Automotive Credit Overview
- Year Founded
-
1992

- Status
-
Private
- Employees
-
280

- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$281M
Automotive Credit General Information
Description
Provider of automotive financial services designed for consumers with limited history. The company purchases installment contracts from both independent and franchised automobile dealers for customers who are unable to obtain financing from traditional sources, enabling clients to get vehicle financing with ease.
Contact Information
Website
www.automotivecredit.comCorporate Office
- 26261 Evergreen Road
- Suite 300
- Southfield, MI 48076
- United States
Corporate Office
- 26261 Evergreen Road
- Suite 300
- Southfield, MI 48076
- United States
Automotive Credit Timeline
Automotive Credit Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Debt - General | 15-Jul-2022 | $281M | Completed | Profitable | ||
4. Debt - General | 16-May-2022 | Completed | Profitable | |||
3. Debt - PPP | 07-Apr-2020 | Completed | Generating Revenue | |||
2. Seed Round | 03-Feb-2017 | $6.42M | $56.4M | Completed | Generating Revenue | |
1. Debt - General | 28-Sep-2009 | $50M | $50M | Completed | Generating Revenue |
Automotive Credit Comparisons
Industry
Financing
Details
Automotive Credit Competitors (26)
One of Automotive Credit’s 26 competitors is Consumer Portfolio Services, a Corporation company based in Irvine, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Consumer Portfolio Services | Corporation | Irvine, CA | ||||
Lendmark Financial Services | Private Equity-Backed | Lawrenceville, GA | ||||
OneMain Financial | Corporation | Evansville, IN | ||||
American Express | Private Debt Financed | New York, NY | ||||
Synchrony Financial | Corporation | Stamford, CT |
Automotive Credit Signals
Automotive Credit Acquisitions (1)
Automotive Credit’s most recent deal was a Merger/Acquisition with Top Finance Company. The deal was made on 21-Sep-2017.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Top Finance Company | 21-Sep-2017 | Merger/Acquisition | Consumer Finance |
Automotive Credit Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Top Finance Company | Southfield, MI | 1999 |
Automotive Credit FAQs
-
When was Automotive Credit founded?
Automotive Credit was founded in 1992.
-
Where is Automotive Credit headquartered?
Automotive Credit is headquartered in Southfield, MI.
-
What is the size of Automotive Credit?
Automotive Credit has 280 total employees.
-
What industry is Automotive Credit in?
Automotive Credit’s primary industry is Consumer Finance.
-
Is Automotive Credit a private or public company?
Automotive Credit is a Private company.
-
What is Automotive Credit’s current revenue?
The current revenue for Automotive Credit is
. -
How much funding has Automotive Credit raised over time?
Automotive Credit has raised $560M.
-
Who are Automotive Credit’s competitors?
Consumer Portfolio Services, Lendmark Financial Services, OneMain Financial, American Express, and Synchrony Financial are some of the 26 competitors of Automotive Credit.
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