A Few Words About Us

Welcome to the Friendly Finance Corporation web site. We have been serving the marginal credit needs of automotive dealers for over 60 years. Our primary business is the purchase and servicing of motor vehicle contracts which you, the dealer, can not get bought by your primary financing sources. We have relationships with over 3000 automobile dealerships in Delaware, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Nebraska, Ohio, Tennessee, and Virginia.

We continue to be known by our customers as a dedicated provider of professional, superior service; by our dealers as a premier source of competitive, high-quality products and services, and by our employees as an exceptional place to work.

What sets us apart from our competitors is the combination of our easy-to-use and reliable program, competitive pricing and quick, predictable responses to funding applications.

Our advantages

Excerpts from an article in Special Finance Insider

Consistency and Longevity in the Open BK Niche

There are, of course, a number of subprime finance companies that will finance consumers with prior bankruptcies. What makes Friendly Finance Corporation different from many other finance companies is their focus on customers with open bankruptcies. Their specialty is the consumer who has not yet been discharged from a Chapter 7 or Chapter 13 bankruptcy. They will even also consider customers who’ve had multiple bankruptcies.

In such a highly specialized area of business, proven experience is probably the number-one trait dealers should look for in a finance company, and Friendly Finance has no shortage of experience. Their expertise and knowledge in this area is unsurpassed and proven over the past several decades in this business. They use that expertise to help dealers gain the edge they need in a difficult market.

A distinct advantage to doing business with Friendly Finance Corporation is that dealer agreements are not required. There is no computer scoring system used to evaluate deals; all information is evaluated by Friendly’s credit investigators and buyers, who focus on a customer’s current and past automotive pay history along with ability to pay and stability in both job and residence. Consideration is given to customers with past-due accounts, unpaid medical bills, defaulted student loans, and previous repossessions before bankruptcy.

“Over the past 60 years, we’ve seen many subprime auto finance companies come and go … Dealerships appreciate the fact that we were there for them in the past, are here for them today and will be here for them in the future.”