03 December
AFICO is pleased to announce it has entered into a binding agreement to sell its asset finance lending business, Automotive Financial Services Pty Limited (AFS), to Money3 Corporation Limited (ASX: MNY or Money3) which will accelerate Money3's growth into the near-prime market segment.
10 September
On 10th September 2020, the Australian Office of Financial Management (AOFM) invested $9.5 million into a securitised warehouse trust (AFS AUTO-1 Trust) managed by Automotive Financial Services (AFS) - a subsidy of AFICO Pty Ltd.