Auto Service World
Feature   April 1, 2008   by CARS Magazine

New Repair Financing Company Announced

Car Repair Financing Co. will begin providing financial solutions to customers throughout Canada (with the exception of Quebec) beginning immediately.


Car Repair Financing Co. will begin providing financial solutions to customers throughout Canada (with the exception of Quebec) beginning immediately.

The company is also positioned to begin providing service in a number of U. S. states.

CARFCO’s mission is to provide a solution to both vehicle repairers, who lose money by turning away customers who can’t afford the cost of automobile repairs, and their customers, by offering car repair loans that enable them to fix their vehicles and get back on the road.

“Car service centers are losing money every day because their clients can’t afford to pay for large repairs.” explained CARFCO CEO Martin Lander. “For many people their car is their livelihood, or their only feasible way to get to work. If they can’t afford to pay for repairs, they can’t get to work. We offer a valuable and much needed solution to these problems.”

CARFCO is making their service even more attractive to car repair centers that register for the program by offering them a two per cent bonus on the total of each vehicle repair loan that is financed through CARFCO.


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