C&F Finance is a bank owned finance company providing automobile loans throughout Virginia, Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Iowa, Minnesota, Colorado and West Virginia. C&F Finance is an indirect lender that provides automobile financing through lending programs that are designed to serve customers in the "non-prime" market. C&F Finance generally purchases automobile retail installment sales contracts from manufacturer-franchised dealerships with used-car operations and through selected independent dealerships. C&F Finance selects these dealers based on the types of vehicles sold. Specifically, C&F Finance prefers to finance later model, low mileage used vehicles because the initial depreciation on new vehicles is extremely high.
C&F Finance also finances RV and Marine loans throughout Florida, Illinois, Indiana, Missouri, Ohio, Iowa, Minnesota, and Texas. C&F Finance is an indirect lender that provides RV and Marine financing designed to serve customers in the prime market. C&F purchases retail installment sales contracts from Source One who works with a network of RV and Marine dealers.
C&F Finance is a wholly owned subsidiary of C&F Bank, which is publicly traded on NASDAQ under the symbol CFFI. The Bank was established in 1927 and is a leader in performance among its peers.