Motor Finance Corporation (MFC), a division of Nedbank, has been a leading force in the South African financial landscape, offering tailored vehicle financing solutions.
Formerly known as Nedbank Vehicle Finance, MFC emerged following a merger between Motor Finance Corporation and Nedbank Vehicle and Asset Finance in October 2010.
This strategic move not only rebranded the entity but also added substantial value to Nedbank’s vision of becoming Africa’s most admired bank.
In this in-depth article, we explore the legacy, unique features, and benefits that make MFC a preferred choice for those embarking on the journey of vehicle ownership.
MFC’s Legacy and Vision
The union of Motor Finance Corporation and Nedbank Vehicle and Asset Finance in 2010 marked the birth of MFC, aligning with Nedbank’s vision to be Africa’s most admired bank. This merger has not only strengthened the institution’s position in the financial market but has also infused a renewed commitment to clients, stakeholders, regulators, and communities.
Dedication to Vehicle Finance
MFC prides itself on its single-minded focus on vehicle finance. The approach is centered on providing clients with an added benefit of fast, efficient, and simple service. Clients can choose from a variety of finance options, reflecting MFC’s commitment to meeting the diverse needs and preferences of its clientele.
Vehicle Loan Calculator
Empowering Clients with Information
MFC believes in empowering both its staff and clients. As a result, all the information needed to make informed choices is readily available. This commitment to transparency ensures that clients are equipped with the knowledge necessary to navigate the complexities of vehicle financing.
Cutting-Edge Technology and Innovation
Part of MFC’s approach involves delivering cost-effective service through cutting-edge technology, continuous product innovation, and the dedicated efforts of highly skilled and motivated staff. This commitment positions MFC as a dynamic and forward-thinking player in the vehicle financing landscape.
Benefits of Choosing MFC
Choosing motor finance with MFC comes with a myriad of benefits:
- World-Class Service: Enjoy world-class service from the second biggest vehicle financier in the retail market.
- Financial Backing: Have peace of mind knowing your finance is backed by one of South Africa’s top four banks.
- Strategic Partnerships: Benefit from partnerships with key industry players, including Imperial, AMH, Hyundai, Kia, and Auto Pedigree.
- Extensive Dealership Network: Deal with any one of the over 2,400 approved dealerships on MFC’s books.
Application Process
Applying for finance with MFC is convenient and flexible. You can submit an application directly to the client center or through one of MFC’s many approved dealers, providing you with multiple channels to initiate your journey towards vehicle ownership.
In conclusion, MFC stands as a testament to the evolution and innovation in South Africa’s vehicle financing landscape. With a rich history, a commitment to transparency, and a suite of benefits for clients, MFC continues to be a driving force for individuals seeking to turn their automotive dreams into reality.