Company Overview

Mid-Atlantic Finance Company (MAF) is a non-prime automotive finance lender that has provided over $5 billion in funding to the automotive industry since 1989. Founded in 1990 by Kevin Hawkins, who continues as CEO, the company specializes in subprime auto loans and indirect lending solutions for independent automotive dealers.

Business Operations

Primary Services:

  • Subprime automotive loan origination
  • Indirect lending through automotive dealers
  • Loan portfolio acquisition and servicing
  • Credit solutions for non-prime borrowers

Target Market: The company focuses exclusively on the underserved subprime automotive market, providing financing options for consumers with limited or challenged credit histories who may not qualify for traditional bank financing.

Leadership Structure

  • CEO: Kevin Hawkins (Founder)
  • President: Pete Agostinelli

The company has maintained consistent leadership since its founding, with Hawkins providing strategic direction for over three decades in the non-prime automotive finance sector.

Geographic Presence

Corporate Headquarters: 4592 Ulmerton Road, Suite 200 Clearwater, Florida 33762

Additional Service Centers:

  • Houston, Texas
  • Phoenix, Arizona

The company maintains operations across multiple states to serve its dealer network throughout the United States.

Company Size and Scale

According to recent business intelligence data, Mid-Atlantic Finance Company employs approximately 115-150 staff members. Revenue figures from business databases indicate approximately $93 million in annual revenue, though these figures represent estimates from third-party sources and have not been independently verified by the company.

Industry Position

The company describes itself as “a non prime financial services leader” within the automotive finance sector. MAF has established relationships with independent automotive dealers across the United States, focusing on expanding access to vehicle financing for consumers in the subprime market segment.

Regulatory and Accreditation Status

Mid-Atlantic Finance Company is not accredited by the Better Business Bureau at either its Florida or Texas locations. The company operates as a consumer finance company under applicable state and federal regulations governing automotive lending.

Customer Experience Considerations

Potential customers should be aware of mixed customer feedback. Customer reviews on platforms like Yelp include complaints about customer service quality, communication difficulties, and title processing issues. The company has 78 employee reviews on Indeed, indicating an established workforce, though specific employee satisfaction metrics are not publicly available.

Consumer feedback suggests potential borrowers should carefully review all loan terms and maintain detailed records of payments and communications with the company.

Professional Network

The company maintains a LinkedIn presence with over 1,400 followers, indicating an established professional network within the automotive finance industry. This presence helps facilitate dealer relationships and industry connections.

Financial History

Since 1989, the company has processed billions of dollars in automotive loans, establishing a track record in the non-prime automotive finance sector. The company’s longevity in the industry demonstrates sustained operations despite the inherent risks associated with subprime lending.

Important Consumer Information

Prospective borrowers should:

  • Carefully review all loan documentation before signing
  • Maintain detailed payment records
  • Understand the terms and conditions of subprime automotive loans
  • Consider all available financing options before committing

As with any financial services provider, consumers should conduct thorough research and consider their individual financial situation before entering into loan agreements.

This profile is compiled from publicly available sources and business directories. Financial figures and operational details are subject to change. Consumers should verify current information directly with the company before making financial decisions.