GMAC Car Finance
GMAC Financial Services is one of the world’s largest financial services companies and has operations in over 40 countries.GMAC Financial Services was established in 1919 & it has extended over US $1,400 billion in credit to help finance more than 162 million vehicles worldwide.
GMAC offers products and services that cover automotive finance, commercial finance, insurance and mortgage products, and real estate services. With over 80 years experience in the financial services industry and with a product range spanning from car loans to commercial financing via insurance and mortgages, GMAC Financial Services is the right solution for all commercial financing needs.
Products and Services
A range of products and services are provided for business customers, from vehicle fleet funding and leasing, to specialist commercial financing.
GMAC also offers business expertise through these specialized divisions: This division provides inventory financing and account receivables, that could be tied up with other specialized products and services such as credit and risk mitigation tools, collection and accounting services, and foreign trade financing programs.
Accounts Receivable management
International Debt and Domestic Financing
Credit Protection/Risk Mitigation
Import /Export Factoring
Customer Bad Debt Protection
Letters of Credit (Elimination)
Non Notification Customer Credit Guarantee
Export Customer Guarantee Program
Select Customer Credit Protection
Global Open Account Trade Credit
Supplier Early Payment Program
This division provides a wide range of major lending products with amounts spanning between US $ 10 million to US $ 500 million, customized to meet the typical requirements of mid-sized companies and private equity participants. The division has extensive experience in the automotive, manufacturing, distribution, and retail industries.
Asset Based Lending
Junior Secured Mezzanine Lending
Letters of Credit
Automotive Supplier Finance
Plan of Reorganization
Capital Expenditure Lines
Private Equity Fund Guarantee Loan
Private Equity Sponsor Buyout
Global Acquisition Financing
Working Capital Revolvers
GMAC has locations spread across North America, Europe, and Asia and, as part of a global network of financial partners, has the ability to facilitate worldwide trade on open account terms. The UK business of GMAC was set up in 1960 and, is today, a leading independent corporate funding specialist with global reach. The custom made commercial finance solutions include:
International Trade Solutions
Asset based lending In Poland
GMAC Commercial Finance Sp. z o.o. has been operating since October 2004, offering financial solutions designed to meet the financing needs of clients with certain specialized products, such as:
Buyer credit protection
Factoring and discount of promissory notes
Collection and administration
GMAC Financial Service 1290 Avenue of the Americas
NY 10104 (212) 884-7000
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Last Updated on : 1st August 2013