Company Information

Get to know Rifco National Auto Finance Corporation

Founded in 2002, Rifco National Auto Finance specializes in the non-prime automotive financing sector. The company's mission is to help Canadians with less-than-perfect credit obtain vehicle financing. Rifco operates by partnering with a large network of new and used car dealerships across Canada to provide loan solutions. The company was publicly traded on the TSX Venture Exchange (TSXV: RFC) until it was acquired by CanCap Group Inc. in July 2021, after which it became a private entity. Rifco continues to operate under its own brand, focusing on a robust underwriting process and strong dealer relationships.

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Rifco National Auto Finance Corporation

Canada

Founded in

2002 (24 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.