Ford Motor Credit Company LLC is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan.
Its business activities are concentrated primarily in the area of automobile loans in support of its parent company. The company offers consumer loans and leases to car buyers, as well as business loans and lines of credit to dealerships selling Ford Motor Company products. The firm also issues commercial paper and other debt instruments on Ford's behalf.
Ford Credit, as it is popularly known, is somewhat analogous to GM Financial, the credit and lending arm of competitor General Motors.
Ford Credit also owns Lincoln Financial Services. The arm that finances Lincoln Brand Vehicles.
Famous quotes containing the words ford, motor, credit and/or company:
“Off Highway 106
At Cherrylog Road I entered
The ‘34 Ford without wheels,
Smothered in kudzu,
With a seat pulled out to run
Corn whiskey down from the hills,”
—James Dickey (b. 1923)
“This biplane is the shape of human flight.
Its name might better be First Motor Kite.”
—Robert Frost (1874–1963)
“The world is a puzzling place today. All these banks sending us credit cards, with our names on them. Well, we didn’t order any credit cards! We don’t spend what we don’t have. So we just cut them in half and throw them out, just as soon as we open them in the mail. Imagine a bank sending credit cards to two ladies over a hundred years old! What are those folks thinking?”
—Sarah Louise Delany (b. 1889)
“Whether lawyer, politician or executive, the American who knows what’s good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.”
—Lewis H. Lapham (b. 1935)