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Ford Motor Credit Company
IndustryDiversified financial
Founded1959 (1959)
HeadquartersDearborn, Michigan, U.S.
ProductsAutomobile financing
RevenueIncrease US$ 8.996 billion (2014)[1]
Increase US$ 1.854 billion (2014)[1]
Increase US$ 1.705 billion (2014)[1]
Total assetsIncrease US$ 122.1 billion (2014)[1]
Total equityIncrease US$ 11.37 billion (2014)[1]
Number of employees
6,500 (2014)[1]
ParentFord Motor Company

Ford Motor Credit Company LLC, d/b/a Ford Credit, is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan.

The predominant share of Ford Credit's business consists of financing Ford and Lincoln vehicles and supporting Ford and Lincoln dealers. Specifically, its business activities are concentrated in the area of automobile financing for consumers and dealership inventory and leasing. Ford Credit competes mainly on the basis of service and financing rate programs, including those sponsored by Ford. A key foundation of its service is providing broad and consistent purchasing policies for retail installment sale and lease contracts, and consistent support for dealer financing requirements across economic cycles. These policies have helped Ford Credit build strong relationships with Ford's dealer network that enhance competitiveness.[2] Ford Credit also provides commercial financing 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 also owns Lincoln Automotive Financial Services, the arm that finances Lincoln vehicles.

Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment’s highest full year EBT in eight years. However, this upward trend may not last much longer as car sales continue to decline. Ford Credit’s ROE, which fell from 22% in 2017 to 14% in 2018, forecasts the segment’s coming decline.[3]


This section needs expansion. You can help by adding to it. (March 2020)

Ford began its journey into auto financing by launching a Weekly Purchase Plan in 1923. The program was designed to allow people to pay a certain amount to the bank weekly up until they had saved for the cost of a car.[4]

The credit arm of Ford Motor Company was created with the purchase of Associates First Capital Corporation from Gulf Western in 1989.[5]

Since the automotive industry crisis of 2008–10, Ford Credit has been the only financial arm of Detroit's "Big Three" still owned by its parent automaker after the spinoff of GMAC (now Ally Financial) by General Motors and the purchase of Chrysler Financial (now TD Auto Finance) by Toronto-Dominion Bank.


  1. ^ a b c d e f "2014 Form 10-K, Ford Motor Credit Company LLC". United States Securities and Exchange Commission.
  2. ^
  3. ^ Eckstein, Jakob. "What Drives Ford's Profits? Not Just Cars... but Mostly Cars". Investopedia. Retrieved 2021-02-04.
  4. ^ Bookmark +, Staff •. "Ford Motor Credit Marks 50th Anniversary". Retrieved 2021-08-20.
  5. ^ Hoffman, Bryce. American Icon: Alan Mulally and the Fight to Save Ford Motor Company.