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Portrait

Innovative by tradition

The company's founders are meanwhile looking back on more than 20 years of experience in their field of business and are permanently developing innovations in sales financing:
Already in 1986 they were successful in developing the first leasing software under DOS available on the market. Since 1995 - the company's founding year - some more mile stones were set:

1995-97

Establishment of afb as a provider of Point of Sale (POS) credit management solutions with more than 30,000 systems (first windows-based solutions)


1997-99

  • Focus on the Internet as technological basis for the afb system
  • Market launch of afb systems and going to market with Application Service Providing solution (first web-enabled solution)

1999

First reference customers for the application services of afb


2000

  • Development of a well-known international customer base (General Motors Acceptance Corp.)
  • Replacement of old generation systems

2001

Implementation of fully automated credit decision and processing functionalities


2002

Development of multi-lingual software solutions


2003

Introduction of early termination and web-enabled customer care functionality


2004

  • Launch of wholesale financing solution with a focus on the automotive industry
  • Launch of a PDA solution
  • First customers in Eastern Europe (Poland, Russia)

2005

Complete web-based architecture of the afb Credit Management Solution



2006

  • New contract management system for loans, leasing and wholesale financing
  • Integration of revolving credit functionalities


2007

Expansion of data mining and data warehouse functionalities

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