MEMA Financial Services Group (MFSG) was established in 1916 and is recognized as the credit authority for the automotive products industry. MFSG is a wholly owned subsidiary of the Motor and Equipment Manufacturers Association (MEMA). Founded in 1904, MEMA exclusively represents and serves U.S. manufacturers of motor vehicle components, tools and equipment, automotive chemicals, and related products used in the production, repair and maintenance of all classes of motor vehicles. For more information about MEMA see their website at www.mema.org.
MFSG provides member credit and financial executives with accurate, timely information relating to a customer's trade payments and a detailed analysis of their operations. MFSG has a staff of seasoned automotive analysts who can communicate the individual status of a specific customer or discuss industry conditions and trends. This information, along with the credit executive's independent investigation, enables the company to make a more informed, educated credit decision. Trade clearances, credit reports and important news bulletins are provided to our subscribers, which range in size from the giants of the industry to the smaller manufacturers serving niche markets. This service is available for one low annual fee and is accessible by traditional methods and through the internet.