Who is MFSG?
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Who is MFSG?
The MEMA Financial Services Group, Inc. (MFSG) supports credit and financial professionals in the motor vehicle supplier industry with crucial insights to enable informed credit decisions.
Through the facilitation of credit discussion groups, access to legal support, educational seminars, credit reference services, and more, MFSG is a trusted partner for motor vehicle suppliers looking to more efficiently and effectively work with their customers.
MEMA Financial Services Group, Inc. (MFSG) is a wholly owned subsidiary of The Motor and Equipment Manufacturers Association (MEMA).
MFSG was founded in 1916 and served the industry as a credit reporting and collection service. In 1946, MFSG started its first credit discussion group where credit and financial executives gathered to discuss current and historical facts about mutual customers.
In 2006 MFSG was contracted to take over the administration of the Marine Accessory Manufacturers Credit Association which is a credit discussion group in the marine industry.
Due to industry consolidation MFSG combined several of their credit discussion groups into one group in 2009. The former Aftermarket Credit Group, Volume Retail Group, SEMA High Performance Group and Canadian Automotive Groups were combined into the Aftermarket Volume Group.
In 2012 MFSG was contracted to take over the administration of the ABCD Motor Credit Association which is a credit discussion group that covers the original equipment and heavy duty segments of the motor vehicle industry.