George Fussell

President & CEO at Southern Auto Finance Company

Starting in 1979, George grew his used car dealership to be the largest independent dealer in the state of Florida. Recognizing the need for ethical and fair financing for his customers, SAFCO was founded in 1990 as his captive lender.

In 2004, after the sale of his dealership to AutoNation, SAFCO began offering indirect financing for dealers throughout Florida, Texas, and Georgia. By 2021, the company was operating in 25 markets with 125 employees in two locations. Loan Servicing operations are based in Orlando, while the corporate office is in Fort Lauderdale.

The unique SAFCO Credit Builder Program refers customers back to the selling dealer. SAFCO is recognized for approaching the subprime auto finance industry with the business philosophy that a finance company exists to help customers “for a better tomorrow.”

Through his guidance and entrepreneurial spirit, George has transitioned SAFCO from a traditional, manual-based finance company into a technological and data-driven organization. By investing in the latest technology, he has enabled SAFCO to provide the same fast service as large competitors. And by hiring a talented and capable staff, George has ensured that SAFCO initiatives are properly executed.

George is also a recognized leader in the dispensation of distressed portfolios through the SAFCO Portfolio Services Division. He has worked with a number of major national and international financial institutions and private equity companies on foreclosure consulting, whole loan purchasing, workouts and more. Under his leadership, SAFCO has purchased and serviced portfolios in excess of a half billion dollars since 2002.

George has established operating standards and work practices that over time have been adopted as standard practice throughout the industry. In addition, he has been asked to share his vast knowledge through mentoring other finance companies’ leadership and through speaking engagements.

Timeline

  • President & CEO

    Current role