SFG Finance Adds to Executive Team
To handle significant year-over-year increases in volume, SFG Finance has hired vice presidents for its acquisitions, loan servicing and business development sectors.
ARLINGTON, Texas — SFG Finance LLC has enjoyed significant year-over-year increases in volume and has added three industry veterans to its team.
Adrienne Schlitz has joined as senior vice president-manager of acquisitions, while Mike Anderson has joined the company as senior vice president-manager of loan servicing. Additionally, Brad Adams has joined SFG as vice president business development.
Schlitz has more than 22 years of auto industry experience, 19 of which were spent in the nonprime auto finance business. Prior to joining SFG, Schlitz served as a vice president in the Portfolio Acquisition Group of BB&T Dealer Financial Services/Regional Acceptance Corporation, where she focused on business development and portfolio acquisitions. Before that, Schlitz served as vice president at FSB Financial, where she developed and managed credit operations.
Anderson has more than 20 years of nonprime auto finance experience in servicing, successfully leading collections and customer relations for several large companies. His extensive background includes a stint as senior vice president of servicing for AmeriCredit Financial Services. He also served as vice president of loss mitigation for Triad Financial Services.
Adams brings more than 20 years of experience in managing automotive loan portfolios to SFG. His experience includes consulting for BHPH operations, where he managed portfolios of more than $100 million. Adams also has a wealth of experience in other areas, including bulk purchasing, securing lines of credit, lender audits, static pool analysis, forecast modeling, and point-of-sale financing. Adams previously served as the director of new store openings for Indianapolis-based JD Byrider Systems Inc. He also managed JD Byrider locations for seven years and was the CEO of a multimillion dollar point-of-sale finance company.
“Due to our tremendous expansion we have recruited several veteran industry experts. We are also hiring mid-level management positions in several departments, as well as 20 additional customer service personnel to stay ahead of our growth,” said Steve Burke, President and CEO of SFG Finance.
More F&I
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →