About AFIC – Texas Property Tax Lender Since 1946

Long History of Lending in Texas

Founded on July 15, 1946, American Finance & Investment Co., Inc. (AFIC) was established by a group of fourteen El Paso businessmen to serve the financial needs of individuals and businesses in West Texas. Over the decades, AFIC and its affiliated companies have helped thousands of customers access responsible financing solutions and resolve complex financial situations.

AFIC is a Texas property tax lender specializing in property tax loans that help homeowners and commercial property owners resolve delinquent property taxes.

Today, AFIC is recognized as one of the leading property tax lenders in Texas, helping homeowners and commercial property owners resolve delinquent property taxes through structured loan solutions..

Unlike many lenders, AFIC is privately funded, allowing the company to operate independently of third-party banks or institutional lending partners. This structure gives AFIC the flexibility to evaluate each situation individually and provide practical solutions when traditional lenders cannot.

With executive leadership actively involved in day-to-day operations, AFIC maintains a hands-on approach that has defined the company for 80 years.

A Family Business Built on Experience

AFIC has long been led by the Eisenberg family, whose involvement with the company spans multiple generations.

For many years, AFIC was led by Chairman Jack Eisenberg, whose leadership helped shape the company’s long-term growth and reputation. Following his passing in 2021, the company continues under the leadership of Cliff Eisenberg and Ernest Eisenberg, continuing a family tradition of stewardship and long-term commitment to the business.

Collectively, the Eisenberg family brings over 100 years of combined experience in the financial services industry and has dedicated their careers to the continued growth and stability of AFIC.

Commitment to the Texas Community

AFIC has always believed that strong businesses should play an active role in strengthening their communities. Over the years, the company and its leadership have contributed time, resources, and support to numerous civic, educational, and philanthropic organizations throughout Texas.

Organizations supported by AFIC include:

• The University of Texas at El Paso
• The El Paso Holocaust Museum
• United Way of El Paso
• The Sun Bowl Association
• El Paso Chamber of Commerce
• El Paso Zoo
• Ronald McDonald House
• El Paso Central Business Association
• The University of Texas at Austin
• The Connnie S. Amaya Education Aid Foundation

AFIC has also established several scholarship programs to support students pursuing higher education, including:

• The Jack Eisenberg / Coca-Cola Endowed Scholarship Fund at the University of Texas at El Paso
• The Interstate Capital Scholarship at the University of Texas at Austin – McCombs School of Business

These programs help provide opportunities for students seeking to further their business education.

Understanding Property Tax Loans in Texas

What is a Property Tax Loan?

A property tax loan allows a property owner to pay delinquent property taxes using financing provided by a licensed property tax lender. The lender pays the taxes directly to the county or taxing authority and the governmental tax lien is transferred to the lender as security for the loan.

Property tax loans in Texas are governed by Texas Tax Code Section 32.06, which allows property owners to authorize a third party to pay the taxes on their behalf and receive the transferred tax lien.

Once the taxes are paid, the property owner repays the lender through a structured loan agreement rather than owing the balance directly to the county tax office.

Property tax loans can be used for:

• Residential properties
• Investment Purpose/Rental properties
• Commercial properties
• Land

These loans are commonly used by property owners who need time to resolve delinquent property taxes without paying the entire balance at once.

Why Property Owners Use Property Tax Lenders

• Stop escalating penalties and interest - Property taxes in Texas accumulate penalties and interest quickly once they become delinquent.

• Prevent property tax foreclosure - If delinquent taxes remain unpaid, the county or taxing authority may initiate legal action that can ultimately result in foreclosure.

• Convert tax debt into monthly payments - A property tax loan allows the tax balance to be repaid through structured payments rather than a single large payment.

• Resolve tax problems quickly - Once the taxes are paid, the property owner’s account with the taxing authority reflects the balance as paid in full.

Help for Property Owners Facing Delinquent Property Taxes

Property owners who fall behind on property taxes may face increasing penalties, interest, and collection actions from taxing authorities. In Texas, unresolved property tax debt can eventually lead to lawsuits or foreclosure proceedings if the balance remains unpaid.

A property tax loan may allow a property owner to resolve the delinquent balance by paying the taxes owed and converting the obligation into a structured loan with scheduled payments.

AFIC works with property owners across Texas who need assistance addressing delinquent property taxes and determining whether a property tax loan may be an appropriate solution.

Why Choose AFIC as Your Property Tax Lender

Choosing the right property tax lender is important when resolving delinquent property taxes.

AFIC has been providing financing solutions to Texas property owners since 1946, helping thousands of individuals and businesses address financial challenges and protect their properties.

Several factors distinguish AFIC from many other property tax lenders:

• Long-established Texas lender - AFIC has served Texas property owners for 80 years.

• Family-led business - AFIC is a multi-generation family-run company with deep roots in Texas.

• Privately funded lending - Because AFIC uses its own capital rather than relying on outside banks, the company can evaluate each situation individually.

• Hands-on management - Executive leadership remains actively involved in the day-to-day operations of the business.

• Texas-focused expertise - AFIC specializes in property tax lending within the Texas tax system and works with property owners across the state.

Frequently Asked Questions About Property Tax Loans

How does a property tax loan work in Texas?

A property tax lender pays the delinquent taxes directly to the taxing authority. The tax lien is transferred to the lender and the property owner repays the balance through a loan agreement.

Are property tax loans legal in Texas?

Yes. Property tax loans are authorized under Texas Tax Code Section 32.06, which allows property owners to transfer their tax lien to a licensed property tax lender who pays the taxes on their behalf.

Who qualifies for a property tax loan in Texas?

Qualification depends on several factors including the property, the amount of delinquent taxes owed, and the borrower’s ability to repay the loan.

Can property tax loans stop property tax foreclosure?

Paying delinquent property taxes may stop collection actions or foreclosure proceedings related to those unpaid taxes.

Can property tax loans be used for residential and commercial property?

Yes. Property tax loans may be used for homestead, residential, rental, or commercial properties depending on the circumstances.

Get a Property Tax Loan Quote

If you need assistance resolving delinquent property taxes, AFIC can provide a quick evaluation and help determine whether a property tax loan may be an appropriate solution.

You can request a property tax loan quote in under one minute by visiting our delinquent tax form.