Pelican Auto Finance, AUL Partner on New VSC Program, from Auto Dealer Monthly.
NAPA, Calif. — Pelican Auto Finance LLC, a finance source specializing in deep-subprime auto finance, has selected AUL Corp. to be its national vehicle service contract (VSC) provider. The partnership brings together the two companies’ strong field representation and dealer base.
“Pelican is growing and making an impact nationwide, and AUL is a natural complement to our offering that we feel that customers and dealers will see as a value-add and just another reason to choose us,” said Troy Cavallaro, CEO of Pelican Auto Finance.
Currently in the national roll-out phase, both AUL and Pelican said they believe the VSC offering they developed together will add business to the portfolios of both companies. To date, dealer response has been strong, with the two companies noting that an “unprecedented number” of dealers have signed up to take advantage of the new program.