Latest Pelican Auto Finance LLC Stories

Cherry Hill, N.J., Feb. 1, 2013 /PRNewswire/ -- Pelican Auto Finance, LLC ("Pelican") announced that it has received an initial equity investment from funds affiliated with private equity firm Flexpoint Ford, LLC ("Flexpoint Ford") and that Flexpoint Ford has been granted the option to invest up to $50 million in the aggregate in Pelican. As an indirect, deep sub-prime automotive lender, Pelican provides auto financing solutions for both franchise and independent dealers in the...