Pelican Auto Finance originates used car loans to “deep subprime” borrowers through a network of independent auto dealers, primarily in the Mid-Atlantic, Illinois, and Ohio. Pelican services all loans in-house and uses GPS and starter interrupt technology to enhance its collection activity and to track its underlying collateral. The company has offices in Cherry Hill, NJ and San Diego, CA.
Location: United States, New Jersey, Cherry Hill Township
Employees: 51-200
Total raised: $50M
Founded date: 2009
Investors 1
| Date | Name | Website |
| - | Flexpoint ... | flexpointf... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 01.02.2013 | - | $50M | Flexpoint ... |
Mentions in press and media 1
| Date | Title | Description |
| 01.02.2013 | Pelican Auto Finance, LLC Announces $50 million Partnership with Flexpoint Ford | 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 i... |