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PELICAN RESOURCE GROUP, LLC LAUNCHES “PROFIT OVER TIME”;
HELPING FRANCHISED AND INDEPENDENT AUTO DEALERS BOOST SALES,
LIQUIDITY – AND PROFITS
Profit Over Time Helps Auto Dealers Move Excess Used and Wholesale Inventory
CHERRY HILL, New Jersey (April 27, 2009) – Franchised and independent automobile
dealerships that are looking to move excess used and wholesale inventory will have a
comprehensive program to support them with the launch of Pelican Resource Group, LLC
(www.pelicanresourcegroup.com).
Pelican Resource Group developed and tested the Profit Over Time program in collaboration
with franchised and independent dealers. This powerful program gives these dealerships the
ability to increase sales, generate greater cash returns over time, and improve profitability.
Dealerships that partner with Pelican Resource Group will have a full‐scale program that
enables them to meet the needs of the abundant sub‐prime customer base in a hassle‐free
manner. Using the Profit Over Time program, dealers can sell more used inventory, make
greater returns on wholesale‐bound inventory, capture up‐front cash, and secure profit streams
of duration. Pelican Resource Group manages all aspects of customer servicing, collections, and
full‐scale collateral management, recovery and disposition – removing the traditional barriers
and fears that have kept franchised and independent dealers from engaging this powerful and
growing customer group.
Franchised and independent dealers use the Profit Over Time program to free up their existing
used and wholesale‐bound inventories while satisfying the pent‐up demand of sub‐prime
customers for affordable and reliable transportation. Once customers are matched to acceptable
collateral, loan documents are gathered and verified at the dealership and submitted for final
review and boarding. Pelican Resource Group handles all aspects of customer servicing and
payment collections – forwarding all principal payments collected to the originating dealer.
Pelican Resource Group provides franchised and independent dealers a partner with the
experience in servicing the sub‐prime customer base, giving them confidence to capture a
growing market, said Troy Cavallaro, founder and President of Pelican Resource Group.
“The key to success for franchised and independent auto dealers today is ongoing access to
lenders and options,” Cavallaro said. “The Profit Over Time program makes it easy for dealers
of any size to generate cash through better management of their used inventories. Whether they
send us 5 deals a month or 50 deals a month, dealers will feel the impact of an on‐going revenue
stream that helps to create consistency in cash flow.”
