NAPA, Calif., Sept. 19, 2011 /PRNewswire/ -- AUL Corp., America's largest national provider of used car service contracts, and Universal Lenders LLC, creator of The ZERO Plan® announce today that they will be working together to offer simple solutions to auto dealers. The partnership will allow dealers to provide premium financing through The ZERO Plan® to their customers who purchase an AUL Vehicle Service Contract.
Jeff Jacobs, President of Universal Lenders LLC said, "The team at Universal Lenders is excited to be partnering with AUL whom we recognize as a leader in our industry. The ZERO Plan® will offer the AUL Dealer Client a powerful closing tool that is also the most dealer-friendly in the industry. Our goal is to drive incremental sales for both AUL and our Dealers."
When asked about becoming an approved provider, Jimmy Atkinson, COO of AUL stated, "We are excited about the opportunity to work with Universal Lenders so that our agents and dealers can benefit from The ZERO Plan®. We believe it provides a great tool for our agents to compete in the marketplace as well as provides key dealer benefits."
About AUL Corp.
AUL Corp. founded the national used car service contract industry in 1990, with its still famous Any Year, Any Mileage® Vehicle Service Contract. AUL continues leading its industry and is the only provider of its type authorized to conduct business in all 50 States, as well as some Caribbean locations. AUL enjoys a long relationship with its underwriters who hold an A.M. Best rating of "A" Excellent. AUL Corp. also enjoys the longest term relationships in the industry with its agent and dealer clients, verified by independent third party research. AUL's mission is to be the premier service contract administrator in America, by any quantifiable measurement of business activity. To find out more, please visit www.aulcorp.com.
About Universal Lenders, LLC
A privately held company located in the Chicago area, Universal Lenders LLC offers a nontraditional approach to premium financing marketed as The ZERO Plan®. With a goal to increase dealership profits by increased use of premium financing, Universal Lenders LLC created The ZERO Plan® as a dealer friendly platform to offer payment to dealers in 7 days, provide a collection program with the dealers to limit cancellations and expand the list of eligible products for dealers to finance such as Tire & Wheel and other ancillary F&I products. Universal Lenders has been financing vehicle service contracts and other F&I products for over 20 years in the Chicago land area and in January of 2010 expanded their program nationwide. For more information please call 866-954-1050 ext. 8003 or visit www.the-zero-plan.com.
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SOURCE AUL Corp.