Non-bank lender Allied Credit and Stellantis Australia have announced the establishment of a new automotive finance partnership.
Under the partnership, Allied Credit will provide captive branded financial services for Alfa Romeo, Fiat and Jeep dealers in Australia.
Stellantis Australia managing director Michael Filazzola says Allied Credit has a strong market reputation and the partnership will be beneficial for the brands dealers and customers.
Allied Credit head of alliances and acquisitions Jim Giles says the business is delighted to partner with the Alfa Romeo, Fiat and Jeep brands and to provide finance to Stellantis Australia.
“A key factor in the partnership is the clear alignment between the two companies – our respective strength and reputation in the market and our mutual drive to support the dealer network through enhanced technology systems and a focus on brand awareness – each will underpin a strong future,” Giles says.
“Everything is moving at pace. While the partnership is new, significant progress has already been made with the majority of the 100 or more dealers nationally already onboarded.
The first campaign for Jeep Financial Services has recently been launched, and the campaigns for Alfa and Fiat are expected to commence soon,” he says.
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