Last week, Line\5, a provider of financing solutions for vehicle protection plans, announced a strategic partnership with Pauldron to help dealerships offer a comprehensive suite of protection products, including vehicle service contracts, dent and ding coverage, tire and wheel protection, appearance protection and key replacement coverage.

Line\5 and Pauldron said the partnership aims to deliver significant value to dealerships by integrating Pauldron’s exclusive alliances with premium warranty services and Line\5’s financing expertise.

Executives said dealerships can provide their customers with premium protection packages while offering manageable monthly payment plans through Line\5’s financing options.

The companies said this integration can help dealerships enhance customer loyalty, reduce third-party interference in the vehicle service contract (VSC) space and boost overall profitability.

“Pauldron’s focus on shielding vehicle owners from unforeseen repair costs perfectly aligns with Line\5’s mission to make protection plans more accessible through flexible financing,” Line\5 chief operating officer Brenda Cline-Kereakes said in a news release. “Together, we’re making it easier for dealerships to offer valuable protection services without burdening their customers with large upfront payments.”

Pauldron CEO Matthew Dykstra added in the news release, “At Pauldron, we believe in empowering dealerships to stay connected with their customers at every critical moment.

“Our partnership with Line\5 allows us to offer seamless financing options, enhancing the customer experience and ensuring that dealerships can provide protection products at the right time,” Dykstra went on to say. “Together, we are transforming the way dealers engage with their customers, driving loyalty, and delivering unmatched value throughout the vehicle ownership lifecycle.”