agent Entrepreneur logo
MenuMENU
SearchSEARCH

Vets-Cars and Coastal Credit Partner to Provide U.S. Military Customers with Quality Vehicles, Loans & Extended Service Coverage

May 14, 2012
2 min to read


EAST HADDAM - Vets-Cars Group, a dealer association focused on promoting a bond of trust and commerce between select dealers and military consumers, announced their new partnership with Coastal Credit, L.L.C. a solid, respectful new and used car lender to military and civilian consumers for more than 25 years.


The partnership, which is novel to the automobile industry, is the concept of Ben Hensley, VP of Sales at Coastal, and Sergeant Major Dave Francisco, USMC (ret), Director of Vets-Cars. “Our collaboration with Vets-Cars is unique and very exciting,” said Hensley, a United States Air Force veteran, “and, will enable us to provide our dealer customers a powerful level of value and commitment and position us to better serve those who serve.”

Ad Loading...


Vets-Cars membership, which will include training on properly serving the military auto buyer, will be offered to all qualifying members of Coastal Credit’s vast dealer base. And, Vets-Shield Command Care extended vehicle coverage, a top quality exclusionary product administered by NAC, will be utilized as the preferred VSC on all auto loans made to enlisted military personnel.


As Francisco explained, “The Vets-Shield VSC Program was designed by me, Chris Walsh (Managing Partner for Vets-Cars Group), and fellow Marine Corps Sergeants Major. All of us had had experience with young Marines in our charge getting into trouble trying to buy a vehicle or getting talked into a service contract that was misrepresented and sold at an exorbitant price by some less-than-scrupulous dealer employee,” he said.


“With Vets-Shield, we are able to provide price-regulated, top quality exclusionary coverage that is administered by NAC, renowned for their integrity, professionalism and near flawless customer support within the automotive industry.”


“The concept of providing this level of start-to-finish services for military personnel – from quality vehicle to loan to extended coverage – is innovative, and we’re pleased to play an important role within this new partnership,” said Christina Schrank, Vice President of Marketing at NAC. 


“Our mission”, concluded Hensley, “Is, and always has been, to provide the highest level of service and quality of product to our dealers and their enlisted customers. This partnership will provide all involved new opportunities to grow and continue to ‘Do well by doing good’.”


More Industry

Two white men's shaking hands
Industry•October 15, 2026

Penske Auto Group Deal a Record

The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.

Read More →
Rows of cars parked in exterior lot
Industry•by Hannah Mitchell•October 8, 2026

War Toll a Damper on Used Auto Prices

Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.

Read More →
Mechanic cleaning interior of engine
Industry•by Lauren Lawrence•October 8, 2026

Bridge the Maintenance Gap

With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.

Read More →
Ad Loading...
Ford F-150 truck rounding a curve
Industry•by Hannah Mitchell•October 1, 2026

California Store Has New Owner

The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.

Read More →
crane lowering a pipeline into the ground
Industry•by Lauren Lawrence•October 1, 2026

BMW Plant Pursues Cleaner Energy

BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.

Read More →
Two dodge cars outside of dealership.
Industry•by Lauren Lawrence•September 17, 2026

Auto Affordability Inches Up

The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.

Read More →
Ad Loading...
Five men smiling for photo in front of Honda car dealership.
Industry•by Lauren Lawrence•September 10, 2026

Ohio Auto Group Under New Ownership

After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.

Read More →
Blue and white RV parked on beach facing the ocean.
Industry•by Lauren Lawrence•September 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industry•by Hannah Mitchell•September 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Ad Loading...
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industry•by Lauren Lawrence•August 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...