Sheffield Financial and Scarab launch new nationwide retail financing partnership

Core Insights - Sheffield Financial has formed a national partnership with Scarab to provide competitive financing options for Scarab's high-performance jet-powered boats [1][3] - The collaboration aims to enhance the boat buying experience by leveraging Sheffield's 32 years of consumer financing expertise and Scarab's extensive dealer network [2][3] Company Overview - Sheffield Financial, a division of Truist Bank, specializes in fast and flexible retail financing across various industries, including marine and powersports, and has financed millions of customers in the USA [4] - Truist Financial Corporation is a leading U.S. commercial bank with total assets of $531 billion as of December 31, 2024, offering a wide range of financial services [5] Product and Service Features - The partnership will utilize Sheffield's advanced prequalification technology, allowing customers to check financing eligibility without affecting their credit score, thus streamlining the purchasing process [2][3] - Scarab boats, powered by Rotax® engines, are designed for performance and recreational activities, featuring models ranging from 16 to 28 feet [6]