Sheffield Financial and Polaris extend multi-year retail financing partnership

Core Insights - Sheffield Financial and Polaris Inc. have renewed their retail financing partnership, which began in 2009, emphasizing their commitment to customer-friendly financing options [1][2] - The partnership aims to enhance the retail experience for Polaris dealers and customers across the nation [1][2] Company Overview - Sheffield Financial, a division of Truist Bank, specializes in providing simple and fast installment financing across various industries, including powersports [3] - Founded 32 years ago, Sheffield Financial serves hundreds of leading brands and has financed millions of customers in the USA [3] - Truist Financial Corporation, the parent company of Sheffield, is a major financial services provider with total assets of $531 billion as of December 31, 2024 [4] Partnership Benefits - Polaris dealers gain access to Sheffield Financial's nationwide installment financing, digital tools, and services [2][6] - The partnership offers flexible financing options for both new and pre-owned Polaris products, facilitating affordable monthly payments for customers [6] - Sheffield's online dealer portal provides digital tools like prequalification technology, enhancing the buying experience for customers [6] Dealer Support - Sheffield Financial provides dedicated support to Polaris dealers through powersports-specialist underwriters available seven days a week [6] - The financing process is designed for speed and simplicity, allowing dealers to efficiently close sales with fast approvals and quick funding [6]