Core Insights - Synchrony has renewed its financing partnership with Polaris, extending a nearly 20-year collaboration to provide flexible payment options for powersports customers [1][2] - The partnership enables Polaris dealers to access Synchrony's full range of industry-specific products and digital tools, including the PRISM underwriting system, which supports responsible credit access [1] - Financing options include promotional financing and installment loans for various Polaris products, helping consumers manage costs while enhancing dealer capabilities [1] Group 1: Partnership Details - The renewed partnership allows Polaris dealers to offer customized promotional financing and loan options through Synchrony's extensive U.S. dealer network [1] - Synchrony aims to enhance the speed of credit decisions and provide digital tools for seamless financing experiences, benefiting both Polaris and its dealer network [1] - The collaboration focuses on developing financing options tailored to the needs of consumers and dealers, reinforcing their shared commitment to innovative solutions [1] Group 2: Financing Options - Eligible purchases for financing include Polaris off-road vehicles, snowmobiles, and Slingshot vehicles, as well as parts, accessories, and service purchases at participating dealers [1] - Customers can apply for financing at participating Polaris dealerships, which offer fast prequalification and point-of-sale applications [1] - Financing terms and rates vary by vehicle type, purchase amount, and individual credit profile, with special promotions available at different times of the year [1] Group 3: Technology and Underwriting - PRISM is a data-driven credit decisioning platform that provides a holistic view of a consumer's creditworthiness, supporting responsible financing [1] - The platform aims to match customers with suitable credit options while reducing the risk of overextension [1] - Synchrony's advanced underwriting capabilities will continue to be available to Polaris dealers, enhancing their financing programs [1]