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Synchrony and Polaris Renew Partnership for Consumer Financing

Polaris

Synchrony has recently extended its partnership with Polaris Inc. for consumer financing over a period of multiple years. This partnership will ensure that customers are able to take advantage of flexible financing options for outdoor vehicles. As a result, enthusiasts will be able to finance their purchase of snowmobiles, off-road vehicles, and motorcycles from authorized dealerships. This partnership has been able to successfully run for almost two decades. Both parties are working towards making the buying process easier for thousands of riders across the country.

“When consumers want to tackle the backcountry, trails, or the open road, they often turn to Polaris for their next adventure,” said Darrell Owens, EVP and CEO, Lifestyle, Synchrony. “At Synchrony, our goal is to make that adventure attainable with responsible financing. Together with Polaris, we’re advancing innovative solutions that empower dealers and keep pace with the evolving powersports market.”

Enhancing Financing Experiences for Riders and Dealers

This collaboration is still important as the need for outdoor recreation activities continues to rise. Synchrony offers a variety of promotional financing and installment loan solutions to satisfy the needs of the buyer. As such, the customer gets a hassle-free application experience via mobile and in-store options. The Polaris dealers get to enjoy the benefits of a seamless technology system that boosts sales and customer loyalty. In fact, most of the buyers have come to expect specialized financial options when acquiring high-end recreational products.

“We are pleased to extend our nearly 20-year relationship with Synchrony, reinforcing our shared commitment to delivering innovative financing solutions for Polaris customers and dealers,” said Bob Mack, CFO and EVP, Finance and Corporate Development, Polaris Inc. “Synchrony continues to enhance the speed of credit decisions and provide digital tools for seamless financing experiences, empowering both Polaris and our dealer network to better serve customers and drive growth.”

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News Source: PRNewswire.com