Synchrony, a consumer financing company, on Feb. 24 announced it has renewed its financing partnership with Polaris Inc., a manufacturer of off-road vehicles, including Sportsman all-terrain vehicles and the Polaris RANGER, RZR, XPEDITION, and GENERAL side-by-side vehicles, as well as snowmobiles and Slingshot vehicles.
Synchrony today announced it has renewed its financing partnership with Polaris, a leading manufacturer of off-road vehicles, including Sportsman all-terrain vehicles and the Polaris RANGER, RZR, XPEDITION, and GENERAL side-by-side vehicles, as well as snowmobiles and Slingshot vehicles.
For nearly two decades, Synchrony and Polaris have partnered to provide Polaris buyers with access to customized promotional financing and loan options offered through Polaris’ extensive U.S. dealer network. The continued collaboration supports financing for vehicles, parts, accessories, gear, and vehicle service and protection products helping consumers manage the cost of major purchases while enabling dealers to better serve customers.
“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.”
Polaris dealers will continue to collaborate on the development of financing options tailored to the needs of both consumers and dealers. Polaris will also have access to advanced underwriting capabilities through PRISM, Synchrony’s differentiated credit decisioning system that uses a holistic approach to assess a consumer’s creditworthiness.
“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.”
