Yamaha, HSBC renew revolving financing contract
December 29, 2008
Filed under Features
Yamaha Motor Corp., U.S.A., and HSBC Finance Corporation’s card and retail services business announced a new seven-year agreement that extends through 2015. HSBC will continue to provide revolving financing through the Yamaha Card program for customers who purchase Yamaha motorcycles, scooters, ATVs, side-by-sides, snowmobiles, PWC, accessories and apparel.
“HSBC has provided revolving financing for Yamaha’s customers since 1994 and, thanks to the concerted efforts of our Retail Finance team, we can look forward to continuing this mutually beneficial relationship through 2015,” said Ian Harper, general manager of Yamaha’s Financial Services Division.
“We are pleased to continue our successful 14-year partnership with Yamaha,” said Patrick Burke, senior executive vice president and chief operating officer, card and retail services for HSBC. “Our goal has always been to leverage our expertise in powersports financing so that we can provide Yamaha with financing solutions that help attract new customers and enhance relationships with current ones.”