Polaris, GE to Launch New Financing Program
March 17, 2006
Filed under Uncategorized
Polaris and GE Consumer Finance's Retail Sales Finance division agreed on a new, multi-year partnership that will provide Polaris customers with installment financing primarily for Victory motorcycles.
The Polaris Installment Financing Program will launch nationwide April 1 to the Polaris network of 1,500 independent dealers. The new program will provide a variety of financing options for Polaris dealers and include seasonal promotions.
The new financing program complements GE's existing relationship with Polaris, which includes inventory financing and warranty services.
Dealers in the past have worked with HSBC financing for Polaris product. Dealers can continue to use HSBC financing for all of Polaris' other products.
“Installment financing is a great tool in the powersports business, and we want to offer our customers the best financing options available,” said Mike Malone, vice president- Finance, chief financial officer and secretary of Polaris.