Benzinga | Mar 19, 2021 10:01AM EDT

Scheffield Financial, Kawaski Motors Corp Announce Renewed Multiyear Retail Financing Program Contract

Sheffield Financial, a division of Truist Bank, and Kawasaki Motors Corp., U.S.A. (Kawasaki), recently agreed to a multiyear financing services program agreement.

Since 2009, Sheffield has provided Kawasaki customers with innovative financing solutions through Kawasaki's independent network of powersports dealers.

"Our long-standing relationship with Sheffield has been a winning combination," said Bill Jenkins, Kawasaki senior vice president, Sales & Operations. "Sheffield's superior service and flexible financing solutions, coupled with Kawasaki's industry leading products, such as our very popular Ninja(r) motorcycles, exciting Versys(r) motorcycles, KLX(r) off-road motorcycles, Mule(tm) Side x Sides, groundbreaking Teryx(r) Sport Side x Sides, Brute Force(r) ATV, and Jet Ski(r) personal watercraft, have allowed our customers to 'Let the good times roll(r).' We are excited to continue our relationship in making premium financing programs available to our dealer network through Sheffield."

"Sheffield has a strong commitment to Kawasaki, its dealers and customers. We're thrilled about our continued relationship with Kawasaki, a premier player in the powersports industry, and proud to offer financing solutions to a diverse group of Kawasaki customers," said Jeff McKay, Sheffield Financial CEO and head of point-of-sale lending for Truist.

About Sheffield Financial

Winston-Salem, N.C.- based Sheffield Financial is a division of Truist Bank, Member FDIC, which is a subsidiary of Truist Corporation (NYSE:TFC). Sheffield, which has financed more than $30 billion in loans since its founding in 1992, currently services more than 15,000 outdoor power equipment, power sports and trailer dealers nationwide. The company provides retail financing options in all 50 states for outdoor power equipment, trailers and power sports equipment, such as snowmobiles, all-terrain vehicles, side by side vehicles, motorcycles and personal watercraft. For more information about Sheffield Financial, visit SheffieldFinancial.com.