STAMFORD, Conn., Oct. 16, 2019 /PRNewswire/ -- Synchrony (NYSE:
SYF), a premier consumer financial services company, today
announced it has renewed a multi-year financing agreement with
Polaris Inc., a leading manufacturer of off-road vehicles,
including Sportsman all-terrain vehicles and the Polaris RANGER,
RZR and GENERAL side-by-side vehicles, snowmobiles, motorcycles,
and boats.
For more than 13 years, Synchrony and Polaris have partnered to
provide Polaris buyers access to special financing options and
customized promotional installment loan offers through Polaris's
widespread U.S. dealer network.
"We are committed to providing Polaris dealers with flexible
financing offers, leading technology, and innovative products to
help them run their business more efficiently," said Neeraj Mehta, chief executive officer, Payment
Solutions." Polaris is a long-standing partner with a reputation of
innovative design and quality manufacturing."
Synchrony's proprietary Business Center technology enables
Polaris dealers to efficiently manage consumer credit applications,
decisions and contract preparation and provides real-time program
insights to help them manage their installment loan
applications.
"We value the credit and customer experience expertise provided
by the Synchrony team and appreciate their continued partnership in
supporting our dealer network," said Mike
Speetzen, executive vice president and chief financial
officer, Polaris Inc.
About Synchrony
Synchrony (NYSE: SYF) is a
premier consumer financial services company delivering customized
financing programs across key industries including retail, health,
auto, travel and home, along with award-winning consumer banking
products. With more than $140 billion
in sales financed and 80.3 million active accounts, Synchrony
brings deep industry expertise, actionable data insights,
innovative solutions and differentiated digital experiences to
improve the success of every business we serve and the quality of
each life we touch. More information can be found at
http://www.synchrony.com and through Twitter: @Synchrony.
CONTACT: Sarrah Aper,
312-409-6154, sarrahfarrah.aper@syf.com
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SOURCE Synchrony