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WINSTON-SALEM, N.C., Jan. 21, 2025 /PRNewswire/ -- Sheffield Financial, a division of Truist Bank and a leader in fast, flexible retail financing, is excited to announce a new national partnership with Scarab, a premier manufacturer of high-performance jet-powered boats. This collaboration will offer Scarab customers streamlined, competitive financing options through authorized dealers across the U.S.
The partnership combines Sheffield's 32 years of expertise in consumer financing with Scarab's cutting-edge jet boats and extensive nationwide dealer network to enhance the boat buying experience. With Sheffield's advanced prequalification technology, customers can quickly see if they prequalify for financing with no impact on their credit score, creating a seamless purchasing process for first-time and experienced buyers alike.
"We're excited to partner with Scarab and help more people experience the thrill of owning one of their high-performance boats," said Susan Andersson, head of national accounts at Sheffield Financial. "This national partnership will give Scarab customers the ability to access simple, fast and competitive financing options that match the high-performance of the boats themselves."
"Scarab is delighted to announce a strategic relationship with Sheffield Financial as our retail lending partner for our U.S. dealer distribution network," said Don Smith, brand director at Scarab jet boats. "This partnership will benefit both the Scarab dealer and the jet boat buyer with competitive retail financing offers for the U.S. market."
Through this partnership, Scarab dealers and customers will benefit from Sheffield's innovative tools, including mobile-friendly online prequalification, simple online loan contracting and competitive financing terms that simplify the financing process. These tools will be integrated across marketing platforms, including dealer websites, social media, emails and more, creating a seamless and efficient way for customers to finance their dream boat.
About Sheffield Financial
Sheffield Financial, a division of Truist Bank, Member FDIC, is a trusted leader in providing simple, easy and fast installment financing to the marine, powersports, compact tractor, outdoor power equipment, and trailer industries. Founded 32 years ago, Sheffield Financial has grown into a powerhouse serving hundreds of leading brands and financing millions of customers across the USA. Backed by Truist Bank, one of the largest financial service holding companies in the USA, Sheffield Financial offers innovative financial options, friendly service and simple, easy and fast retail financing to help manufacturers and dealers drive more retail sales. Learn more at SheffieldFinancial.com.