Synchrony Renews Financing Partnership with Polaris
Synchrony (SYF) announced it has renewed its financing partnership with Polaris (PII) including Sportsman all-terrain vehicles and the Polaris RANGER, RZR, XPEDITION, and GENERAL side-by-side vehicles, as well as snowmobiles and Slingshot vehicles. For nearly two decades, Synchrony and Polaris have partnered to provide Polaris buyers with access to customized promotional financing and loan options offered through Polaris' extensive U.S. dealer network. The continued collaboration supports financing for vehicles, parts, accessories, gear, and vehicle service and protection products helping consumers manage the cost of major purchases while enabling dealers to better serve customers. Polaris dealers will continue to collaborate on the development of financing options tailored to the needs of both consumers and dealers. Polaris will also have access to advanced underwriting capabilities through PRISM, Synchrony's differentiated credit decisioning system that uses a holistic approach to assess a consumer's creditworthiness.
