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.
About Truist
Truist Financial Corporation (NYSE:
TFC) is a purpose-driven financial services company committed to
inspiring and building better lives and communities. As a leading
U.S. commercial bank, Truist has leading market share in many of
the high-growth markets across the country. Truist offers a wide
range of products and services through our wholesale and consumer
businesses, including consumer and small business banking,
commercial banking, corporate and investment banking, wealth
management, payments, and specialized lending businesses.
Headquartered in Charlotte, North
Carolina, Truist is a top-10 commercial bank with total
assets of $531 billion as of
Dec. 31, 2024. Truist Bank, Member
FDIC. Learn more at Truist.com.
About Scarab
Scarab specializes in high-performance jet-powered boats, offering
a range of models from 16 to 28 feet designed for both fun and
adventure on the water. Powered by Rotax® engines, Scarab boats
offer powerful acceleration, superior maneuverability, and
innovative features for watersports, fishing, and recreational
boating. Scarab jet boats are known for their sleek design and
cutting-edge technology, making them a top choice for boating
enthusiast as the Outperformer.
Scarab jet boats is a boat brand within Groupe Beneteau, a world
leader in the marine industry with more than 135 models of pleasure
craft to meet the diverse needs and sailing projects of its
customers, whether sailing or motoring, monohull or catamaran.
For more information, visit: www.scarabjetboats.com/.
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SOURCE Sheffield Financial
