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Sheffield Financial, Suzuki Marine Agree to Financing Services Program

September 29, 2021, 07:07 AM
Filed Under: Program Agreements

Sheffield Financial, a division of Truist Bank, and Suzuki Marine USA LLC recently agreed to a financing services program agreement. Suzuki Marine offers a wide array of outboard motors, including the industry's largest all-four-stroke lineup.

The agreement allows Sheffield to provide lending services to Suzuki Marine customers through the Suzuki Marine dealer network. The contract covers installment financing for Suzuki outboard motors and boat packages, which include Suzuki engines.

"We know just how important it is to offer our customers retail financing options to go along with our line of Ultimate Outboard Motors," said George "Gus" Blakely, executive vice president, sale and service for Suzuki Marine. "This is particularly true in today's market, when so many new people are getting into boating for the first time. We want to keep our customers in the boating lifestyle and in the Suzuki family for many years to come — and providing the right financing is an important part of making this happen. This is why we're excited to be working with Sheffield Financial."

"Sheffield has partnered with Suzuki Powersports since 2008, offering retail financing to their dealers, and is now delighted to provide competitive financing solutions for Suzuki Marine dealers and their customers in the U.S. Suzuki's high-quality boat engines and Sheffield's industry-leading customer service is a winning combination," said Jeff McKay, Sheffield Financial CEO and head of point of sales lending for Truist.

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