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Suzuki US and Sheffield Financial Sign Three Year Deal

American Suzuki Motor Corporation and Sheffield Financial, a division of BB&T Financial, have come to terms and expanded their three-year financing services agreement.

Sheffield Financial are strongly devoted to Suzuki as Jack Snow, Sheffield Financial president, explains: "Suzuki was willing to take a chance on us while we were still relatively unknown in the powersports industry. We have never exited an industry that we entered and we don't forget those companies who helped us get to where we are today."

The first contract with Suzuki was signed by Sheffield Financial back in 2008. The new deal covers all expenses regarding installment and financing for motorcycles, scooters, ATVs and UTVs manufactured in the United States of America.

Sheffield has a close relationship with Suzuki’s clientele as well as their dealer network across the US. Suzuki Motor Corporation helped Sheffield to develop and have the largest market gain share among the national powersports lenders.

The finance manager for American Suzuki Motor Corporation, Dirk Gould said: "Sheffield is an innovative lender that can adapt quickly to changes in the marketplace. With the strong financial backing of BB&T, Sheffield was able to maintain a business-as-usual attitude during the recent credit crunch.  Having a lender we know will be there in good times and in bad is one of our main priorities when choosing a financial partner."

Sheffield Financial was founded in 1992 and in this moment they service approximately 30,000 outdoor power equipment, powersports and trailer dealers nationwide. They provide retail financing options for outdoor power equipment, trailers and powersports equipment like snowmobiles, all-terrain vehicles, utility vehicles, personal watercraft and motorcycles in all 50 states.
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