Arctic Cat Widens Consumer Financing Programs

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Arctic Cat dealers can offer customers installment and revolving credit programs when they purchase a vehicle, thanks to a deal between the OEM and GE Money?s Sales Financing Unit.

The new financing programs will enable dealers to offer special terms, including seasonal promotions, to generate sales momentum. The new program, called Arctic Cat Financing, also promises fast credit decisions, simplified paperwork and Web-based financing management tools.

The revolving credit program uses the new Cat Card credit card.

Arctic Cat also offers financing through Sheffield Financial LLC. The deal with GE Money "balances out the financing that Sheffield can't provide," said Kale Wainer, spokesperson for Arctic Cat. GE Money offers credit programs for a wider variety of buyers, Wainer noted.