Toro, Sheffield sign installment financing services agreement
The Toro Co. signed a three-year installment financing services agreement with Clemmons, N.C.-based Sheffield Financial.
The Toro Company supports a variety of customer financing options and has agreed to endorse Sheffield as an exclusive provider of installment financing programs for its Toro and Exmark residential and contractor brands of outdoor power equipment sold by Toro and Exmark dealers throughout the United States.
"Toro is a market leader of innovative consumer and commercial lawnmowers and other lawn equipment," said Jack Snow, Sheffield Financial president. "Sheffield's market share in outdoor power equipment continues to grow, and we are extremely pleased to collaborate with Toro in offering innovative financing products to its customers."
Sheffield, a division of BB&T FInancian, has specialized in the outdoor power equipment industry for its entire 20-year history.