Yamaha and HSBC renew revolving financing contract
CYPRESS, Calif. – Yamaha Motor Corp., U.S.A., and HSBC Finance Corp.’s card and retail services business have signed a new seven-year agreement that extends their relationship through 2015, Yamaha reported in a recent release.
HSBC provides revolving financing through the Yamaha Card program for customers who purchase Yamaha outboard engines, motorcycles, scooters, ATVs, Side-by-Side utility vehicles, snowmobiles, personal watercraft, boats, golf cars, generators, accessories and apparel.
“We are pleased to make this announcement,” said Ian Harper, General Manager of Yamaha’s Financial Services Division. “HSBC has provided revolving financing for Yamaha’s customers since 1994, and, thanks to the concerted efforts of our Retail Finance team, we can look forward to continuing this mutually beneficial relationship through 2015.”
“We are pleased to continue our successful 14-year partnership with Yamaha,” said Patrick Burke, senior executive vice president and chief operating officer, card and retail services, for HSBC. “Our goal has always been to leverage our expertise in powersports financing so that we can provide Yamaha with financing solutions that help attract new customers and enhance relationships with current ones.”
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