According to a recent announcement, as of May 1 applications received by FreedomRoad Financial and Sheffield Financial, Triumph’s preferred lending partners, are eligible for extended approval commitments for new and used Triumph bike buyers from 30 days to 60 days and 59 days respectively for a limited period of time.
Triumph dealers nationwide are experiencing unprecedented high demand for new motorcycles, which has presented inventory challenges. As Triumph works hard to fill this consumer demand, the extension of approval commitments and rates from prime lenders like FreedomRoad Financial and Sheffield Financial will allow dealers to retain potential customers as new units arrive.
“This adjustment to our lending options shows the commitment which Triumph, and its partners, have to dealer success. We have been observing and reacting to a variety of variables to meet the needs of our dealers and customers during this unique circumstance,” said Triumph America CFO Don Carleo in the announcement. “We are glad to work with such great financial partners who are willing to do what is best for the industry and our dealers right now.”