Citi Retail Services and BRP Announce New Financial Services Agreement
January 10 2017 - 4:00PM
Business Wire
Citi Retail Services announced today it has signed a long-term
financing services agreement with BRP, a global leader in the
design, development, manufacturing, distribution, and marketing of
powersports vehicles. This new relationship will leverage Citi
Retail Services’ experience as a trusted organization in providing
private label credit card services to help BRP expand its retail
services for customers.
During the term of the agreement, Citi Retail Services will
provide a consumer revolving credit card program to finance the
purchase of BRP’s powersports vehicles and other related products
and services.
“Citi Retail Services is always seeking strategic partnerships
with premium brands such as BRP that have the opportunity to expand
high-quality retail offerings to customers,” said Craig Vallorano,
Head of Citi Retail Services. “We look forward to the start of a
great new relationship with BRP and are excited about the
opportunity to help support their growth and position as an
industry leader.”
Citi Retail Services’ new partnership with BRP will include
support for a new online dealer portal, which will provide
authorized BRP dealers with an easily accessible, streamlined
experience for new applications and transactions. Additionally,
authorized BRP dealers will have access to expertise and
market-leading solutions for providing information to cardholders
on all the latest offerings and services.
“Our agreement with Citi Retail Services will give consumers
even more options when purchasing BRP products across our Ski-Doo,
Sea-Doo and Can-Am brands,” said Bernard Guy, Vice-President,
Regional General Manager, North America. “We believe that this
agreement improves the value proposition we offer our North
American dealers and further supports both dealer and BRP
growth.”
About Citi
Citi, the leading global bank, has approximately 200 million
customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments
and institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and
investment banking, securities brokerage, transaction services, and
wealth management.
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version on businesswire.com: http://www.businesswire.com/news/home/20170110006274/en/
MediaCitiDeirdre Leahy, 212-559-3296deirdre.leahy@citi.com
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