Evergreen Bank, an Illinois based bank group, has announced they are launching a new division called Performance Finance. This new division will be exclusively focused on providing financing for Polaris motorcycle and Slingshot products. This will include the Indian and Victory lines that Polaris also produces. The new division will be operated out of Reno, Nevada.
Polaris is hoping to gain a competitive advantage by offering in house financing directed towards their product lines. Performance Finance will only be offered in authorized Polaris, Indian, and Victory dealerships and can provide promotions and rates specific to these vehicles. However, Evergreen is a well known Motorsports lender, typically providing financing through its Freedom Road Financial division. Freedom Road will still continue to provide lending throughout the industry.