Altoz, a Greenbush, Minn.-based manufacturer of high-performance commercial zero-turn mowers, announced on Dec. 2 a partnership with Sheffield Financial, a division of Branch Banking & Trust, to provide specialized financing programs for commercial operations. To kick off the new program, Altoz and Sheffield are offering commercial cutters a special promotional program that features no interest until June 1, 2015, and no payments until July 1, 2015. Thereafter, interest is only 1.99 percent for 48 months.
“The finance program being offered by Sheffield and Altoz provides a cost-effective way for commercial users to finance the purchase of a new Altoz product,” said Dennis Brazier, Altoz chief executive officer. “Our current retail financing program has been very well received, and we believe this new commercial financing option is the ideal complement to that package.”
“Sheffield has consistently provided excellent financing programs and service to our customers,” added Sheffield Financial President Jack Snow. “Keeping with the Sheffield tradition, we are pleased to announce a great promotion for our commercial customers. Buy your Altoz today with no interest until June 1, 2015, and no payments until July 1, 2015. Thereafter, interest is only 1.99 percent for 48 months. If you choose, you can pay the balance prior to June 1 and with no interest or penalties.”
With its recent launch of the all-new XE series at GIE+EXPO Oct. 22-24 in Louisville, Ky., Altoz has formally entered the largest segment of the market, producing a high-performance series of zero-turn mowers for discerning, multi-acre homeowners and smaller commercial operations. Through the strategic partnership with Sheffield, both residential and commercial users will have the opportunity to take advantage of financing options only available to Altoz purchasers.