The Five Star Advantage special retail financing package now is available to dealers selling Starcraft RV Inc. products, according to Firstar Bank and U.S. Bank, the lenders offering the Five Star Advantage program.
Late last year, Firstar and U.S. Bank, both units of Minneapolis-based U.S. Bancorp, began offering the Five Star Advantage package to dealers selling units built by Jayco Inc., Middlebury, Ind.
Starcraft RV, Topeka, Ind., and Jayco are affiliates. The two corporations are legally distinct but certain people have ownership stakes in both.
“A program that has seen tremendous success just got better now that Jayco has extended this offer to Starcraft RV dealers,” said Chris Renn, vice president and director of national operations in the Recreation Finance Division at U.S. Bank and Firstar. “We are thrilled to bring this successful program to Starcraft RV dealers, who in turn will be able to help more people achieve their RV dreams.”
Highlights of the Five Star Advantage program include: competitive pricing; seasonal dealer programs; a dedicated credit staff; priority service for Jayco and Starcraft RV dealers; dedicated regional sales managers; a national promotional program and a non-prime financial program for credit-challenged customers through a partnership with American Investment Bank (AIB).
The non-prime loan program makes RV ownership available to more customers, particularly those who do not qualify for traditional financing, according U.S. Bank/Firstar. In other words, customers who do not qualify for traditional financing may be approved through the program involving AIB.
AIB is one of only two companies offering non-standard financing for RV purchases.