Sheffield Financial and The Toro Company sign exclusive installment financing services agreement

Sheffield Financial and The Toro Company sign exclusive installment financing
                              services agreement

PR Newswire

CLEMMONS, N.C., Nov. 1, 2012

CLEMMONS, N.C., Nov. 1, 2012 /PRNewswire/ -- Sheffield Financial, a division
of BB&T Financial, FSB, which is a subsidiary of BB&T Corporation (NYSE: BBT),
has signed a three-year installment financing services agreement with The Toro
Company (NYSE: TTC), effective immediately.

The Toro Company supports a variety of customer financing options and has
agreed to endorse Sheffield as an exclusive provider of installment financing
programs for its Toro and Exmark residential and contractor brands of outdoor
power equipment sold by Toro and Exmark dealers throughout the U.S.

"Toro is a market leader of innovative consumer and commercial lawnmowers and
other lawn equipment," said Jack Snow, Sheffield Financial president.
"Sheffield's market share in outdoor power equipment continues to grow, and we
are extremely pleased to collaborate with Toro in offering innovative
financing products to its customers."

This agreement is evidence of Sheffield's commitment to the outdoor power
equipment industry and of the confidence manufacturers have placed in
Sheffield to take care of their customers. Sheffield has specialized in the
outdoor power equipment industry for its entire 20-year history.

Sheffield, founded in 1992 and acquired by BB&T in 1997, is well acquainted
with Toro's customer base and dealer network. The company has financed Exmark
products since 1998 and Toro-branded products since 2010.

"Toro and Exmark support both revolving and installment finance programs to
our dealer networks. Sheffield has worked hard to earn our installment
financing business and provides excellent customer service in this space,"
said Michael Happe, group vice president, Residential and Contractor
Businesses.

About Sheffield Financial
Clemmons, N.C.-based Sheffield Financial is a division of BB&T Financial, FSB,
which is a subsidiary of BB&T Corporation (NYSE: BBT). Sheffield, which has
financed more than $7 billion in loans since its founding in 1992, currently
services more than 30,000 outdoor power equipment, power sports and trailer
dealers nationwide. The company provides retail financing options in all 50
states for outdoor power equipment, trailers and power sports equipment such
as snowmobiles, all-terrain vehicles, utility vehicles and motorcycles. For
more information about Sheffield Financial, visit www.sheffieldfinancial.com.

About The Toro Company
The Toro Company is a leading worldwide provider of turf and landscape
maintenance equipment, and irrigation solutions. With sales of nearly $1.9
billion in fiscal 2011, Toro's global presence extends to more than 90
countries through its reputation of world-class service, innovation and turf
expertise. Since 1914, the company has built a tradition of excellence around
a number of strong brands to help customers care for golf courses, sports
fields, public green spaces, commercial and residential properties, and
agricultural fields. More information is available at www.toro.com.

SOURCE Sheffield Financial

Website: http://www.sheffieldfinancial.com
Contact: Anne Osborne, Vice President, Sheffield Financial, +1-336-766-1388,
Anne@SheffieldFinancial.com; Merrie Betbeze Tolbert, Vice President, BB&T
Corporate Communications, +1-336-733-1475, MTolbert@BBandT.com