Home Design Credit Program Available to Champion Customers Nationwide
KETTERING, OH and CINNCINATI, OH. --- May 19, 2010 --- GE Money, the consumer lending Unit of General Electric Company (NYSE:GE - News), and Champion Windows today announced a multi-year agreement to offer consumer financing. The GE Money Home DesignSM program enables homeowners to finance purchases from Champions' line of products, including vinyl replacement windows, entry doors, patio rooms and siding. The program is managed by GE Money's Sales Finance Unit, which provides billions of dollars of consumer financing through more than 145,000 small and medium businesses on Main Streets across the United States.
"We are pleased to partner with GE Money and are excited about the possibilities this program offers our customers," said Donald R. Jones, president and COO for Champion. "Our products meet a variety of styles and needs, and now we can offer homeowners a choice of payment solutions that meet their budgetary considerations as well." Consumers can find a Champion factory showroom in their area via GE Money's online Business Locator.
In addition to offering the Home Design program, Champion will have access to GE Money's Web-based finance management portal, Business Center. Business Center provides Champion with an easy, secure way to manage their credit programs and better serve their customers. Thousands of businesses use GE Money's Business Center to securely access all the sales, operational, marketing and training tools they need at the click of a button. Convenient online account management is also available for cardholders.
"Many home improvement projects such as replacing doors and windows involve financing, so having a flexible payment program is a key part of any service offering," said Bruce Christensen, vice president and general manager, Home Improvement, GE Money -- Sales Finance. "Champion Windows is focused on innovation, energy efficiency and the total customer experience and we're proud to be a part of their future growth plans."
About Champion Window and Patio Room Company, Inc.
Started in 1953, Champion Window and Patio Room Company builds and installs more vinyl replacement windows, entry doors, patio rooms and siding than any other company in the United States. Over 40,000 homeowners join the ranks of customers on an annual basis. The company operates factories in Cincinnati, OH and Denver, CO. Champion's control over every aspect of manufacturing, distribution, installation and servicing, removes all customer concerns about who is responsible for their home improvement project. This makes choosing Champion the easiest decision in home improvement. More information about their products and services is at www.championfactorydirect.com and twitter.com/ChampionWindows.
About GE Money
GE Money's Sales Finance Unit, based in Kettering, Ohio, is a part of General Electric Company's GE Capital division, (NYSE: GE), which has extended more than $146 billion of credit to some 50 million consumers in the U.S. since January 2008. Visit GE Capital: Advertising to learn more about GE Capital's role in the American renewal.
GE Money provides credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in nearly 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment and sporting goods. More information can be found at www.gemoney.com, twitter.com/GEMoneyUS, www.gecapital.com and twitter.com/gecapital.
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, health care solutions, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com, www.gereports.com and twitter.com/ge_reports.
Cristy Williams
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678.518.2596