KETTERING, Ohio -- January 26, 2009 -- GE Money, a division of GE Capital, and American Suzuki Mortor Corporation today announced a multi-year agreement to provide consumer financing for its motorcycles, all terrain vehicles and scooters. The Suzuki Installment Finance program, managed by GE Money's Sales Finance unit, offers consumers an easy, convenient way to finance Suzuki powersports products.
"Working with GE Money to provide a comprehensive installment loan financing program is a vital part of our growth and customer satisfaction strategy," said Dirk Gould, sales support and finance manager for American Suzuki. "GE Money's long-held reputation of excellence complements our commitment to our dealers and consumers. We are pleased to work with them in offering such a convenient, cost effective powersports financing program."
Consumers can apply for and use the credit program through more than 1,000 authorized Suzuki dealers in the U.S. GE Money's Internet-based finance management system, AdvanceDesksm, provides Suzuki dealers an easy, secure way to manage their retail finance program, including online application processing, contract preparation and sales reporting. The program offers consumers a simple application process, fast credit decisions and special financing offers.
"Suzuki owners can take advantage of a financing program created specifically for Powersports, making budgeting and paying for these purchases easier and more convenient than ever before," said Greg Pierce, vice president and general manager of Powersports, GE Money -- Sales Finance.
About American Suzuki
The Motorcycle/ATV Division of American Suzuki Motor Corporation (ASMC), Brea, Calif., was founded in 1963 by Suzuki Motor Corporation (SMC). ASMC markets motorcycles and ATVs via an extensive dealer network throughout 49 states. ASMC's parent company, Suzuki Motor Corporation, based in Hamamatsu, Japan, is a diversified worldwide manufacturer of motorcycles, ATVs, scooters, automobiles and marine engines. Founded in 1909 and incorporated in 1920, it has 120 distributors in 191 countries.
About GE Money
GE Money, a unit of General Electric Company, (NYSE: GE) offers a range of financial products, including private label credit cards, personal loans, and bankcards. More information can be found at www.gemoney.com. GE Money's Sales Finance unit, based in Kettering, Ohio, provides private label 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.
GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit the company's Web site at www.ge.com.
Cristy Williams
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678.518.2596