Consumer Financing Available at Dealers Nationwide
ST. PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and Arctic Cat, one of the world's leading manufacturers of snowmobiles and all-terrain vehicles (ATVs), today announced a new consumer financing agreement, beginning April 9.
STAMFORD, Conn.--(BUSINESS WIRE)--Furthering its growth strategy in Latin America, GE Money, the consumer lending unit of General Electric Company (NYSE:GE), today announced that it would acquire a minority position in Banco Colpatria - Red Multibanca Colpatria S.A., a consumer and commercial bank based in Bogotá, Colombia. GE Money will acquire a 39.3 percent stake in Red Multibanca Colpatria in two installments, with options to acquire up to an additional 25 percent stake from Mercantil Colpatria S.A. by 2012.
business unit
tags
KETTERING, Ohio--(BUSINESS WIRE)--GE Money's Sales Finance unit and Mohawk Industries, one of the nation's leading flooring and carpet manufacturers, have announced the signing of a new multi-year agreement to extend the Mohawk Consumer Finance Program for flooring retailers across the country.
The program was introduced in 1995 and is available through more than 4,000 flooring retailers nationwide today.
ST. PAUL, Minn.--(BUSINESS WIRE)--Hard-working tractors like KIOTI need a hard-working financing program. That's why Daedong-USA selected GE Money's Sales Finance unit as its new consumer finance partner.
Under the five-year agreement, GE Money will support the new KIOTI Finance program through more than 300 dealers nationwide. Effective this month, approved customers can finance a new KIOTI tractor using the KIOTI private label credit card or with an installment loan backed by GE Money.
ST. PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit has renewed its agreement with Lennox International Inc.(LII), a global leader in the air conditioning, heating and refrigeration markets, to provide consumer financing through LII air conditioning and heating dealers and contractors across the United States and Canada.
ST PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and Bath and Kitchen Buying Group, the industry's only member-owned buying group, today announced a new relationship to provide private label revolving and installment credit options through GE's REFINEDesign and PROJECTLOANSM programs. This multi-year partnership recently launched nationwide to the BKBG network of 200 independent dealers.
RIVERSIDE, Calif.--(BUSINESS WIRE)--GE Money's Sales Finance unit today announced a new multi-year agreement for consumer financing with C-Thru Industries. GE's PROJECTLINE PlusSM and PROJECTLOANSM programs will be available to homeowners for the purchase of C-Thru's line of outdoor living spaces, including sunrooms, conservatories and patio enclosures.
STAMFORD, Conn.--(BUSINESS WIRE)--BAC-Credomatic Holding Co. Ltd. (BAC) and GE Money, the consumer lending unit of General Electric Company (NYSE:GE), today announced that their Central American joint venture would acquire 99.9 percent of Banco Mercantil S.A. (BAMER), a privately held bank based in Honduras. BAC and GE Money entered into a joint venture in 2005 to help both companies accelerate growth in the region. The transaction, which requires regulatory approvals, is expected to close in the next few months. The terms were not disclosed.
ST. PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and Dixie Homecrafters, one of the fast-growing home improvement companies in America, today announced they have signed a five-year extension of their agreement to provide consumer financing.
Dixie Homecrafters, based in Chamblee, Ga., is the nation's second-largest home improvement company, selling and installing windows, siding, soffits and trim, and gutters for more than 17 years throughout the south.
University's proceeds to support alumni association programs
STAMFORD, Conn.--(BUSINESS WIRE)--Northwestern University, recognized as one of the world's top-ranked institutions of higher learning, has selected GE Money, the consumer lending unit of General Electric Company (NYSE:GE), to provide an affinity credit card product to the university's alumni.
