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GE Money Continues to be an Active Provider of Consumer Finance


GE Money, Sales Finance continues to be one of the most active providers of consumer financing to retailers big and small across the United States. Heading into the traditional holiday shopping season, Sales Finance has added a number of new programs and announced renewed or expanded relationships with many long-term partners, representing more than 30,000 business locations nationwide.

Over the past month, Sales Finance announced new agreements including:

  • Edwin Watts Golf – Launched last week, the Edwin Watts and GE Money Sport Finance program can be used at any of the company’s 70-plus domestic retail locations, and will be available for catalog and online purchases in 2010.
  • The Tile Shop – The Tile Shop revolving credit card is part of the GE Money Home DesignSM program and can be used for the purchase of tile, supplies, tools, rentals, and installation and maintenance services.
  • Oreck – The Oreck Power Card is available through 450 Oreck Clean Home Centers, as well as through its online store for the purchase of homecare items, including a variety of vacuum, air purification and other cleaning products.
  • 1-800-Mattress – 1-800-Mattress offers products from most major manufacturers and has served more than two million customers over the past 30 years.
  • Fender Musical Instruments – The Fender program is a manufacturer-sponsored agreement, rolling out to Fender's 3,000 dealer locations in mid-December.

Extensions have also been completed with a number of partners including:

  • Husqvarna – Since 2004, consumers have used the Husqvarna financing program to purchase outdoor power products for forestry, lawn and garden care.
  • Bassett Furniture – Over the past century, Bassett Furniture has grown to some 130 stores, offering a range of home furnishings and accessories. The Bassett Furniture Credit program has provided consumers with flexible payment options since 1998.
  • KTM Power Sports – Established in 2002, the KTM installment-financing program is offered through more than 375 dealers across the U.S.
  • Steinhafel’s Furniture – Originally formed in 2004, GE Money recently extended the Steinhafel’s Furniture Card program with this leading Wisconsin-based furniture retailer.
  • Bernina – Considered to be the premier manufacturer of sewing and embroidery systems, sergers and embroidery software, Bernina products are sold in the U.S. through a network of more than 500 dealerships. The financing program has been in place since 2002.
  • Pep Boys – One of the leading sellers of replacement tires in the U.S., Pep Boys has more than 570 retail stores, offering full-service vehicle maintenance and repair capabilities and payment options through the Pep Boys Credit Card program, which launched in 1996.

“Sales Finance has been meeting the financing needs of consumers and Main Street retailers for decades, enabling businesses to offer installment and promotional financing to their customers. Since announcing the launch of our Web-based finance management portal GE Money Business Center in July, we’ve signed and announced an array of new sales financing agreements with more than one dozen small- to larger-sized independent businesses,” said Glenn Marino, Sales Finance’s president and CEO. “Today, we proudly provide consumer financing through more than 145,000 small to medium sized business locations retail locations across the United States.




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