GE Money and CCA Global Partners Launch New Consumer Financing Program

Posted: 07/07/2010 In Category: General Non-profit / Association

Industry News Release Written By: CCA Global

CCA Global Partners Designs New Credit Program to Strengthen Competitive Advantanges for Flooring, Lighting, Biking and Fitness Members

KETTERING, OH and MANCHESTER, NH — GE Money, the consumer lending unit of General Electric Company (NYSE:GE - News), today announced that CCA Global Partners will offer its consumer financing program through GE Money’s Sales Finance business. Beginning immediately, the GE Money Home DesignSM program will be available through Carpet One, Flooring America, FEI Group, Floor Trader, Georgia Carpet, International Design Guild (IDG), ProSource, Stone Mountain, Lighting One, CCA Bike Cooperative, and CCA Fitness Retail Services retailers nationwide.

“CCA Global Partners is excited to enter into this relationship with GE Money,” said Bill Wissler, vice president of national programs for CCA Global Partners. “Consumer financing is an integral part of any successful retailer’s marketing strategy to increase sales and take market share, so we’re pleased to provide this new service to our members.”

Consumers can find CCA Global members who offer GE Money financing in their local markets via GE Money’s online Business Locator. In addition to offering the financing programs, CCA Global members will have access to GE Money’s Web-based finance management portal, Business Center. Business Center provides an easy, secure way to manage credit programs and better serve 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, as well as special financing offers.

“GE Money provides billions of dollars of consumer financing through more than 145,000 small and medium businesses on Main Streets across the United States,” said Jim Seger, vice president of sales for GE Money. “We look forward to working closely with CCA Global’s retail divisions to deliver simple and easy financing solutions as well as sales and marketing initiatives that support the organization’s overall growth strategy.”

About CCA Global Partners
CCA Global Partners is one of the largest privately held companies in the United States. For nearly a quarter of a century, CCA Global has partnered with entrepreneurial retailers to create a cooperative retail powerhouse unmatched in the marketplace. With 15 independent business brands and more than 3,800 locations, CCA Global Partners is well positioned to positively impact the success of independent businesses. For more information on CCA Global Partners, go to www.ccaglobal.com.

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. 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 or www.gereports.com.

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