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News

GE money & GE home security combine credit and safety solutions for residential protection

AZDEL : 30 August, 2007  (Company News)
A safe home environment is essential, and GE Money's Retail Sales Finance unit and GE Home Security have joined together to make it easier for consumers to protect their property.
A safe home environment is essential, and GE Money's Retail Sales Finance unit and GE Home Security have joined together to make it easier for consumers to protect their property.

The two GE business units today announced a multi-year agreement to provide revolving consumer credit through dealers who sell home security products and technology manufactured by GE Security. The GE Connected Home Finance credit program will be available for residential products, including basic alarm systems and smoke detectors to remote look-in video capabilities and completely wireless system connections.

'This financing program helps make it affordable and easy for home owners to not compromise the security of one of their greatest investments,' said Gary Slagle, vice president of GE Money's Home Utility division. 'We are proud to have this opportunity to work with another GE division and to support their dealers in extending financing to their customers that safeguards their home.'

'Our dealers will see this financing solution as a valuable tool for their business growth and their customers,' said Jeff Wilson, vertical market manager of GE Security. 'Home security technology continues to evolve and we needed a credit program to keep pace with these changes and our customers' requirements. GE's strong reputation in consumer financing, combined with the range of payment options, makes this a great collaboration.'

The GE Connected Home Finance credit program will include dealers marketing support, special promotional financing options, quick and easy application and sales processes, and competitive rates. GE Security dealers can apply for the GE Connected Home Finance credit program through their GE Security representative. GE Money will service the credit card program from its Rapid City, S.D., facility.
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