2 GE Business Units Join Forces, Offer Special Financial Program

SAINT PAUL, Minn.
Published: August 24, 2006

GE Home Security and GE Money’s retail sales finance unit have joined forces to provide revolving consumer credit through dealers who sell home security systems and other technologies manufactured under the GE umbrella. The multiyear agreement includes basic alarm systems, smoke detectors and remote video that rely on both wired and wireless media.

“This financing program helps make it affordable and easy for homeowners to not compromise the security of one of their greatest investments,” says 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.”

The GE Connected Home Finance credit program will include marketing support, special promotional financing options, quick and easy application and sales processes, and competitive rates.

“Our dealers will see this financing solution as a valuable tool for their business growth and their customers,” says Jeff Wilson, vertical market manager for 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.”

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GE Security dealers may apply for the special GE Connected Home Finance credit program through their GE Security rep.

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series