27 July 2009
GE Money Signs Agreement with Rooms To Go in Puerto Rico
Sales Finance unit to provide consumer financing to leading Caribbean retailer
GE Money and Rooms To Go - Puerto Rico today announced a multi-year agreement to provide consumer financing through the home furnishing retailer’s six locations on the island.
The Rooms To Go Credit Card, issued through GE Money’s Sales Finance unit, provides flexible financing promotions and extended terms, including no-interest periods of up to 60 months.
“The Rooms To Go Card backed by GE Money provides everything our customers need in a financing program,” said Bryan Shames, president of Rooms To Go in Puerto Rico. “GE Money has a proven track record of great customer service, both to the consumer and to their retail partners. They provide the kind of flexible financing solutions that make it easy for customers to get the furniture they want at terms they can afford.”
Rooms To Go has four showrooms in Puerto Rico and two Rooms To Go Kids locations. The company is affiliated with Rooms To Go U.S., which is in the seventh year of its credit program with GE Money.
Rooms To Go in Puerto Rico offers a full range of name-brand furniture for the whole house, mattresses and accessories.
“We’ve had a great relationship with Rooms To Go in the U.S., and we’re excited to partner with Rooms To Go Puerto Rico,” said Paul Schell, general manager, GE Money – Sales Finance. “Rooms To Go is the leading furniture retailer in Puerto Rico. Adding a strong consumer financing program will only strengthen their position in the marketplace.”
The new Rooms To Go Card program is now available to qualified customers at all six Rooms To Go and Rooms To Go Kids locations in Puerto Rico.
About Rooms To Go in Puerto Rico
Founded in 1991, Rooms To Go is the Americas’ number one independent furniture company with the nation’s largest furniture inventory and has more than 100 stores in the United States and Puerto Rico. Rooms To Go opened its first store in Puerto Rico in 1999, and will expand to four stores located in Mayaguez, Ponce and Manati in 2009.
Rooms To Go is one of the largest vertically integrated textile home furnishings company. Its products include living room furniture, bed room furniture, dining room furniture, sofas, mattresses, home entertainment and other accessories in a variety of styles and room settings, including contemporary, country, modern, traditional and transitional. The company’s U.S. headquarters is in Seffner, Florida and the Puerto Rican headquarters is in San Juan.
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,
www.gecapital.com and
twitter.com/gecapitalnews.
GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit
www.ge.com,
www.gereports.com and
twitter.com/ge_reports.
