Arkansas Homefurnishings Association Renews Consumer Financing Program With GE Capital Retail Bank

Furniture World News Desk on 4/2/2013

GE Capital Retail Bank and the Arkansas Homefurnishings Association recently announced a multi-year renewal of their consumer credit card program available through member retailers in 16 states. GE Capital Retail Bank provides financial solutions to retailers to help grow their customer sales and will continue to service the account and manage the credit program, which began in 1991.

“For 22 years, GE Capital has been more than a financial services provider, lending their expertise to support our member retailers in achieving greater growth and loyalty with their customers,” said Randy Lann, executive director, Arkansas Homefurnishings Association. “We look forward to continuing our relationship and bringing payment solutions to our members and their customers to make the purchases they need and want for their home.”

The consumer credit program is available through more than 500 Arkansas Homefurnishings Association members across 16 states and provides special benefits and pricing to association members and special financing promotions* on consumer purchases.

“The availability of financing plays a significant role in a home furnishing customer’s decision to purchase from a retailer,” said Jim Seger, general manager, Home Furnishings, GE Capital’s Retail Finance business. “We are pleased to continue working with the Arkansas Homefurnishings Association and its member retailers in offering consumers financing options that satisfy their customers and help build their businesses.”

For 80 years, GE Capital’s Retail Finance business has provided billions of dollars in consumer financing through major retailers and more than 200,000 small- and mid-sized businesses throughout the United States. GE Capital has been a leading provider of consumer credit in the Home Furnishings industry for more than 60 years. The company supports its clients with proprietary online technology such as Business Center, which includes service, marketing and sales tools, as well as Learning Center, providing businesses with access to comprehensive training for their teams on consumer financing.

*Subject to approval.

About the Arkansas Homefurnishings Association: For 80 years, the Arkansas Homefurnishings Association has supported its retail and associate members through advocacy, education, and tools and resources to help furnishings businesses thrive. For more information, visit www.arhomefurnishingsassociation.com.

About GE Capital's Retail Finance business:  GE Capital’s Retail Finance business is among the country’s most successful retail lenders, with 80 years of experience in consumer financing. The business, with its lending entity GE Capital Retail Bank, provides customized credit programs to retailers and consumers in the United States and Canada that help drive sales. This includes private label and bankcard credit programs to major national, regional and independent retailers in the U.S., as well as private label credit programs, promotional and installment lending, bankcards and financial services for consumers through dealers; contractors; manufacturers; healthcare practices; and service providers across nearly 20 industries. More information can be found at www.gogecapital.com and twitter.com/GoGECapital.