Jennifer Convertibles announced that it has added consumer financing backed by GE Capital Sales Finance, a consumer lending unit of General Electric Company through more than 80 stores nationwide.
“We’re excited to have GE Capital Sales Finance as our financing partner,” said Rami Abada, president of Jennifer Convertibles. “Their experience as a consumer lender and online account management capabilities will enhance the shopping experience for our customers. Partnering with GE Capital is a great addition to our business.”
The credit program will provide Jennifer Convertibles' customers with a range of financing options and benefits for their home furnishing purchases, including affordable monthly payments through deferred interest and extended financing terms, special cardholder promotions, and online account management.
GE Capital Sales Finance is one of the nation’s leading providers of consumer financing, with more than 75 years experience as a retail lender. More than one million businesses rely on GE Capital for their in-store financing programs. It is the leading provider of consumer credit programs for the Furnishings industry, and supports its retail partners with Business Center, an online suite of business and finance program management tools.
“Jennifer Convertibles is one of the leading furniture retailers in the county, so it’s an honor to have them select us for their promotional financing program,” said Paul Boeckman, vice president of Sales, GE Capital Sales Finance. “Our goal is to help them continue to provide the very best consumer experience possible.”
About Jennifer Convertibles: Jennifer Convertibles is the owner of the largest group of sofabed specialty retailers in the United States, with 64 Jennifer Convertibles® stores and is the largest specialty retailer of leather furniture with 8 Jennifer Leather stores. Currently, Jennifer Convertibles owns 72 stores and operates 6 licensed Ashley Furniture HomeStores. For more information, please visit www.jenniferfurniture.com and twitter.com/JenniferConvNY
About GE Capital Sales Finance: Based in Kettering, Ohio, GE Capital’s Sales Finance business is among the country’s oldest and most successful retail lenders, with more than 75 years of experience in consumer financing. The business, which originates loans as a unit of GE Money Bank, 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, appliances and consumer electronics, 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 and twitter.com/GEMoneyUS.
GE Capital is one of the world’s largest providers of credit. For over one million businesses, large and small, GE Capital provides financing to purchase, lease and distribute equipment, as well as capital for real estate and corporate acquisitions, refinancings and restructurings. For our 100+ million consumer customers, GE Capital offers credit cards, retail sales finance programs, home, car and personal loans and credit insurance. For more information, visit gecapital.com or follow company news via Twitter @GECapital.
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, 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, www.gereports.com and twitter.com/ge_reports.