The credit program will be available exclusively for art purchases made through the gallery, its affiliate locations and auctions throughout the U.S., as well as cruise ship art auctions conducted by Park West at Sea®. Customers can use the card to buy original artwork of all varieties and price ranges through Park West’s various venues.
Through the Park West Gallery Collectors Card, art buyers will benefit from an easy application process, fast credit decisions, flexible financing terms and interest free promotions, and information about special showings and events. In addition, when clients use the card they become a part of the Park West client base, which now numbers nearly one million collectors. Park West conducts special invitation only events and auctions throughout North America. Many feature appearances by world-renowned artists.
“People come to our auctions to truly experience the art,” said Albert Scaglione, owner of Park West Gallery. “Our business is founded on the belief that the entire encounter should be an art form in and of itself. We’re excited to partner with GE Money, whose vast financing experience will only enhance our ability to reach collectors and art lovers around the world.”
The international art world is currently experiencing an increase of new collectors taking advantage of the enduring enjoyment of art collecting. Many more people are beginning to realize how enriching art collecting can be to one’s life. Particularly in today’s world of disposable and obsolete items for consumption, the purchase of a fine work of art, which will never wear out, never stop providing pleasure, can be passed on for generations, and often increase in value is a hard acquisition experience to match. Park West is delighted with the opportunities the Collectors Card will bring to clients to make this experience even more accessible.
“An art gallery is a great place to learn about art, and Park West Gallery has built relationships with artists, dealers, agents and collectors over the last 38 years to be leaders in bringing proper information and extraordinary artwork to collectors all over the world,” said Stephen Roe, vice president of emerging markets for Sales Finance. “We couldn’t be more pleased to collaborate with them to help bring the beauty of art to beginning, seasoned and discriminating collectors alike.”
About Park West Gallery
Park West Gallery® is based in Southfield, Michigan, with an affiliate location in Miami Lakes Florida. Park West Gallery® conducts fine art auctions throughout the United States and Canada. Cruise ship art auctions are conducted by its affiliate company, Park West at Sea®. Founded in 1969, the 63,000 square foot gallery located on 3 ½ acres, houses 23 exhibition galleries. Each of the galleries is devoted to a particular artist or type of art. Every month a collection of more than 1,000 works fills the galleries. The 181,000 square foot location in Florida provides framing, shipping and distribution services and features a new gallery and special events facility. Park West conducts auctions on 75 cruise ships for 8 different cruise lines. Each week, over 6,000 works of art are cataloged, photographed, custom framed and carefully checked and registered before being distributed to locations and cruise ships worldwide to be included in auctions and exhibitions. For more information, visit www.parkwestgallery.com.
About Sales Finance and GE Money
Sales Finance, based in Kettering, Ohio, is part of GE Money, and provides private label credit card programs, marketing, installment lending and financial services for national and regional retailers, dealers and service providers in more than 20 markets including: landscaping, home improvement, recreational vehicles, marine, automotive, powersports, outdoor power equipment, consumer electronics and appliances, furniture, floor covering, jewelry and luxury goods, and various health care disciplines.
With more than $190 billion in assets, GE Money, a unit of General Electric Company (NYSE: GE), is a leading provider of credit services to consumers, retailers and auto dealers in approximately 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com.
GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world’s toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.
