GE Money and United Building Centers Launch Consumer Credit Program
REVOLVING & INSTALLMENT FINANCING IN TIME FOR NATIONAL REMODELING MONTH
ST PAUL, MINN. -- March 28, 2007 – In time for National Remodeling Month in May, GE Money’s Sales Finance unit and United Building Centers (UBC), a national supplier to builders, contractors and project-oriented consumers, today announced a new multi-year relationship to provide consumer financing through GE Money’s PROJECTLINE SM program for purchasing UBC’s wide variety of building materials and home improvement products.
REVOLVING & INSTALLMENT FINANCING IN TIME FOR NATIONAL REMODELING MONTH
ST PAUL, MINN. -- March 28, 2007 – In time for National Remodeling Month in May, GE Money’s Sales Finance unit and United Building Centers (UBC), a national supplier to builders, contractors and project-oriented consumers, today announced a new multi-year relationship to provide consumer financing through GE Money’s PROJECTLINE SM program for purchasing UBC’s wide variety of building materials and home improvement products.
“Over the past 152 years, we’ve continually grown our business by evolving as the needs of commercial and residential consumers change,” said Dale Kukowski, President of UBC. “This partnership with GE Money – Sales Finance is another example of our commitment to bring valuable tools to our customers.”
The credit program is now available through UBC’s 172 centers in the Midwest and Rocky Mountain states and offers both installment and revolving credit options with a quick, easy application and sales process with competitive rates and promotions.
“As the new housing boom slows, more homeowners are making improvements to their existing homes, either as a do-it-yourself project or by working with a remodeler,” said Bruce Christensen, vice president and general manager, Home Improvement industry, GE Money – Sales Finance. “We’re excited to add our financing services expertise to United Building Center’s long and prominent history in providing exceptional products, making these types of projects even more affordable and convenient for consumers.”
Over the past 15 years, GE Money’s Home Improvement division has been an industry leader, providing more than $13 billion in home improvement financing to nearly half a million homeowners.
About United Building Centers
United Building Centers began in 1855 as a single raft-load of lumber floating down the Mississippi River. Through years of growth and acquisitions, UBC has become known as a source of quality products and services strategically placed across the country, including 172 centers in the Midwest and Rocky Mountain states, 8 distribution centers, 10 millwork plants, 53 installing centers, 2 concrete plants, 14 truss manufacturing plants, 5 truss/panel manufacturing plants, 1 panel plant, and 2 rental facilities.
Since its inception, United Building Centers has been providing high quality building materials and exceptional service. Today, UBC, a Pro-Build Company, is widely recognized as one of America’s leading suppliers of building materials to contractors. For more information, visit www.unitedbuildingcenters.com.
About Sales Finance and GE Money
Sales Finance, based in Kettering, Ohio, is part of GE Money, formerly GE Consumer Finance, and provides private label credit card programs, marketing, installment lending, service contracts and financial services for national and regional retailers in more than 20 industries including: home improvement, outdoor power equipment, powersports, sporting goods, automotive, recreational vehicles, consumer electronics and appliances, furniture, floor covering, marine, music, jewelry, and health care.
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 more than 54 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.
Editorial Note: May is National Remodeling Month.
©2007 General Electric Company, All rights reserved.
The credit program is now available through UBC’s 172 centers in the Midwest and Rocky Mountain states and offers both installment and revolving credit options with a quick, easy application and sales process with competitive rates and promotions.
“As the new housing boom slows, more homeowners are making improvements to their existing homes, either as a do-it-yourself project or by working with a remodeler,” said Bruce Christensen, vice president and general manager, Home Improvement industry, GE Money – Sales Finance. “We’re excited to add our financing services expertise to United Building Center’s long and prominent history in providing exceptional products, making these types of projects even more affordable and convenient for consumers.”
Over the past 15 years, GE Money’s Home Improvement division has been an industry leader, providing more than $13 billion in home improvement financing to nearly half a million homeowners.
About United Building Centers
United Building Centers began in 1855 as a single raft-load of lumber floating down the Mississippi River. Through years of growth and acquisitions, UBC has become known as a source of quality products and services strategically placed across the country, including 172 centers in the Midwest and Rocky Mountain states, 8 distribution centers, 10 millwork plants, 53 installing centers, 2 concrete plants, 14 truss manufacturing plants, 5 truss/panel manufacturing plants, 1 panel plant, and 2 rental facilities.
Since its inception, United Building Centers has been providing high quality building materials and exceptional service. Today, UBC, a Pro-Build Company, is widely recognized as one of America’s leading suppliers of building materials to contractors. For more information, visit www.unitedbuildingcenters.com.
About Sales Finance and GE Money
Sales Finance, based in Kettering, Ohio, is part of GE Money, formerly GE Consumer Finance, and provides private label credit card programs, marketing, installment lending, service contracts and financial services for national and regional retailers in more than 20 industries including: home improvement, outdoor power equipment, powersports, sporting goods, automotive, recreational vehicles, consumer electronics and appliances, furniture, floor covering, marine, music, jewelry, and health care.
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 more than 54 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.
Editorial Note: May is National Remodeling Month.
©2007 General Electric Company, All rights reserved.
