GE Money and EP Henry Pave Way for Consumer Finance Program
INSTALLMENT AND REVOLVING CREDIT PROGRAMS INTRODUCED VIA EP HENRY AUTHORIZED HARDSCAPING CONTRACTOR ® AND DISTRIBUTOR NETWORK
ST PAUL, MINN. -- August 8, 2007 – GE Money’s Sales Finance unit and EP Henry, the leading independently-owned manufacturer of unit concrete products in the U.S., announced a three-year agreement to provide financing through GE's PROJECTLINE SM and PROJECTLOAN SM programs.
INSTALLMENT AND REVOLVING CREDIT PROGRAMS INTRODUCED VIA EP HENRY AUTHORIZED HARDSCAPING CONTRACTOR ® AND DISTRIBUTOR NETWORK
ST PAUL, MINN. -- August 8, 2007 – GE Money’s Sales Finance unit and EP Henry, the leading independently-owned manufacturer of unit concrete products in the U.S., announced a three-year agreement to provide financing through GE's PROJECTLINE SM and PROJECTLOAN SM programs.
The new agreement will enable EP Henry’s 500+ distributors and contractors across the Mid-Atlantic region to offer both revolving and installment financing options to customers. Advantages of the program include an easy application process, fast credit decisions, competitive rates and promotions, as well as no down payments or prepayment penalties.
“For more than 100 years, we’ve worked with our customers to help them enhance their homes and businesses through our products,” said Eric Long, vice president and chief financial officer for EP Henry. “We’re excited to offer a financing program that enables them to make an investment in their properties easily and cost effectively. With PROJECTLINE and PROJECTLOAN, they will no longer have to delay having the EP Henry patio, walkway, driveway or wall of their dreams.”
Founded in 1903, EP Henry produces manufactures decorative concrete block used in building construction, and Hardscaping™ products, including EP Henry Paving Stones and Wall Systems for residential and commercial applications. Popular uses for EP Henry products include walkways, driveways, patios, pool decks, raised patios and garden and retaining walls.
“Most homeowners dream about beautifying their home inside and out, and EP Henry products not only enhance the beauty but add to the value of a home or business,” said Bruce Christensen, vice president and general manager of GE Money’s Home Improvement division. “We’re proud to work with EP Henry contractors and distributors to offer financing solutions that make the design and installation of EP Henry products affordable.”
About EP Henry
The oldest family-owned and operated manufacturer of unit concrete products in America, EP Henry is the market leader in both consumer and commercial Hardscaping™. EP Henry is committed to providing the highest quality and broadest product offering, as well as the best-finished project. EP Henry is 100 percent USA made, owned and operated. From its beginnings in Edward P. Henry's Woodbury, N.J. basement, the company has evolved into an innovator in product development. For more information and to locate an EP Henry Authorized Hardscaping Contractor® or Distributor, visit www.ephenry.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 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.
©2007 General Electric Company, All rights reserved.
“For more than 100 years, we’ve worked with our customers to help them enhance their homes and businesses through our products,” said Eric Long, vice president and chief financial officer for EP Henry. “We’re excited to offer a financing program that enables them to make an investment in their properties easily and cost effectively. With PROJECTLINE and PROJECTLOAN, they will no longer have to delay having the EP Henry patio, walkway, driveway or wall of their dreams.”
Founded in 1903, EP Henry produces manufactures decorative concrete block used in building construction, and Hardscaping™ products, including EP Henry Paving Stones and Wall Systems for residential and commercial applications. Popular uses for EP Henry products include walkways, driveways, patios, pool decks, raised patios and garden and retaining walls.
“Most homeowners dream about beautifying their home inside and out, and EP Henry products not only enhance the beauty but add to the value of a home or business,” said Bruce Christensen, vice president and general manager of GE Money’s Home Improvement division. “We’re proud to work with EP Henry contractors and distributors to offer financing solutions that make the design and installation of EP Henry products affordable.”
About EP Henry
The oldest family-owned and operated manufacturer of unit concrete products in America, EP Henry is the market leader in both consumer and commercial Hardscaping™. EP Henry is committed to providing the highest quality and broadest product offering, as well as the best-finished project. EP Henry is 100 percent USA made, owned and operated. From its beginnings in Edward P. Henry's Woodbury, N.J. basement, the company has evolved into an innovator in product development. For more information and to locate an EP Henry Authorized Hardscaping Contractor® or Distributor, visit www.ephenry.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 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.
©2007 General Electric Company, All rights reserved.
