GE Money and Echo Incorporated Introduce Finance Program on Outdoor Power Equipment
KETTERING, Ohio — November 25, 2008 — GE Money and ECHO Incorporated, a leading manufacturer of hand-held landscaping equipment, today announced a multi-year agreement on a credit program. ECHO landscaping maintenance products can be found at more than 6,000 independent dealers across the U.S.
KETTERING, Ohio — November 25, 2008 — GE Money and ECHO Incorporated, a leading manufacturer of hand-held landscaping equipment, today announced a multi-year agreement on a credit program. ECHO landscaping maintenance products can be found at more than 6,000 independent dealers across the U.S.
The private label Power Equipment Card program, managed by GE Money’s Sales Finance unit, offers a revolving credit option on ECHO hand-held outdoor power equipment. The program offers a simple application process, fast credit decisions, competitive rates, promotions and exclusive offers for cardholders.
“Selecting GE Money as our financing program provider was an easy decision,” said Mike Best, vice president of sales for ECHO. “Their product is backed by consistent high levels of dealer service, and GE Money’s ongoing commitment to continued technology and marketing development makes them the right choice for our dealers and their customers.”
According to the Outdoor Power Equipment Institute, maintaining lawns and landscapes regularly with outdoor power equipment is vital for greater efficiency and maximizes lawn and landscape health benefits. Healthy lawns can cool surrounding temperatures, reduce particulate matter, act as a sound buffer and increase property values. These benefits are behind many commercial and residential landowners’ decisions to purchase the equipment that lets them make the most of their surrounding landscape.
“We’re pleased to work with ECHO on offering their customers a customized credit option,” said Gary Slagle, vice president and general manager of the Outdoor Power Equipment industry for GE Money - Sales Finance.
About ECHO
ECHO Incorporated is a leading manufacturer of professional-grade, high-performance hand-held outdoor power equipment for commercial and residential use. Developed to meet the reliability, durability and efficiency demands of commercial and residential customers in the arborist, industrial, landscaping and residential markets, ECHO products have led the industry with a proven standard of performance for more than 30 years. ECHO also markets chippers and chipper/shredders under the ECHO Bear Cat name. For more information, please visit the company’s web site at www.echo-usa.com.
About GE Money
With more than $200 billion in assets, GE Money, a unit of General Electric Company, (NYSE: GE) is a leading provider of retail banking and credit services to consumers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, mortgages, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com. GE Money’s Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in more than 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment, sporting goods and travel.
GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit the company's Web site at www.ge.com.
©2008 General Electric Company, All rights reserved.
“Selecting GE Money as our financing program provider was an easy decision,” said Mike Best, vice president of sales for ECHO. “Their product is backed by consistent high levels of dealer service, and GE Money’s ongoing commitment to continued technology and marketing development makes them the right choice for our dealers and their customers.”
According to the Outdoor Power Equipment Institute, maintaining lawns and landscapes regularly with outdoor power equipment is vital for greater efficiency and maximizes lawn and landscape health benefits. Healthy lawns can cool surrounding temperatures, reduce particulate matter, act as a sound buffer and increase property values. These benefits are behind many commercial and residential landowners’ decisions to purchase the equipment that lets them make the most of their surrounding landscape.
“We’re pleased to work with ECHO on offering their customers a customized credit option,” said Gary Slagle, vice president and general manager of the Outdoor Power Equipment industry for GE Money - Sales Finance.
About ECHO
ECHO Incorporated is a leading manufacturer of professional-grade, high-performance hand-held outdoor power equipment for commercial and residential use. Developed to meet the reliability, durability and efficiency demands of commercial and residential customers in the arborist, industrial, landscaping and residential markets, ECHO products have led the industry with a proven standard of performance for more than 30 years. ECHO also markets chippers and chipper/shredders under the ECHO Bear Cat name. For more information, please visit the company’s web site at www.echo-usa.com.
About GE Money
With more than $200 billion in assets, GE Money, a unit of General Electric Company, (NYSE: GE) is a leading provider of retail banking and credit services to consumers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, mortgages, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com. GE Money’s Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in more than 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment, sporting goods and travel.
GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit the company's Web site at www.ge.com.
©2008 General Electric Company, All rights reserved.
