OEM, lender renew consumer financing program
November 17, 2009
Filed under Features
GE Money and KTM North America Inc. have announced a multi-year extension of their consumer financing agreement.
The KTM installment program, managed by GE Money’s Sales Finance unit, provides powersports enthusiasts a way to finance KTM vehicles with monthly payments and competitive interest rates.
“With the economic struggles our industry has seen, a solid retail finance offer is more important than ever,” said Jon-Erik Burleson, president for KTM North America. “We are focused on a partnership that brings competitive financing offers to customers interested in buying a KTM.”
As part of the renewal, KTM dealers will use GE Money’s Web-based finance management portal, Business Center. Business Center provides dealers with an easy, secure way to manage their credit programs and better serve their customers. Thousands of small businesses use GE Money’s Business Center to securely access sales, operational, marketing and training tools.
“We’re pleased to continue working with KTM by providing an installment financing program that supports the needs of their dealer network in the United States,” said Stephen Motta, vice president of GE Money – Sales Finance. “This financing program offers riders the ability to experience the excitement and performance of the KTM brand, together with the comfort of a monthly payment that is fixed for the life of their loan.”
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