GE Money announces new OEM relationship
April 13, 2007
Filed under Uncategorized
GE Money’s Sales Finance unit and Arctic Cat have extended their working relationship that already includes the manufacturer’s Canadian operations.
Beginning April 9, Arctic Cat will offer GE Money installment and revolving credit programs at hundreds of its U.S. dealerships. The installment loan program is called Arctic Cat Financing, while the revolving program will utilize the new Cat Card credit card.
Arctic Cat’s financing program will enable dealers to offer special financing terms, including seasonal promotions, designed to generate sales momentum. Fast credit decisions and simple paperwork will help dealers keep customers in the store, and dealers also can benefit from Internet-based financing management tools.
GE Money also told Powersports Business that it has signed another of its OEM partners, Honda, to a multi-year extension.