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Conn’s, GE Extend Consumer Finance Deal

The Woodlands, Texas — Conn's and GE Capital Retail Bank have signed a multiyear extension of their consumer finance program. 10/23/2012 05:47:00 AM Eastern

The Woodlands, Texas — Conn's and GE Capital Retail Bank have signed a multiyear extension of their consumer finance program.

GE Capital's retail finance business, the operating entity that provides financial solutions to retailers and dealers to help grow their customer sales, will continue to manage the Conn's relationship and service the account, which originally launched in 2009, the companies said.

“Conn's has been one of the region's leading retailers for more than a century, and the vast majority of their sales involve financing,” said Paul Schell, general manager, consumer electronics and appliances for GE Capital's retail finance business. “We're honored to continue working with Conn's to provide convenient financing options that help satisfy their customers and solutions that help Conn's continue to build their business.”

The consumer financing program was expanded and extended through 2016, providing qualifying customers with access to a Conn's-branded credit card and special financing options. Customers can apply for the Conn's card in stores, as the Conn's credit program is available at all of its retail and clearance store locations in Texas, Louisiana and Oklahoma.

“Through various financing programs offered to qualified customers by GE Capital, customers have access to a dedicated line of credit to use for all of their purchases at Conn's,” commented Theodore M. Wright, chairman and CEO, Conn's. “Our relationship with GE Capital has assisted us in providing our customers with greater value and more convenient and flexible ways to pay for durable goods for their home.”

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