HVAC Breaking News

June 3, 2010: GE Money and York Create Consumer Financing Program for HVAC Purchases

June 3, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

KETTERING, Ohio, and YORK, Pa. - GE Money, the consumer lending unit of General Electric Co., and York have announced a multi-year agreement to offer the GE Money Home DesignSM program to provide consumer financing on York residential HVAC equipment. The private-label credit card program is managed by GE Money’s Sales Finance unit.

According to the companies, homeowners can use the Home Design card to purchase any of York’s HVAC products, which include the York, Coleman, and Luxaire brands, and consumers can find an approved dealer in their area via GE Money’s online Business Locator. The application process is said to be fast and easy, with credit decisions occurring within seconds. Additionally, homeowners may be able to take advantage of up to $1,500 in tax incentives on qualified purchases of high-efficiency HVAC products and equipment for their primary residences.

“Often the purchase of a heating or air conditioning unit is an immediate need, and the Home Design program gives our customers financial flexibility at a very important time,” said Mike Simpson, manager of distributor development for York.

As part of the program agreement, York dealers will use GE Money’s web-based finance management portal, Business Center. GE Money said Business Center provides dealers with an easy, secure way to manage their credit programs and better serve their customers.

“We are excited to partner with York in providing this flexible service offering,” said Bruce Christensen, vice president and general manager of GE Money’s Home Improvement division. “The Home Design program presents customers with a new way to budget and pay for purchases through our competitive rates and promotions.”

For more information about York, visit www.york.com. For more information about GE Money, visit www.gemoney.com.

Publication date: 05/31/2010

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts

THE MAGAZINE

ACHRNEWS

NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con