GE Money, the consumer lending unit of General Electric Company, recently announced the extension of a consumer financing agreement with The Toro Company, a worldwide provider of turf and landscape maintenance equipment and precision irrigation systems. The financing program, originally established between the two parties in 2004 and managed by GE Money’s Sales Finance unit, provides end-user customers with revolving and installment credit option on Toro and Exmark equipment purchases. GE Money provides billions of dollars of consumer financing through more than 145,000 small and medium businesses on Main Streets across the United States.
The financing program offers a simple application process, fast credit review, and competitive rates and promotions on a complete line of Toro and Exmark equipment, including stand-on mowers, zero-turn riding mowers, walk-behind mowers, snow blowers, and other yard and garden tools. These equipment brands can be found at mass retailers and independent dealers across the United States. Individuals can find an approved Toro dealer in their area via GE Money’s online Business Locator.
As part of the program, Toro and Exmark dealers 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 businesses use GE Money’s Business Center to securely access all the sales, operational, marketing and training tools they need at the click of a button.
“We’re pleased to extend our partnership with Toro and Exmark,” said Gary Slagle, vice president and general manager of the outdoor power equipment industry for GE Money – Sales Finance. “For more than five years, we’ve jointly provided customer financing solutions to Toro and Exmark customers, and we look forward to continued growth.”
For more information, visit www.gemoney.com, www.gecapital.com and twitter.com/gecapitalnews.