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GE Money and Ethan Allen Interiors Extend Consumer Finance Program.


Program Offers Ethan Allen Consumers Convenient and Customized Payment Options

KETTERING, Ohio Kettering is a city in Greene and Montgomery Counties in the U.S. state of Ohio. It is a suburb of nearby Dayton. As of the 2000 census, the city had a total population of 57,502. The city incorporated in 1955 from the former Van Buren Township and is named for inventor Charles F. . -- GE Money and Ethan Allen Interiors, Inc. today announced a multi-year renewal of its consumer financing agreement, originally formed in 1993.

The Ethan Allen Finance Plus Card, issued by GE Money's Sales Finance unit, enables consumers to choose from a menu of financing options that best fit their monthly budget and purchasing needs. Financing solutions include Term Choice, which offers repayment time frames of 12 to 60 months; No Payment/Deferred Interest allows consumers to pay for their purchase in full within three to six months; and Ethan Allen Prime, which offers a three-month, no-payment period and a variable Interest Rate which is the current Prime Rate.

"The renewal of this relationship is a testament to the effectiveness of this finance program for Ethan Allen," said Greg Pittman, vice president and general manager of Home Furnishings for GE Money - Sales Finance. "Offering flexible payment options is a key component in Ethan Allen's client-focused business. We're proud to continue to be a part of Ethan Allen's growth."

Research shows that the average sale using a private label credit program is significantly higher than with other payment types.

"The Ethan Allen Custom Finance program offers our clients payment options that are convenient, flexible, and consistent with the excellent service, quality, and value that are hallmarks of our brand," said Farooq Kathwari Farooq Kathwari is the Chairman, President and Chief Executive officer of Ethan Allen Interiors Inc. He has been president of the Company since 1985 and Chairman and Chief Executive Officer since 1988. In 1989 he formed a group to purchase Ethan Allen and took the Company public in 1993. , Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Ethan Allen Interiors. "We pride ourselves on making it easy for people to create beautiful and comfortable homes that let their individual style shine through."

About Ethan Allen

Ethan Allen Interiors Inc. (NYSE NYSE

See: New York Stock Exchange
:ETH eth  
n.
Variant of edh.
) is an interior design company that provides its clients with one-stop shopping convenience and complimentary design expertise. Ethan Allen sells a full range of classic and fashion-forward furniture and accessories through a dedicated international network of more than 300 Ethan Allen design centers. Ethan Allen has nine manufacturing plants in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . For more information, visit www.ethanallen.com.

About GE Money

With more than $190 billion in assets, GE Money, a unit of General Electric Company (NYSE:GE), is a leading provider of credit services to consumers, retailers and auto dealers in more than 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans, and credit insurance. More information can be found at www.gemoney.com. GE Money's Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs, marketing, installment lending and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 for national and regional retailers, dealers, manufacturers and service providers in more than 20 industries including: outdoor power equipment, home improvement, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity
commodity, trade good, good - articles of commerce

sports equipment - equipment needed to participate in a particular sport
, powersports, automotive, recreational vehicles, consumer electronics and appliances, furniture, floor covering, marine, music, jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion.

The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring.
, and health care.

GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, , GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.

(c)2007 General Electric Company, All rights reserved.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Article Type:Company overview
Date:Oct 22, 2007
Words:560
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