Yamaha Taps GE for Consumer Finance Program; Installment Credit Now Available at All Yamaha Retail Stores.ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- Yamaha, the world's largest maker of musical instruments, has signed an agreement with GE Consumer Finance's Retail Sales Finance unit, to provide a new installment credit Noun 1. installment credit - a loan repaid with interest in equal periodic payments installment loan consumer credit - a line of credit extended for personal or household use loan - the temporary provision of money (usually at interest) program for Yamaha piano customers across the country. The Yamaha Retail Finance program will be offered through nearly 300 Yamaha piano dealers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Yamaha is a leading manufacturer of grand and vertical pianos, as well as the renowned Clavinova Digital Piano A digital piano is a modern electronic musical instrument designed to serve primarily as an alternative to a traditional piano, both in the way it feels to play and in the sound produced. Some digital pianos are also designed to look like an acoustic piano. and the Disklavier Piano. "Financing is essential in the retail music business, and we want to offer our customers the best financing options possible," stated Paul Calvin, general manager of Yamaha's Piano Division. "GE has the resources and capabilities we were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. in a financing partner." The new partnership will offer a variety of benefits to Yamaha piano dealers and customers, including experienced underwriters empowered by some of the most aggressive underwriting strategies in the industry; flexible financing terms up to 144 months and $100,000; a dedicated field support team; marketing support and free in-store, point-of-sale materials; a participation schedule paid up front with funding; and dealer and customer service available seven days a week. To support the Yamaha Retail Finance program, GE Consumer Finance has formed a dedicated team of relationship managers, risk managers, dealer sales representatives, loan underwriters and customer service managers experienced in the music industry. In addition, GE Consumer Finance enjoys many long-term relationships with Yamaha retailers via GE Commercial Finance; these dealers can be automatically enrolled in the Yamaha Retail Finance Program. Music sales for Yamaha Corporation “Yamaha” redirects here. For other uses, see Yamaha (disambiguation). The Yamaha Corporation (ヤマハ株式会社 topped $700 million in 2004. The company, which was founded in Japan in 1887, opened its American distribution in 1960. Yamaha Corporation of America is the parent company's largest subsidiary. "We are thrilled that Yamaha selected GE as the financing services resource," said Mike Friguletto, Senior Vice President of GE Consumer Finance, Retail Sales Finance. "The Yamaha name is well-established in the music industry. We expect this to be a long and productive relationship." About Yamaha Since 1887, when it began producing reed organs, the Yamaha Corporation in Japan (then Nippon Gakki Co., Ltd.) has grown to become the world's largest manufacturer of a full line of musical instruments, and a leading producer of audio/visual products, semiconductors and other computer related products, 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 , home appliances and furniture, specialty metals, machine tools, and industrial robots. Yamaha now owns 59 subsidiaries and affiliates in overseas markets in addition to numerous related companies in Japan. About Retail Sales Finance and GE Consumer Finance Retail Sales Finance, based in 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. , is part of GE Consumer Finance and 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 in key industries: home improvement, powersports, outdoor equipment, automotive/recreational vehicles, consumer electronics and appliances, furniture, floor covering, 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. With $150 billion in assets, GE Consumer Finance, a unit of General Electric Company, is a leading provider of credit services to consumers, retailers and auto dealers in 47 countries around the world. GE Consumer Finance, based in Stamford, Conn. (USA), 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 online at www.geconsumerfinance.com. GE (NYSE NYSE See: New York Stock Exchange : GE) is a diversified technology, media and financial services company dedicated to creating products that make life better. For more information, visit www.ge.com. (C) 2005 General Electric Company, All rights reserved. |
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