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SNUGTOP Selects GE Money's Credit Program

 

NewswireToday - /newswire/ - Kettering, OH, United States, 08/20/2008 - Leading designer-manufacturer of fiberglass truck caps and tonneau covers chooses GE Money - Sales Finance consumer financing (NYSE: GE).

   
 

GE Money and SNUGTOP, a leading designer-manufacturer of fiberglass truck caps and tonneau covers, today announced a multi-year agreement to provide consumer financing through the GE Money Automotive card, managed by GE Money’s Sales Finance unit.

The revolving credit program offers truck owners a dedicated line of promotional credit with a no annual fee card. Automotive financing from GE Money gives truck owners the choice of 90-day, 6-month or 12-month deferred interest options on truck caps and covers. The program also includes emergency roadside assistance at no additional charge for 12 months, starting from the day the credit card is opened.

Throughout the year, special promotions such as deferred interest will be offered to new and existing cardholders through participating SNUGTOP dealer locations. Truck owners can also apply for credit by going online via SNUGTOP’s Website.

“Purchasing a SNUGTOP product makes good economical sense, both in protecting a truck’s cargo and improving the vehicle’s performance,” said Hartmut Schroeder, president and CEO for SNUGTOP. “Now, the addition of the GE Money Automotive card makes it even easier and more cost effective for our customers to purchase the cap or cover that best meets their needs.”

In addition to providing covered storage, adding a cap or tonneau cover can improve a truck’s aerodynamics, resulting in greater fuel economy. According an independent study conducted by SNUGTOP, truck owners can yield gas mileage savings of up to 10 percent by covering the truck bed. Making it possible for tuck owners to save hundreds of dollars annually in fuel costs. For more information regarding SNUGTOP's research, and to calculate your gas savings, please visit their online Website.

“The GE Money Automotive card has helped thousands of drivers easily fit their auto purchases into their budgets,” said Steve Roe, general manager, Automotive, GE Money – Sales Finance. “We’re pleased to continue to work with leading partners like SNUGTOP by providing their customers a convenient, cost efficient way to purchase the parts and services they need.”

About SNUGTOP
Founded in 1959, SNUGTOP Custom Fiberglass Manufacturing Co. pioneered the industry’s first custom fitting fiberglass truck caps. Nearly 50 years later, SNUGTOP is the name for quality fiberglass truck caps and tonneau covers for consumer and commercial applications. With more than 350 different products custom fitted for the market’s top truck brands, SNUGTOP leads in design innovation, manufacturing quality and customer satisfaction. The company is an active member of the Light Truck Accessory Association and the recipient of numerous consumer and industry awards for product design, quality and innovation.

About GE Money
With more than $200 billion in assets, GE Money (gemoney.com), a unit of General Electric Company, (NYSE: GE) is a leading provider of retail banking and credit services to consumers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, mortgages, debt consolidation and home equity loans and credit insurance. GE Money’s Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices and service providers in more than 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment, sporting goods and travel.

GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work.

 
 
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