“Consumers today are smarter about credit options,” said Greg Pierce, vice president and general manager of the Powersports division of GE Money - Sales Finance. “Providing them with a convenient, cost effective way to finance their purchases is a key part in maximizing a positive customer experience.”
Issued by GE Money’s Sales Finance unit, the FUNancing Card consumer credit program enables off-road vehicle enthusiasts to finance ODG’s line of ARGO amphibious vehicles at any of the more than 150 dealers nationwide. The new program includes special financing promotions, such as reduced rate and no payment with deferred interest options.
Recreationally, consumers use ARGOs for hunting, fishing or bush trekking, while commercial users in the utility, natural resource and search and rescue sectors use the ARGO in the toughest off-road conditions year-round.
“Amphibious vehicles are growing in popularity, with more than 15 percent sales growth year over year,” said Joe Klosterman, general manager of U.S. Operations for Ontario Drive & Gear. “The new ODG consumer credit program provides our customers with even greater options for financing their purchases, and experiencing the numerous benefits of owning an ARGO.”
About Ontario Drive & Gear
Founded in 1962, Ontario Drive & Gear Limited operates from a 105,000 sq. ft. manufacturing facility in New Hamburg, Ontario. ODG has established the ARGO as a world leader in amphibious vehicles and its industrial division has built a solid reputation for the design and manufacture of quality gears and transmissions, as well as the distribution of KTR Power Transmission Couplings. To satisfy the growing demand for its products and innovative developments, ODG has aligned its business strength in two divisions: the Vehicles Division and the Gear Division.
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 for national and regional retailers, dealers, manufacturers and service providers in more than 20 industries including: outdoor power equipment, home improvement, sporting goods, powersports, automotive, recreational vehicles, consumer electronics and appliances, furniture, floor covering, marine, music, jewelry, 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, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.
