KETTERING, OHIO and MURRIETA, CALIF. — GE Money, the consumer lending unit of General Electric Company, and powersports vehicle manufacturer KTM North America Inc. announced Monday a multi-year extension of their consumer financing agreement, which was originally established in 2002.
The KTM installment program, which is available at 375 KTM dealers nationwide and managed by GE Money’s sales finance unit, allows consumers to finance KTM vehicles with affordable monthly payments and competitive interest rates.
“With the economic struggles our industry has seen, a solid retail finance offer is more important than ever,” said Jon-Erik Burleson, president for KTM North America. “We are focused on a partnership that brings competitive financing offers to customers interested in buying a KTM.”
As part of the renewal, KTM dealers will use GE Money’s Web-based finance management portal, the Business Center, to manage their credit programs and better serve their customers.
“We’re pleased to continue working with KTM by providing an installment financing program that supports the needs of their dealer network in the United States,” said Stephen Motta, vice president of GE Money’s sales finance unit. “This financing program offers riders the ability to experience the excitement and performance of the KTM brand, together with the comfort of a monthly payment that is fixed for the life of their loan.”
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