GE Money, the consumer lending unit of General Electric Company, and 1-800-Mattress announced an agreement for a new consumer financing program available immediately in select areas. The 1-800-Mattress card is a private label credit program that offers consumers a no annual fee line of credit with no down payment required and an optional customer payment protection plan. It is managed by GE Money’s Sales Finance unit, which provides billions of dollars of consumer financing through more than 145,000 business locations across the United States.
“We’re very excited to launch this new consumer credit program,” said Joe Graci, chief financial officer for 1-800-Mattress. “Our company is famous for extraordinary customer service, so it was important that we have a financing partner that can match the level of customer service we provide. No one is better at consumer financing than GE Money.”
1-800-Mattress pioneered the concept of shopping for a mattress without visiting a showroom. Customers can order online at www.1800mattress.com, by telephone or online chat. The company was founded in 1976 and has served more than two million customers nationwide. 1-800-Mattress has been acknowledged numerous times for exemplary customer service.
The new 1-800 Mattress card will allow consumers to purchase the mattress of their choice from the company’s wide selection of name brands and pay for it over time. Buyers also will receive information about special promotions that are available only to cardholders and they can manage their credit account online at www.gemoney.com.
“We are very excited about this new partnership with 1-800 Mattress,” said Paul Boeckman, vice president of sales, GE Money – Sales Finance. “1-800 Mattress is an innovative, forward-thinking company. We are pleased to provide them with promotional financing programs that match their level of service.”
About 1-800-Mattress
1-800-Mattress was founded in 1976 and offers products from most major manufacturers and has served more than two million customers over the past 30 years. 1-800-Mattress is headquartered in Long Island City, New York. For more information, visit the company’s Web site at www.1800mattress.com.
About GE Money
GE Money’s Sales Finance unit, based in Kettering, Ohio, is a part of General Electric Company’s GE Capital division. GE Money provides credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in nearly 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 and sporting goods. More information can be found at www.gemoney.com.
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. For more information, visit the company's Web site at www.ge.com.