GE Capital’s Retail Finance business said it has renewed its agreement with Sleepy’s, the largest mattress retailer in the country with more than 700 retail locations, to provide consumer financing services to its customers.
Under the new multi-year agreement, Sleepy’s will provide consumers the option of financing their purchase with the Sleepy’s card, backed by GE Capital. The renewal of the agreement between GE Capital and Sleepy’s extends a program that began in 2001.
“Sleepy’s is among the most successful mattress retailers in the world, so we’re very excited to extend our business relationship with them,” said Paul Boeckman, Home Furnishings vice president for GE Capital’s Retail Finance business. “They have a proven business model that focuses on product selection and customer service, and we are proud to provide financing programs that contribute to their sales growth and provide payment options to their customers.”
“GE Capital is a great resource for our business,” said Joe Graci, chief financial officer for Sleepy’s. “Customers appreciate options, including both product and payment options. GE Capital helps us enhance a great shopping experience.”
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