Synchrony Financial (f/n/a GE Capital Retail Finance) announced it has signed a multi-year agreement with Lowe’s to continue providing financing programs for commercial and consumer customers through the home improvement retailer’s more than 1,800 stores and Lowes.com.
“It’s been a privilege to work with the Lowe’s team over more than three decades to develop relevant payment options and features that enable consumer and commercial customers to make the home improvements they need and want,” said Tom Quindlen, EVP and CEO of Synchrony Financial’s Retail Card platform. “We look forward to continuing to provide solutions that help contribute to a great experience for Lowe’s customers.”
The Lowe’s Credit Card was introduced in 1979 and expanded to include commercial financing in 1993. Additional programs for accounts receivable and major purchases, including up to 84-month fixed monthly payments at 5.99% APR, provide financing solutions for businesses and consumers in the U.S. and Canada.
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