GE Capital Retail Bank announced the extension on Thursday of its decades-long relationship with P.C. Richard & Son to offer a consumer credit card program first offered in 1986 .
“Over the past three decades, GE Capital and P.C. Richard & Son have built a strong relationship,” Tom Pohmer, the vice president and CFO at P.C. Richard & Son, said, Fort Mill Times reports. “GE Capital’s flexible financing programs have helped us build long-term customer loyalty, and we’re pleased to continue working together.”
Founded in 1909, P.C. Richard & Son is one of the oldest family-owned electronics retailers in America. The company has long worked with GE and has carried GE appliances and products for almost a century. Customers can apply in-store or online for the P.C. Richard & Son credit card, and qualified applicants are eligible for flexible financing promotions on certain purchases.
“Our research shows that consumers shopping for electronics and appliances look for a wide selection, knowledgeable service and an affordable way to make their purchases,” Paul Schell, the general manager of GE Capital’s retail finance division, said, according to Fort Mill Times. “We’re proud to continue providing a consumer credit card program, which has been an important tool to build business for P.C. Richard & Son and meet the needs of its customers.”