GE Capital Retail Bank and The Thomas Kinkade Company Introduce a Private Label Credit Card Program

Updated

GE Capital Retail Bank and The Thomas Kinkade Company Introduce a Private Label Credit Card Program

Financing Available for Painter of Light™ Artwork andLicensed Products Purchases

STAMFORD, Conn. & MORGAN HILL, Calif.--(BUSINESS WIRE)-- GE Capital Retail Bank and the Thomas Kinkade Companyrecently announced a multi-year agreement to provide a private label credit card program for consumers. GE Capital's Retail Finance business, the operating entity that provides financial solutions to retailers and dealers to help grow their customer sales, will manage the relationship and service the account.


The consumer financing program is available at more than 350 participating Thomas Kinkade authorized galleries and approved dealers. It offers competitive rates and promotions, including deferred interest payment options* on purchases of the artist's limited edition artwork, open edition pieces and licensed products such as collectibles, home décor and furnishings.

"We are committed to sharing Kinkade's vision of beauty and light," said Mark Hill, executive vice president, Thomas Kinkade Company. "GE Capital's vast expertise and special financing programs provide convenient payment options, enabling art lovers to experience the wonder of his work."

Thomas Kinkade was born in the small country town of Placerville, California and became one of the most collected artists of his time. His artwork subjects include cabin and nature scenes, gardens, classic cottages, sports, inspirational content, lighthouses and powerful seascapes, impressionists and classic Americana.

"Thomas Kinkade's masterpieces bring joy to millions of collectors," said Regina Leadem, vice president of sales for GE Capital's Retail Finance business. "We are delighted to collaborate with The Thomas Kinkade Company to help bring the beauty of Kinkade's work to new and existing art lovers."

For 80 years, GE Capital's Retail Finance business has provided billions of dollars in consumer financing through major retailers and more than 200,000 small- and mid-sized businesses throughout the United States. GE Capital is a leading provider of consumer credit in the art and luxury goods industry. The company supports its clients with proprietary online technology such as Business Center, which includes service, marketing and sales tools, as well as the newly launched Learning Center, providing businesses with access to comprehensive training for their teams on financing for consumers.

*subject to approval and availability

About The Thomas Kinkade Company

The Thomas Kinkade Company publishes the work of Thomas Kinkade and distributes his art and related collectibles through a global network of independently owned galleries, an extensive network of branded and licensed dealers, and strategic marketing relationships. Mr. Kinkade's artistry includes imagery of gardens, cottages and estates, cityscapes, plein airs, holiday scenery, and commemorative American landmarks. Known as the "Painter of Light™," he is the most collected artist of his time. The Thomas Kinkade Company will continue to create quality products that will help preserve his legacy as "The Painter of Light. For more information, visit www.thomaskinkade.com.

About GE Capital's Retail Finance business

GE Capital's Retail Finance business is among the country's most successful retail lenders, with 80 years of experience in consumer financing. The business, with its lending entity GE Capital Retail Bank, provides customized credit programs to retailers and consumers in the United States and Canada that help drive sales. This includes private label and bankcard credit programs to major national, regional and independent retailers in the U.S., as well as private label credit programs, promotional and installment lending, bankcards and financial services for consumers through dealers; contractors; manufacturers; healthcare practices; and service providers across nearly 20 industries. More information can be found at www.gogecapital.com and twitter.com/GoGECapital.

GE Capital is one of the world's largest providers of credit. For over one million businesses, large and small, GE Capital provides financing to purchase, lease and distribute equipment, as well as capital for real estate and corporate acquisitions, refinancings and restructurings. For our 100+ million consumer customers, GE Capital offers credit cards, sales finance programs, home, car and personal loans and credit insurance. For more information, visit www.gecapital.com or follow company news via Twitter @GECapital.

GE (NYS: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

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Cristy Williams, 678-518-2596
cristy.williams@ge.com

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