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MV Agusta And Husqvarna Retailers Offer New Financing Program
ST. PAUL, MINN. - GE Money’s Sales Finance unit today announced an agreement to provide consumer credit services through Cagiva USA dealers nationwide. GE’s FUNancing revolving and an installment loan credit program will be available for the purchase of motorcycles and accessories.
Cagiva USA, located in Willow Grove, Pennsylvania, is the exclusive distributor of Husqvarna and MV Agusta motorcycles in North America.
“Cagiva USA has experienced phenomenal growth over the past couple of years,” said Greg Pierce, vice president and general manager for GE Money’s Powersports industry. “Adding GE as a strong financing partner will help continue that growth pattern.”
MV Agusta motorcycles are among the most exclusive brands in the motorcycle industry. The company was founded in Italy in 1945 and established an impressive racing legacy, winning 270 Grand Prix titles.
The Husqvarna brand, which originated in Sweden, makes some of the world’s best off-road motorcycles, “Offering consumer credit through GE Money will provide benefits for both our customers and our dealers,” said Larry Ferracci, director of operations for Cagiva USA. “Consumers will find it much easier to finance the motorcycle they want, and dealers will have an effective new marketing tool backed by proven industry expertise and service.”
ABOUT CAGIVA USA
Located in Willow Grove, Pa., Cagiva USA is the exclusive North American importer of Husqvarna and MV Agusta motorcycles. As the oldest motorcycle brand in the world, Husqvarna continues its long tradition of performance, value, and racing success with over 68 World Titles. With its lineup of exclusive, high-performance models, the MV Agusta brand represents true motorcycle art, a fusion of engineering and elegance.
ABOUT GE MONEY
With $163 billion in assets, GE Money, a unit of General Electric Company (NYSE:GE), is a leading provider of credit services to consumers, retailers and auto dealers in 50 countries around the world. GE Money, based in Stamford, Connecticut (USA), offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans, and credit insurance. More information can be found at www.gemoney.com.
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