KETTERING, Ohio — August 25, 2008 — GE Money and Goway Travel, a leading travel agency specializing in expeditions to Australia, New Zealand, the South Pacific, Asia and Africa, today announced a multi-year agreement to offer the GE Money Travel finance program on Goway packaged tours, vacations and other travel-related expenses.
The private-label credit card program, managed by GE Money’s Sales Finance unit, provides a menu of offers and promotions, including deferred interest for six months with monthly minimum payments as well as extended payment financing on one-time trips or ongoing travel.
“The GE Money Travel card is a great option for people to make travel plans, track expenses and manage payments, “ said Peter Lacy, vice president of finance for Goway Travel. “Our travelers look for trips and holidays that provide once-in-a-lifetime experiences, and now we offer a financing program that fits their needs and budgets.”
For more than 38 years, Goway Travel has offered a wide range of travel experiences, including independent and fully escorted tours, adventure travel, air/land packages and romance and luxury themed excursions. The GE Money Travel Finance Program can be used on any of Goway's itineraries and departures.
"GE is excited to build a strategic relationship with Goway Travel to provide this flexible service offering," said Dave Luster, vice president and leader – Travel for GE Money - Sales Finance. "Now travelers and adventurers have a financing option that helps to make the most of their travel dollars."
About Goway Travel
Since 1970, Goway has been providing unforgettable travel experiences to Asia, Africa, and Australia. Today, they offer a wide choice of travel ideas to more than 40 countries. For more information, please visit www.goway.com.
About GE Money
With more than $200 billion in assets, GE Money, a unit of General Electric Company, (NYSE: GE) is a leading provider of retail banking and credit services to consumers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, mortgages, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com. GE Money's Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in more than 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment, sporting goods and travel.
GE (NYSE: GE) is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit the company's Web site at www.ge.com.
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