Synchrony, a consumer financing company, and LG Electronics USA will make it easier for installers and homeowners to achieve energy independence goals through the expansion of the LG-Synchrony partnership. The expansion offers LG’s independent Pro Dealers a financing program to help homeowners purchase LG Electronics USA’s award-winning Home 8 Energy Storage System (ESS).
The private label credit card program features competitive deferred interest, fixed payment, and equal monthly payment promotion options for the Home 8 ESS to help customers afford the award-wining energy storage product they want.
“Synchrony makes energy independence easy – for LG Electronics, for our installer partners, and for homeowners who are interested in the Home 8 ESS,” said Chris Ahn, Senior Vice President, LG Electronics USA. “This partnership will provide dealers and installers with the tools they need to help homeowners take control of their energy usage.”
LG’s ESS financing program, which builds on its existing HVAC financing program, will feature several Synchrony digital capabilities that enhance the customer experience by streamlining and simplifying the financing application process, including options that allow customers to apply safely and securely via computer, tablet or mobile device.
“Homeowners are frustrated with power outages and rising electric bills, but many feel helpless to do anything about it,” said Curtis Howse, CEO of Home & Auto, Synchrony. “LG offers a great solution with the Home 8 ESS and our goal at Synchrony is to make the process of that purchase as seamless as possible for both customers and installers.”