Bill Me Later Business Deployed by Manufacturer to Simplify
Payments and Drive Sales
TIMONIUM, Md.--(Business Wire)--
Bill Me Later, Inc. today announced that Generac(R) Power Systems,
a leader in standby power generation, is now offering the Bill Me
Later(R) Business payment option to the nationwide network of dealers
purchasing its Guardian(R) generators. With Bill Me Later Business,
businesses now have a new way to pay for equipment orders without the
need to either pre-pay for the order, endure delays of a purchase
order process or use a personal credit card. The new payment solution
is available for online and call center purchases. Generac is the
first consumer durable goods manufacturer to deploy Bill Me Later
Business.
Bill Me Later Business is the first payment service to offer a
multichannel approach to help suppliers meet the purchasing needs of
business buyers. The payment offering simplifies the payment process
and increases buyer purchasing power through special terms and
financing options without requiring lengthy applications, credit cards
or purchase orders. All purchases made through the service are tracked
on one monthly bill and the account can be customized to accommodate
multiple users and pre-set spending limits.
"We deployed Bill Me Later Business to give our dealers more
financing options in order to allow them to react more quickly to
market conditions. The positive response was immediate," said Kyle
Raabe, director of dealer sales at Generac. "Our dealers find the sign
up process quick and easy and appreciate the additional buying power
that Bill Me Later Business affords."
"Bill Me Later Business provides business suppliers with another
way to increase orders while delivering flexible financing offers to
their customers," said Mark Lavelle, vice president of corporate
development at Bill Me Later, Inc. "We work closely with our Bill Me
Later Business customers to help them offer next-generation payments
to their business buyers in a way that makes the purchasing experience
faster, easier and more convenient."
Guardian by Generac Power Systems, the top selling automatic
standby generator, offers the broadest generator product line in the
industry. Guardian generators are available through an extensive
dealer network experienced and knowledgeable in the sale,
installation, and service of standby power.
Bill Me Later, Inc. allows retailers to simplify the payment
experience to capture lost sales, increase customer loyalty and
maximize profits. Through a single implementation of its Bill Me Later
product suite, merchants gain access to a set of technology solutions,
including Bill Me Later(R) and its unique integrated marketing
programs and financing offers, Bill Me Later(R) Business, and a
private label credit card program.
For more information on Bill Me Later Business, visit
www.billmelaterbusiness.com.
About Bill Me Later, Inc.
Bill Me Later, Inc. is a new breed of technology company, offering
next-generation payment and marketing solutions. The company is a
leader in the digital payments industry with its popular Bill Me
Later(R) product and flexible financing programs. The rapidly growing
Bill Me Later network enables top-tier retailers and travel providers
to attract high value customers with an effortless payment experience.
In the small business sector Bill Me Later, Inc. is pioneering
payments with the Bill Me Later(R) Business service tailored
specifically for the small business buyer.
The Bill Me Later, Inc. network includes hundreds of top-tier
merchants including Amazon, Apple, Borders, Bluefly, Continental
Airlines, eLUXURY, Fujitsu, JetBlue, Toshiba, Toys "R" Us, US Airways,
Walmart.com and Zappos. Millions of consumers rely on the safety and
convenience of Bill Me Later's payment solutions when shopping online,
via phone and in-store.
Founded in 2000, Bill Me Later, Inc. is a privately held company
headquartered in Timonium, Md. with additional office locations in
Hunt Valley, Md. and San Francisco, Calif.
Please visit us at: www.billmelater.com.
About Generac Power Systems, Inc.
Since 1959, Generac Power Systems, Inc., has been a leading,
innovative manufacturer and marketer of standby generators, automatic
transfer switches, modular paralleling systems, and small engines for
recreational vehicle, residential, commercial, telecommunications and
industrial applications. Generac's generators range in output from
three to 9,000 kilowatts. For more information on Generac or its
products, visit www.generac.com.
All trademarks referenced in this press release are the property
of their respective owners.
Schwartz Communications
Jennifer Barlow or Scott Love, 781-684-0770
billmelater@schwartz-pr.com
Copyright Business Wire 2008
