LG Electronics USA works out financing deal for Home 8 ESS customers

LG Electronics USA is expanding its relationship with financing company Synchrony to offer LG independent Pro Dealers a financing program to help homeowners purchase the Home 8 energy storage system.

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 energy storage.

“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 to simplify the financing application process.

“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.”

News item from LG