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FMG, Wells Fargo Extend Credit Card Deal
March 23,
2011 by in UnCategorized 
By Home Furnishings Business in Business Strategy on March 24, 2011
Furniture Marketing Group (FMG), has extended its contract to offer a private label credit card program through
Wells Fargo Retail Services.
Were pleased to extend and strengthen our business relationship with Wells Fargo Retail Services, said Mike Herschel, executive director of FMG. Our relationship has certainly strengthened over the past few years as Wells Fargo has offered industry leading finance rates along with excellent customer service, technology, approval processing, and Internet capabilities. The last two years have solidified their reputation as a strong consumer finance provider.
With the expansion of the relationship, Wells Fargo Retail Services will provide participating FMG members with account management, sales and customer service, comprehensive sales training, marketing support and integrated technology. The FMG private label credit card program features fast credit decisions, quick funding, generous credit lines, and application processing. The customers of FMG members will enjoy low monthly payments, competitive interest rates, a convenient tool for add-on purchases, and the flexibility to buy today and pay over time.
Wells Fargos Online Resource Center gives participating FMG members access to tools and services that help increase sales and track revenues. This includes anytime training, business promotions, customer education, payment tracking, and the ability to view transaction histories and account activity at any time. The Online Resource Center is also the place where credit applications are approvedin most cases, in less than a minute.
We are committed to providing the value-added service and support necessary to help each participating Furniture Marketing Group member grow their business and strengthen customer relationships, said Kevin Johnson, vice president for Wells Fargo Retail Services.
Furniture Marketing Group has 95 members with more than 750 stores throughout the U.S. Annual furniture and bedding sales for all of the members is approaching $2 billion.