Retail card giant Synchrony Financial announced a new, multi-year agreement to offer a credit card program for consumers to finance products and services of Precision Door Service.
The availability of financing is important to consumers, according to Synchrony Financial’s Fourth Annual Major Purchase Consumer Study.** Seventy-five percent of Synchrony Bank cardholders in the home improvement sector surveyed said they “always” seek promotional financing when making a purchase, and 44% said they would go to another retailer, or not make a purchase at all, if financing were not available.
Synchrony Financial’s Fourth Annual 2015 Major Purchase Consumer Study, conducted by a third-party, reflects the average experience of consumers making purchases valued at $500+ in one of 13 categories, including Home Improvement.
Precision Door Service organized as an informal partnership in 1997. With aspirations of building the best garage door company in America, the founders began a franchise program in 1999 that is designed for national expansion. Precision Door Service provides outstanding garage door repair service and installation, complete customer satisfaction, and a program that rewards excellence from our franchisees, technicians, and staff.
For data, background and forecasts on Synchrony: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).