Transamerica Distribution Finance and The Bombay Company, Inc. announced Monday that TDF has been selected as Bombay’s new private label credit card provider for the company’s chain of stores, mail order and e-commerce in the United States.
“Bombay intends to continue aggressively growing our private label credit card business so we elected to change to a provider that offers our customers a superior credit card program,” said Cathy Pringle, vice president, marketing for Bombay. “Transamerica developed a comprehensive program for our customers and the financing package was very competitively priced.”
Relatively new to the private label credit card industry, TDF has made significant inroads since its entree in 1997 by partnering with well-known and respected retailers such as Bombay. Transamerica’s partnership with Bombay is also its first major entry into the furniture and home furnishings industry.
“We are excited about our partnership with Bombay,” said Gary Slagle, vice president of TDF’s retail division. “It exemplifies our commitment to provide creative financial solutions in the furniture industry.”
The Bombay Company, Inc. (NYSE: BBA) is a specialty retailer marketing classic and traditional furniture, prints and accessories through a network of 423 Bombay stores and its mail order operations in the United States and Canada as well as over the Internet at [http://www.bombayco.com].
Transamerica Distribution Finance is a single source provider of finance solutions offering asset based lending, accounts receivable servicing, commercial recovery services, inventory finance, vendor leasing, consumer and business revolving credit cards and import financing. TDF is a subsidiary of San Francisco-based Transamerica Corporation, an AEGON Company, one of the world’s largest independent financial services companies with more than $50 billion in assets. TDF has been financing manufacturers, distributors, resellers and retailers in various industries for over 40 years and currently operates in North America, South America, Europe and Asia. More information can be found on the company’s Web site, .