St. Louis Music and GE Capital Team to Offer up to Six Months Interest-Free Credit

April 8th 2010

St. Louis Music, a division of U.S. Band and Orchestra Supplies Inc., will offer qualifying dealers up to six months interest-free credit through a financing deal with GE Capital. (Qualification and terms apply – please speak with a St. Louis Music representative for details.)

The terms are available on all St. Louis Music (SLM) instrument programs such as Alvarez, Austin, Knilling, and Paiste, and selected accessory programs as well. SLM subsidizes the program, which takes the total of any invoice and divides it into six “interest-free” monthly payments on all qualifying orders.

“Having a better chance to sell a product way before you have to pay for it improves cash flow immensely,” explains Mark Ragin, SLM’s CEO. “We hope this deal with GE Capital will allow our dealers to choose more of the product they want to offer their customers and have a huge positive financial impact upon their business.”

All SLM master order programs can be purchased through the interest-free offer and even subsequent smaller re-orders will qualify for extended terms. SLM adds, “Qualifying master order dealers can actually apply for eight monthly payments on their initial master order and will receive the same credit line throughout 2010 on re-orders, even if it’s a single instrument order. They’re incredibly advantageous terms designed to help our dealers be more profitable.”

Several programs are available, from three monthly installments up to eight monthly installments. Dealers must qualify with GE Capital. For further information please call your St. Louis Music sales representative or 1-800-727-4512 or email [email protected].

U.S. Band & Orchestra Supplies Inc. is a leading distributor of musical instruments and accessories and the corporate owner of St. Louis Music, Knilling® Stringed Instruments, Perfection® Pegs, Austin® Guitars, and Zonda™ Reeds. St. Louis Music distributes 10,000 products from over 200 of the music industry’s leading brands and manufacturers.