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Nationwide Lending has entered into a new funding partnership with GE Money Third Party Solutions (GE Money).
Under the partnership GE Money will fund the mortgage manager’s branded products from May 2008.
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Managing director of GE Money Mark Rice said Nationwide Lending’s strength of management and solid distribution network made it an attractive partner.
“Nationwide has demonstrated that it has the infrastructure and drive to grow despite challenging times – it is businesses such as this that will prosper regardless of market cycles,” he said.
Nationwide chief executive Glen Jones said GE Money’s accreditation was a key vote of confidence in their standing in the industry and that he looked forward to “further growth in partnership with them”.
Published: 24-04-08
