Progressive Leasing Selected as Exclusive Lease-to-Own Partner by American Signature, Inc.

Aug 12, 2024•over 1 year ago

Contract Type

partnership

Salt Lake CityE Commerce

Description

Progressive Leasing announced an agreement to power lease-to-own payment solutions for American Signature, Inc., owner of American Signature Furniture and Value City Furniture. American Signature customers will have access to Progressive Leasing’s flexible lease-to-own payment options in-store and online, providing a seamless payment experience.

Company Information

Company

Progressive Leasing

Location

Salt Lake City, Utah, United States

About

Progressive Leasing is a leading provider of e-commerce, app-based, and in-store lease-to-own solutions owned by fintech holding company PROG Holdings, Inc.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months