Retailers cite ability to offer a broader range of financing offerings, quick approvals at the point-of-sale, and increased sales as a clear advantage of using Flexiti Financial vs. the competition
TORONTO, Jan. 31, 2017 /CNW/ - Flexiti Financial, a leading provider of Point-Of-Sale (POS) financing and payment technology for retailers, today announced that it has secured access to over 1,000 new retail locations through a series of customer and partner wins, including Spence Diamonds, the Canadian Jewellers Association, Starkey Hearing Technologies, Andre's Electronics and Wicker Emporium. Together, these wins demonstrate continued momentum for Flexiti Financial's customer acquisition strategy and adoption of its award-winning POS lending platform by retailers across Canada.
"Flexiti Financial has been an exceptional partner for Andre's Electronics – their POS lending technology is simple and easy-to-use, and they have provided us with the tools and support to train our staff to confidently offer a unique set of financing options based on our customers' needs," says Andre Blanleil, President of Andre's Group of Companies. "As a result, customers have enjoyed quick and easy approvals and we have seen a significant increase in sales volume since we switched to Flexiti Financial."
Flexiti Financial's credit technology and service platform allows retailers to instantly offer their customers low or no-interest financing, convert large purchases into monthly or deferred payment plans and establish a dedicated line of credit by creating a virtual private label card. Retail partners have reported upwards of 250% increase in sales via financing options as a result of Flexiti Financial's technology.
"Our goal to help retailers generate more business through the creative use of financing, while offering consumers flexible payment options is clearly resonating," says Peter Kalen, Founder and CEO of Flexiti Financial. "Retailers across Canada continue to see the value in our industry-leading technology and financing service, which requires no integration with a merchant's current POS system, offers customers the ability to quickly apply and receive approval for financing, and consistently approves more customers than our competition."
About Flexiti Financial
Flexiti Financial is a Canadian sales financing company founded in 2013. We help retail businesses increase sales by providing instant consumer financing at the POS, with higher approval rates and superior customer service compared to other providers. Using Flexiti Financial's award-winning mobile application process, customers can apply for financing and receive approval within minutes – no paperwork, no scanning and mailing, plus retailers get paid within two business days. Today, over 5000 customers use Flexiti financing in 1000+ locations across Canada. Flexiti Financial is backed by some of Canada's leading investors including Globalive Capital Inc. For more information, visit www.flexitifinancial.com.
About Andre's Electronics
100% Canadian and family owned and operated since 1976, Andre's Electronics offers our clients a vast selection of the leading home electronics and car audio products available on the market today. We pride ourselves on unparalleled customer service, helping our clients choose the best products for their lifestyle, while offering custom design and implementation to ensure the finest possible experience at home or on the road. Andre's Electronics has been a TELUS authorized dealer for 23 years, with 12 full-service locations and seven TELUS cellular locations. We currently have 20 stores, including a dedicated car audio location carrying the industry's top brands, serving ten communities throughout Interior British Columbia.
SOURCE Flexiti Financial
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For further information: Media Contact: Jason Kinnear, [email protected], 647.291.8026