TORONTO, May 26, 2020 /CNW/ -Flexiti Financial ("Flexiti") a leading provider of point-of-sale consumer financing solutions for retailers, announced today that Fountain Tire, one of Canada's leading tire and automotive service providers, has launched its online financing solution. With the Flexiti financing solution, Fountain Tire customers have access to 0% interest financing plans1 to make their automotive expenses more affordable.
With Flexiti's financing application implemented into Fountain Tire's website, customers can easily apply for a FlexitiCard and receive a response within minutes. The FlexitiCard can be used to make purchases on a variety of financing plans in-store. This fully automated and 100% paperless process offers qualified customers a revolving credit line and flexible payment plans with 0% interest1 options, eliminating the need to reapply for financing for future purchases.
"At Fountain Tire we say, 'We're on this road together,' and that includes providing our customers with flexible payment options" says Denise Gohl-Eacrett, Director, Brand and Customer Experience at Fountain Tire. "Canadians are being more cost-conscious and relying on regular maintenance to extend the life of their vehicles. This partnership with Flexiti offers our customers another option to keep their finances in check while ensuring the longevity of their vehicles and keeping safe on the road."
"We are thrilled to add Fountain Tire to our rapidly expanding Flexiti Network," said Peter Kalen, Founder and CEO of Flexiti. "In today's economic climate, more and more customers will seek flexible payment solutions for tires and maintenance costs or unexpected expenses. With Flexiti's 0% interest financing, Fountain Tire customers can pay for tires, repairs and other vehicle services over time."
Subject to the Flexiti Cardholder Agreement. Interest applies if promotion expires without full payment.
About Fountain Tire Established in 1956, Fountain Tire is one of Canada's premier tire and automotive service networks with 160 locations spanning Central and Western Canada from Vaughan, north of Toronto, to Victoria, British Columbia. The company is also a leading provider of tires and tire-related services to commercial truck fleets and off-road vehicles used in the agriculture, oil and gas, mining, and construction sectors. The majority of Fountain Tire managers own equity in their stores. This partnership-based business model combines community-invested store management with corporate intelligence to provide service that truly puts the customer first. The company's shared ownership business model has enabled it to be named among Canada's "Best Managed Companies" every year since 1994. For more information, visit fountaintire.com.
About Flexiti Flexiti has reimagined point-of-sale (POS) consumer financing to drive sales for retailers in-store and online and is one of Canada's leading providers of flexible payment solutions. Through our award-winning, globally scalable platform, we deliver a financing experience across any internet-enabled device that is customer-centric, simple and intuitive. Without the need to integrate into existing POS systems, retail partners can easily offer the same fast and paperless financing solution across all retail locations and sales channels to increase revenue and build loyalty through repeat purchases. With high approval rates, innovative products and services, flexible promotional offers and a partnership-first approach, Flexiti is helping people improve their lives through flexible financing.
Flexiti's technology platform is recognized as market leading, winning ACT (Advanced Card Technologies) Canada's 2015 Technology Innovation Award for Payments Benefiting Merchants and the 2015 Silver Technology Innovation Award for Canadian Payments Benefiting Consumers. In 2017, Flexiti was recognized in North America as the Leading Emerging Fintech by LendIt. In 2019, Flexiti was named Canada's 11th fastest growing company by the Globe and Mail, ranked 7th in the Deloitte Technology Fast 50TM program, 40th in Deloitte North America Technology Fast 500TM, and ranked within the Top 50 Fintech Companies in Canada by the Digital Finance Institute. In 2020, Flexiti ranked 29th in The Americas' 500 Fastest Growing Companies by the Financial Times. For more information, visit www.flexiti.com.
SOURCE Flexiti Financial Inc.
For further information: Media Contact: Jason Kinnear, [email protected], 647-291-8026