Flexiti Signs Long-Term Agreement With EQ3 to Offer its Point-Of-Sale Consumer Financing Solution
TORONTO, Feb. 12, 2019 /CNW/ - Flexiti Financial ("Flexiti" or "the Company"), a leading point-of-sale consumer financing solutions provider for retailers announced today that EQ3, a manufacturer and retailer of custom upholstery, furniture and home accessories, has signed a long-term agreement to implement its platform. EQ3 has 14 retail locations across Canada and the United States.
"EQ3's mission is to make modern furniture accessible and that extends to the payment plans we offer our customers," said Dennis Liu, Vice President of Finance with EQ3 Ltd. "Flexiti's consumer-focused financing platform complements our commitment to provide a balance in both high-quality crafted home decor and affordability."
Flexiti's mobile, fully automated and 100% paperless process allows customers to apply for a private label credit card usable within the Flexiti network at more than 3,500 retail locations across Canada. This industry-leading solution offers EQ3 a quick and easy way to drive increased sales while making purchases more affordable for customers through flexible payment plans with low interest options.
"We're thrilled to add EQ3 to our rapidly-growing roster of retail partners," said Peter Kalen, Founder and Chief Executive Officer of Flexiti. "We're confident our technology solution will bolster sales and build brand loyalty at EQ3 as it has for so many in our network."
About Flexiti Financial Inc.
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 private label credit card issuers. Through its award-winning platform, Flexiti delivers a POS financing experience across any 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. Flexiti's joint venture with Globalive Technology demonstrates its commitment to innovation in the payments space through the development of solutions leveraging artificial intelligence. With high approval rates, innovative products and services, flexible promotional offers and a partnership-first approach, Flexiti is helping people improve their lives through better financing. For more information, visit www.flexiti.com.
About EQ3
Founded in 2001, EQ3 is a Canadian-based retailer and manufacturer committed to quality craftsmanship. EQ3 champions original design, domestic manufacturing and promotes a Canadian perspective on home furnishings within a modern environment. EQ3 offers simple, clean, functional furnishings and home accents for every room. Alongside the EQ3 line, EQ3 also offers EQ3+, a designer line featuring iconic brands like Herman Miller, Casper, Marimekko and more. EQ3 has 11 retail locations across Canada, three in the U.S., a large-scale wholesale presence and e-commerce in Canada and the United States.
SOURCE Flexiti Financial Inc.
For further information: For media inquiries: Jason Kinnear, 647-291-8026, [email protected]; Lora Meseman, 204.988.5400 Ext 4384, [email protected]
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