With 35% of the population struggling with subprime credit scores, many merchants lose sales when these customers don’t qualify for traditional lending options. Progressive Leasing solves this problem at over 20,000+ retail locations with our custom-built NO CREDIT NEEDED lease-to-own purchase option. When retailers offer multiple options for customers of all credit types, they can start saying “YES” and stop seeing customers walk away empty handed.
Capturing primary turn downs is only the beginning. With Progressive, merchants start approving up to 65- 75% of primary denials. This means an increase in revenue AND happy customers.
Contact us today and start saying “YES” to your customers!
Nicole dreamed of replacing her old, ratty sofa, but with less-than-perfect-credit, she was afraid she would have to settle for the cheapest option. Despite having a good job, Nicole had suffered a job loss the previous year, and her credit was affected as a result. She found she didn’t qualify under traditional lending requirements.
She shopped at several retailers with no luck. At her final stop, a sales associate suggested Nicole try Progressive Leasing’s NO CREDIT NEEDED option. For the first time, Nicole heard a “yes.” She was able to replace her sofa with an entire living room set and had enough left to get a TV stand as well.
She walked out of the store that day a loyal customer with the living room of her dreams, thanks to Progressive Leasing.