Brought to you by Snap Finance.
Snap Finance is changing the face and pace of lease-to-own financing with easy, fast and straightforward solutions. The company prides itself on delivering the level of integrity and transparency that retailers and their customers deserve by following these principles and best practices:
- Disclosing terms, fees and costs upfront
- Ensuring every customer understands the financing product before signing their agreement
- Educating and certifying all Snap Partners in lease-to-own best practices and policies
Snap’s proprietary decisioning platform delivers an application approval rate of up to 80%. In 2020, the company approved and served over three million customers, generating $1.5 billion in incremental sales for its partners across the country.
Snap Partners also benefit from its free marketing program, EDGE, which delivers customers to their store pre-approved and ready to shop. Together with the company’s ecommerce financing solutions, retailers can boost their omnichannel presence with minimal investment.
“Since we started offering Snap, the first year we saw an increase of a little over 30%. So if you think about the amount that you sold last. Year, and you can add 30% to that, it’s a smart decision. They make. It easy for your customer [and] they also give me leads.” —Nicholas D., Dover’s Mattress, Birmingham, AL