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Progressive Leasing

Provides lease-to-own financing at retail points of sale.

Discussion
ecommercefinancial-servicesfintechretail

Company facts

Founded
1999
Employees
1,240
Headquarters
United States
CEO
Steven A. Michaels
Type
Public
Listed
NYSE: PRG

About

What started in 1999, when Progressive Leasing introduced the world to virtual lease-to-own purchase options, has grown into a significant player in the financial services industry. This innovative concept allowed retailers to provide alternative lease-purchase options to consumers, particularly benefiting those with less-than-perfect credit. Progressive Leasing collaborates with numerous major retailers across the United States, helping millions of people acquire essential goods—ranging from furniture and electronics to jewelry and tires. Their services empower customers to take home their desired products immediately while facilitating an easy and flexible payment process. Further enhancing their offerings, Progressive Leasing utilizes a technology-driven proprietary platform that provides instant decision-making results, enabling efficient in-store and online shopping experiences. They pride themselves on understanding the financial challenges many face, emphasizing a no-credit-needed approval process that considers a multitude of data points beyond just credit scores. The company's commitment to customer service and financial empowerment is evident in the positive testimonials they receive, exemplified by their mission to unlock the possibilities for a better tomorrow.

6 jobs

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