January 31, 2017

Flexiti Financial secures access to over 1,000 new retail locations

TORONTO -- Flexiti Financial, a leading provider of Point-Of-Sale (POS) financing and payment technology for retailers, today announced that it has secured access to over 1,000 new retail locations through a series of customer and partner wins, including Spence Diamonds, the Canadian Jewellers Association, Starkey Hearing Technologies, Andre's Electronics and Wicker Emporium. Together, these wins demonstrate continued momentum for Flexiti Financial's customer acquisition strategy and adoption of its award-winning POS lending platform by retailers across Canada.

"Flexiti Financial has been an exceptional partner for Andre's Electronics – their POS lending technology is simple and easy-to-use, and they have provided us with the tools and support to train our staff to confidently offer a unique set of financing options based on our customers' needs," says Andre Blanleil, president of Andre's Group of Companies. "As a result, customers have enjoyed quick and easy approvals and we have seen a significant increase in sales volume since we switched to Flexiti Financial."

Flexiti Financial's credit technology and service platform allows retailers to instantly offer their customers low or no-interest financing, convert large purchases into monthly or deferred payment plans and establish a dedicated line of credit by creating a virtual private label card. Retail partners have reported upwards of 250 per cent increase in sales via financing options as a result of c's technology.

"Our goal to help retailers generate more business through the creative use of financing, while offering consumers flexible payment options is clearly resonating," says Peter Kalen, Founder and CEO of Flexiti Financial. "Retailers across Canada continue to see the value in our industry-leading technology and financing service, which requires no integration with a merchant's current POS system, offers customers the ability to quickly apply and receive approval for financing, and consistently approves more customers than our competition."



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