PLANO, Texas — Acima Leasing, a provider of lease-to-own (LTO) solutions and a business division of Upbound Group, Inc. is partnering with Home News Now 125 retailer Slumberland to make Acima Leasing services available at Slumberland’s corporate stores. Acima Leasing also will be the preferred LTO provider for Slumberland’s franchise locations.
“The Slumberland Furniture mission is to improve the life of each customer, and this partnership with Acima Leasing ensures inclusivity for credit-challenged customers through a lease-purchase transaction,” said Kenny Larson, chief executive officer of Slumberland Furniture. “We aim to excel in customer satisfaction, and Acima Leasing will allow us to serve more customers by providing them with options to get the home furnishings they desire.”
“This partnership will enable Slumberland Furniture to help consumers in the Midwest with less-than-perfect credit to get brand-name mattresses and furniture,” said Mike Bagull, senior vice president, business development and partnerships at Acima. “We’re honored to be the first LTO company to work with Slumberland Furniture, and we look forward to a long and collaborative partnership.”
Acima Leasing provides innovative technology that enables underserved customers to shop without using credit. Through its flexible, point-of-sale platform, Acima Leasing offers lease-to-own solutions to retailers that allow customers to access bigger ticket items such as furniture, tires, mattresses, appliances, electronics, jewelry, and more. In turn, LTO customers are able to use and enjoy eligible brand-name merchandise with no long-term obligation, and they have multiple options, if desired, to purchase the leased merchandise.