Flexiti Financial Chosen as the Preferred POS Financing Platform for The Toro Company’s Canadian Dealers
- Posted by Flexiti Financial
- On May 26, 2017
Toronto, May 26, 2017 – Flexiti Financial, a leading provider of point-of-sale (POS) financing and payment technology for retailers, today announced that it has been chosen as the preferred POS financing platform for The Toro Company’s group of dealers across Canada.
The Toro Company is a global provider of outdoor maintenance equipment for golf courses, sports fields, public parks and green spaces, commercial and residential properties and agricultural fields. Flexiti Financial’s award-winning POS financing platform provides Toro’s Canadian dealers with the opportunity to drive sales and customer loyalty through creative and flexible consumer financing offerings. Flexiti Financial’s unique technology, advanced algorithm and customer service allows Toro’s dealers to offer customized payment plans at interest rates significantly below current credit options on the market, and confidently approve more people than a typical financial institution in as little as three minutes.
“As a global leader in the outdoor equipment space, The Toro Company represents an important partnership for Flexiti Financial,” said Peter Kalen, Founder and CEO of Flexiti Financial. “The opportunity allows us broaden our expertise in to the dealership space across Canada, while offering Toro a new and unique financing platform as a tool to increase sales.”
The partnership is to take effect immediately.
About The Toro Company
The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf, snow and ground engaging equipment, and irrigation and outdoor lighting solutions. With sales of $2.4 billion in fiscal 2016, Toro’s global presence extends to more than 90 countries. Through constant innovation and caring relationships built on trust and integrity, Toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, landscapes, sports fields, public green spaces, commercial and residential properties and agricultural fields. For more information, visit www.toro.com.
About Flexiti Financial
Flexiti Financial is a Canadian sales financing company founded in 2013. We help retail businesses increase sales by providing instant consumer financing at the Point-of-Sale (POS), with higher approval rates and superior customer service compared to other providers. Using Flexiti Financial’s award-winning mobile application process, customers can apply for financing and receive approval within minutes – no paperwork, no scanning and mailing, plus retailers get paid within two business days. Today, over 10,000 customers use Flexiti financing in over 1,000 locations across Canada. The company was named Best Emerging Consumer Lending Platform by LendIt, which recognizes Flexiti Financial’s platform as having the greatest potential to impact the future of consumer lending. Flexiti Financial is backed by some of Canada’s leading investors including Globalive Capital Inc. For more information, visit www.flexitifinancial.com.