Canadian point-of-sale financing leader Financeit has launched its first direct-to-consumer personal loan program in the home improvement lending space.
In response to the ever evolving needs of consumers, the personal loan program was created to help valued customers fund existing and unexpected home improvement projects, while helping renovators expand their projects, manage cash flow, and gain more flexibility.
The program offers personal loans to customers who have received a loan through the Financeit merchant network and provides them with the opportunity to receive an additional loan paid directly into their bank account.
This new program is available exclusively through the Financeit merchant network which includes 12,000 existing home improvement partners. The loans are available to existing customers for up to $20,000 with flexible terms.
“Financeit is excited to launch this innovative new product based on Canadian’s adapting needs. Our customers have been asking for the ability to get a direct to consumer loan for years from us and we are thrilled to announce this new program is available today to help people renovate their homes and provide financial flexibility in a difficult economy,” says Financeit CEO, Casper Wong.
This product launch is one of several 2024 milestones expected on Financeit’s innovation roadmap, as the company expands their offerings to borrowers and merchants.
Read the full article here
