FlexShopper Partners with Tire Agent to Expand Tire Shopping Options for Near-Prime Credit Consumers
December 16 2024 - 7:00AM
FlexShopper (NASDAQ: FPAY), a leading provider of lease-to-own
payment solutions, is pleased to announce a new partnership with
Tire Agent. Tire Agent currently originates over $100 million in
lease-to-own transactions annually and is a two-time honoree on the
Inc. 5000 list of the fastest-growing companies in 2023 and 2024.
This new collaboration integrates FlexShopper’s payment solutions
directly onto Tire Agent’s website and establishes Tire Agent as
the preferred online tire retailer on the FlexShopper marketplace.
The partnership also launches flexshopper.tireagent.com as the
combination of Tire Agent’s top-tier tire and wheel inventory with
FlexShopper’s flexible payment options.
This partnership is tailored to support near-prime credit
consumers—individuals who may not qualify for traditional prime
financing but still need access to flexible payment solutions for
essential purchases. Tire Agent’s dedication to making tire
purchases more accessible aligns perfectly with FlexShopper’s
mission to offer affordable payment alternatives.
“We are excited to partner with Tire Agent, a company that
shares our commitment to improving consumer access to vital
products,” said Russ Heiser, CEO of FlexShopper. “Our lease-to-own
payment solution provides Tire Agent with the perfect option for
near-prime credit customers, allowing them to afford high-quality
tires that are essential for their safety and the reliability of
their vehicles.”
Through this partnership, Tire Agent customers can access
FlexShopper’s payment option by selecting PayPair at checkout and
choosing FlexShopper. This allows customers to spread payments over
time without the need for traditional credit approvals.
Alternatively, customers can visit flexshopper.tireagent.com to
take direct advantage of this flexible payment option, giving
near-prime credit consumers the confidence to purchase the tires
they need to keep their vehicles safe and operational.
“At Tire Agent, we’re dedicated to helping hardworking
individuals who rely on their vehicles for everyday tasks—whether
it’s commuting to work, driving children to school, or running
errands—get the tires they need at an affordable price,” said Jared
Kugel, CEO of Tire Agent. “We’re thrilled to partner with
FlexShopper, as their payment solution helps us further our mission
of providing customers of all credit types with access to safe,
reliable, and high-quality tires.”
FlexShopper continues to expand its network of partners to bring
flexible payment options to underserved credit tiers. This
collaboration with Tire Agent underscores both companies’ shared
goal of ensuring consumers have access to the essential products
they need to thrive.
For more information about FlexShopper, visit
www.FlexShopper.com. To explore Tire Agent’s tire inventory and
payment options, visit www.TireAgent.com.
About FlexShopperFlexShopper is a leading
provider of lease-to-own payment solutions, offering consumers a
flexible alternative to traditional credit through its LTO program.
With a focus on providing access to durable goods and other
essential products, FlexShopper empowers customers with payment
plans tailored to fit their budgets.
About Tire AgentTire Agent is a rapidly growing
online tire retailer offering a wide variety of tire brands at
competitive prices. Recognized as a two-time honoree on the Inc.
5000 list of the fastest-growing companies, Tire Agent is committed
to delivering a seamless and customer-friendly shopping experience
for drivers of all credit types.
Company Contact:FlexShopper, Inc.Investor
Relationsir@flexshopper.com
Investor and Media ContactAndrew
BergerManaging DirectorSM Berger & Company, Inc.Tel (216)
464-6400andrew@smberger.com
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