At our discount furniture outlet we offer a Progressive financing option. The details are as follows:
Progressive finance is a hybrid furniture lease/purchase program
9 out of 10 home furniture customers are approved regardless of their credit history.
Instead of using a credit history, our approvals are based on two factors: income and length of time at a job.
Progressive purchases the home furnishing products for you after which you lease back the items with monthly payments. Lease payments are 15% of the invoice per month. example: $1,000 invoice = $150/mo payment. The terms of the lease/purchase agreement are for 12 months.
All the customer needs to provide are these 3 simple documents to verify the requirements and receive approval.