Overview
Description
Prog Holdings Inc. operates as a financial solutions provider, primarily recognized for its progressive leasing model. The company is instrumental in offering alternative financial solutions to consumer-oriented retailers, enabling customers, often with limited credit options, to lease merchandise such as electronics, furniture, and appliances. Notably, Prog Holdings facilitates this through a no-credit-needed payment model, thus broadening the accessibility for consumers to acquire essential goods.
Capitulating on its market expertise, Prog Holdings partners with a wide array of retail and e-commerce platforms, providing integrated solutions that support customer transactions. This service model not only aids retailers in improving sales but also enhances customer satisfaction by providing flexible payment alternatives. Headquartered in Draper, Utah, Prog Holdings significantly contributes to the retail and consumer financial landscapes by bridging the gap between credit-constrained consumers and retailers looking to expand their customer base. Its focus on financial inclusivity positions Prog Holdings as a pivotal player in the evolving consumer finance sector.
About
CEO
Mr. Steven A. Michaels
Employees
1403
Address
256 West Data Drive
Draper, 84020-2315, UT
United States
Draper, 84020-2315, UT
United States
Phone
385 351 1369
Website
Instrument type
Common stock
Sector
Industrials
Industry
Rental & Leasing Services
Country
United States
MIC code
XNYS