FMG Partners with LendPro

Furniture World News Desk on 7/19/2014

LendPro reported that it has signed a partnership with the largest volume furniture buying cooperative in the nation, Furniture Marketing Group (FMG). FMG currently represents 110 member retailers having over 780 storefronts with cumulative annual sales approaching $3 billion. This partnership will provide FMG member retailers an easy-to-use, efficient, and highly effective multi-lender platform to finance more sales, thereby increasing sales. FMG will market LendPro's Open-to-Buy retail consumer finance technology directly to its 110 members, many of which are Top 100 ranked home furnishings retailers. FMG members Bernie & Phyls, Weekends Only, John V Schultz, Furniture Fair, and Homemakers are among those currently running LendPro's Open-to-Buy system.

FMG members will receive a special subscription price and also a rebate based on member participation. Current LendPro lender partners - Wells Fargo, Fortiva, and Genesis Financial - are also FMG partners. Leveraging these lender partners together with LendPro's automated retail consumer finance platform and optional kiosk technology will provide the Furniture Marketing Group more value.


About LendPro: LendPro LLC leverages its founder's years of experience in big-ticket retail and consumer finance to offer an exciting new program for big-ticket merchants, lenders, and consumers. The Open-to-Buy consumer finance application process is a cloud-based, Software-as-a-Service (SaaS) platform that enables consumers to apply for a retail finance program, offered by one of LendPro's many lender partners, anywhere they are, for use at one of LendPro's big-ticket merchant partners.

What makes LendPro's Open-to-Buy platform unique and extremely valuable is the variety of consumer finance lender partners integrated in the Open-to-Buy ecosystem that covers a wide range of consumer credit profiles with the aim of quickly, privately, and efficiently approving consumers for a finance program good for use in LendPro's participating member merchants. For more information visit www.mylendpro.com.