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Second-Look Financing: Purchasing Solutions for Consumers Not Well-Served by Prime Lenders

Posted by Michael McGinnis

Oct 29, 2024 9:18:20 AM

Shifting economic conditions have resulted in consumers facing higher prices for everyday goods. As a consequence, many find themselves with limited access to cash reserves for non-essential purchases. This forces them to make daily decisions about how they'll pay for both small- and large-ticket purchases.

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Concora Credit Acquires Great American Finance's Private Label Portfolio

Posted by Michael McGinnis

Oct 28, 2024 2:33:08 PM

Concora Credit announced today it has acquired Great American Finance Company’s private label portfolio and merchant relationships. ‘We think this is a great opportunity for our merchant partners to benefit from the scale and experience Concora Credit brings to the table,’ said Tom Anderson, CEO of Great American Finance.

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Rolando De Gracia joins Concora Credit as Head of Cobrand Partnerships

Posted by Michael McGinnis

Oct 28, 2024 1:39:33 PM

Rolando De Gracia has joined Concora Credit as the Head of Cobrand Partnerships. Rolando brings deep experience to the company as it looks to expand its credit card servicing business, which now includes Acima Classic Credit, Indigo, Milestone, Destiny, and Earniva Mastercard programs. In his new role, De Gracia will be working to partner with new cobrand partners and expanding distribution opportunities for the existing programs.

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Genesis Financial Solutions rebrands as Concora Credit

Posted by Michael McGinnis

Oct 24, 2024 1:20:58 PM

Genesis Financial Solutions has rebranded itself as Concora Credit. The company has also launched a new website, about.concoracredit.com, to support the new brand and a new tagline, Do More with Concora Credit. The new brand is rooted in helping consumers Do More with Credit.

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Concora Credit Partners with Gardner White, Michigan’s #1 Furniture & Mattress Retailer

Posted by Michael McGinnis

Oct 24, 2024 11:43:05 AM

Concora Credit, a leader in near-prime consumer financial services, and Gardner White, Michigan’s #1 furniture and mattress retailer, announced a new strategic financing partnership today. The multi-year agreement enables Gardner White customers to get the home they’ve always wanted today while they pay over time.

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How Second-Look Financing Can Help Merchants Grow and Stay Competitive

Posted by Leann Cradit

Sep 30, 2024 2:14:30 PM

Merchants are constantly seeking innovative solutions to boost their bottom line and cater to a broader customer base. One such financial tool gaining traction is second-look financing, also known as secondary financing. In this article, we'll provide a comprehensive overview of second-look financing, explain why it's crucial for merchants, and demonstrate how it can help you expand your business.

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