Progressive Leasing is the largest and longest-tenured virtual lease-to-own provider in the United States. Founded in 1999, the company pioneered the virtual lease-to-own purchase option, revolutionizing how consumers with less-than-perfect credit can acquire the products they need. With more than 20 years in FinTech, Progressive Leasing has grown from a startup to an industry leader, helping millions of customers access furniture, appliances, electronics, jewelry, mattresses, and cell phones through flexible payment solutions.
The company partners with some of the nation's largest retailers, including Lowe's, Best Buy, Mattress Firm, Guitar Center, and Cricket Wireless. As a subsidiary of PROG Holdings, Inc. (NYSE: PRG), Progressive Leasing leverages advanced technology and data analytics to provide transparent and competitive lease-to-own solutions through in-store, e-commerce, and mobile app platforms. Their underwriting process considers multiple data points beyond traditional credit scores, making financial empowerment accessible to a broader range of consumers.
