Daily News
From Home Furnishing Business
FMG Teams with LendPro
July 21,
2014 by in Furniture Retailing, Industry
FMG currently represents 110 member retailers, having more than 780 storefronts with cumulative annual sales approaching $3 billion.
The partnership looks to 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 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 also are FMG partners.