PROG Holdings, Inc.

PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions, catering to underserved and credit-challenged customers. Through its Progressive Leasing segment, the company offers lease-purchase solutions for a wide range of merchandise, including furniture, appliances, electronics, jewelry, mobile phones, mattresses, and automobile electronics. This is facilitated through various retail partners, both in-store and online. The Vive segment provides second-look and revolving credit products to customers who may not qualify for traditional prime lending, utilizing private label and Vive-branded credit cards. PROG Holdings, Inc. generates revenue by providing lease-purchase solutions through a vast network of third-party point-of-sale partner locations and e-commerce websites across 49 states and the District of Columbia.

Products

• Lease-purchase solutions for furniture, appliances, electronics, jewelry, mobile phones, mattresses, and automobile electronics

• Second-look and revolving credit products