Founded in 1999, Progressive Leasing is a leading provider of lease-to-own solutions that allow consumers, often with less-than-perfect credit, to acquire merchandise from retail partners. The company's business model involves purchasing items selected by customers from retailers and then leasing those items to the customers. Customers make recurring payments and have the option to own the merchandise after fulfilling the lease agreement. Progressive Leasing is a segment of its parent company, PROG Holdings, Inc. (NYSE: PRG), and aims to provide simple, transparent, and affordable purchase options.

Founded in

United States