Acima Leasing inks LTO agreement with Slumberland Furniture

PLANO, Texas — Acima Leasing, a provider of lease-to-own (LTO) solutions and a business of Upbound Group, is partnering with Top 30 furniture retailer Slumberland Furniture in a multi-year agreement will make Acima Leasing available at Slumberland corporate stores in Iowa, Illinois, Kansas, South Dakota and Nebraska. The agreement will also see Acima Leasing become the preferred LTO provider for Slumberland’s franchise locations.

“The Slumberland Furniture mission is to improve the life of each customer, and this partnership with Acima Leasing ensures inclusivity for credit-challenged customers through a lease-purchase transaction,” said Kenny Larson, CEO of Slumberland Furniture. “We aim to excel in customer satisfaction, and Acima Leasing will allow us to serve more customers by providing them with options to get the home furnishings they desire.”

“This partnership will enable Slumberland Furniture to help consumers in the Midwest with less-than-perfect credit to get brand-name mattresses and furniture,” said Mike Bagull, senior vice president of business development and partnerships at Acima. “We’re honored to be the first LTO company to work with Slumberland Furniture, and we look forward to a long and collaborative partnership.”

Acima Leasing uses new technology to help customers shop without credit. Their platform offers lease-to-own options at retailers, allowing customers to get items like furniture, tires, mattresses, appliances, electronics and jewelry.

See also:

  • Levin Furniture signs multi-year deal with Acima Leasing
  • Versatile Credit adds Acima prequalification tool to its platform

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