Tag Archives: RTO

Aaron’s Acquires Progressive in Move to Transform Business

Aaron's

ATLANTA-Rent-to-own retailer Aaron’s has purchased Progressive Finance Holdings from equity firm Summit Partners, gaining an entry in what the company described in a statement as the “virtual rent-to-own” market. Progressive is a provider of virtual lease-to-own programs, offering point-of-sale lease and purchase programs to shoppers who don’t qualify for more traditional financing. According to theMore »

Last updated: April 15, 2014