FlexShopper partners with Terrace Finance to expand merchant opportunities

FlexShopper announces a partnership with Terrace Finance Corp. The relationship integrates FlexShopper’s robust lease-to-own, LTO, services into Terrace Finance’s multi-provider platform, enhancing consumer payment solution options for over 800 retail merchant locations at the end of the second quarter of 2024 with another 500 retail locations expected by the end of 2024. During the second quarter of 2024, applicants were approved for over $4.6 million of fundings. “I am excited to announce our partnership with Terrace Finance, as more and more merchants look for partners to provide expanded payment solutions to their customers,” said Russ Heiser, CEO at FlexShopper. “Our partnership with Terrace Finance provides unique opportunities that align with our mission of providing flexible payment options for consumers.”