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Flexiti Launches Omni-Channel Buy Now Pay Later Financing at Cap-it
Wednesday, June 24, 2020

TORONTO, June 16, 2020 /CNW/ - Flexiti Financial ("Flexiti") a leading provider of point-of-sale consumer financing solutions for retailers, announced today that Cap-it, the leading retailer of recreational truck accessories, has launched its omni-channel buy now pay later financing solution.

With Flexiti's financing application, customers can easily apply for a FlexitiCard online or in-store and receive a response within minutes. The FlexitiCard can be used to make purchases in corporately owned Cap-it locations today and is rolling out to its 30+ franchised locations. This fully automated and 100% paperless process offers qualified customers a revolving credit line and flexible payment plans with 0% interest financing(1) options, eliminating the need to reapply for financing for future purchases.

"Cap-it was created out of a passion for outdoor adventure, to create products where none previously existed," said Andrew Funk, President at Cap-it. "Today, we are committed to providing our customers great value and complete satisfaction with their purchases. Flexiti's buy now pay later plans give our customers even more flexibility to get the quality truck accessories they want."

"We are excited to have Cap-it join our growing Flexiti Network," said Peter Kalen, Founder and CEO of Flexiti. "We look forward to making Canadians' outdoor adventures even more affordable and enjoyable with 0% financing options for their camper shells and accessories."


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              (1) 
            O.A.C. Terms and conditions apply.

About Cap-it
Since 1990, Cap-it(®) Genuine Truckware(TM) has established itself as a world-class retailer of quality truck accessories and camping products. Because Life's an Adventure(®), Cap-it's 30+ stores across North America provide customers and their vehicles lifestyle solutions for both work and recreation.

About Flexiti
Flexiti is Canada's fastest-growing point-of-sale lender, offering customers 0% interest financing at retailers that sell big-ticket goods like furniture, appliances, jewellery and electronics. Through its award-winning buy now pay later platform, customers can be approved instantly to shop with their FlexitiCard, which they can use online or in-store to make multiple purchases, within their credit limit, without needing to reapply. Accepted at over 5,000 locations and ecommerce sites across Canada including The Brick, Leon's, Wayfair, Birks and Peoples Jewellers, Flexiti aims to make our customers' lives more affordable and help our retail partners grow their sales by offering flexible financing options.

Flexiti's technology platform is recognized as market leading, winning ACT (Advanced Card Technologies) Canada's 2015 Technology Innovation Award for Payments Benefiting Merchants. In 2017, Flexiti was recognized in North America as the Leading Emerging Fintech by LendIt. In 2019, Flexiti was named Canada's 11th fastest growing company by the Globe and Mail, ranked 7th in the Deloitte Technology Fast 50TM program, 40th in Deloitte North America Technology Fast 500TM, and ranked within the Top 50 Fintech Companies in Canada by the Digital Finance Institute. In 2020, Flexiti ranked 29th in The Americas' 500 Fastest Growing Companies by the Financial Times. For more information, visit www.flexiti.com.

SOURCE Flexiti Financial Inc.



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