Merchants Preferred
Founded Year
2011Stage
Acquired | AcquiredTotal Raised
$29MValuation
$0000About Merchants Preferred
Merchants Preferred provides lease-purchase services to customers of quality furniture dealers who prefer to lease the goods they need now and acquire ownership at no additional cost at the end of the lease term.
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Latest Merchants Preferred News
Jan 22, 2020
Rent-A-Center advances leasing program Rent-A-Center (NASDAQ: RCII ) unveils its new preferred lease service offering. The retailer calls the new preferred lease service a combination of Acceptance Now's staffed lease-to-own business model and the Merchants Preferred's virtual lease-to-own business. "In the last year, Rent-A-Center successfully acquired and integrated Merchants Preferred, advancing our existing capabilities into the most comprehensive offering in the industry," says Rent-A-Center CEO Mitch Fadel.
Merchants Preferred Frequently Asked Questions (FAQ)
When was Merchants Preferred founded?
Merchants Preferred was founded in 2011.
Where is Merchants Preferred's headquarters?
Merchants Preferred's headquarters is located at 5500 Interstate North Parkway, Atlanta.
What is Merchants Preferred's latest funding round?
Merchants Preferred's latest funding round is Acquired.
How much did Merchants Preferred raise?
Merchants Preferred raised a total of $29M.
Who are the investors of Merchants Preferred?
Investors of Merchants Preferred include Rent-A-Center.
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