Progressive Leasing

Progressive Leasing is a fintech company based in Draper, Utah, that specializes in e-commerce, app-based, and in-store lease-to-own solutions. Founded in 1999, it operates as a subsidiary of PROG Holdings, Inc. The company offers a lease-to-own program that allows customers to acquire a variety of products, including furniture, appliances, electronics, and more, without the need for traditional credit approval. The approval process is designed to be accessible, using a proprietary technology platform that evaluates multiple financial data points beyond just credit scores. This approach enables many consumers with limited or less-than-perfect credit histories to qualify. Progressive Leasing provides flexible lease terms, allowing customers to align payments with their paydays and offering options to pay off leases early or cancel at any time. With partnerships across thousands of retail locations, customers can shop in-store or online and enjoy an easy application process with instant approval decisions. The company is committed to financial empowerment and inclusivity, helping consumers achieve merchandise ownership through transparent and flexible payment solutions.