Snap Finance LLC
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Snap Finance LLC - overview
Established
2012
Location
Salt Lake City, UT, US
Primary Industry
Financial Services
About
Based in Utah, US, and founded in 2012, Snap Finance LLC operates as a technology-based financial services company specializing in virtual rent-to-own financing programs, and lease-to-own and loan solutions. In 2019, the firm raised an investment led by Summit Partners. The firm as of May 2024, is led by its President, Rob Barnhart. Snap Finance offers a range of financial products, including lease-to-own and retail installment contracts, that allow customers to purchase essential items and pay over time.
The company’s application process is designed to be quick and easy, with decisions made in seconds and no impact on the applicant's FICO® score. Approval amounts range from USD 300 to USD 5,000, providing flexible payment plans that align with customers' pay cycles and offer early buyout options to reduce costs. These services can be availed by firm branches Snap Loan and Snap Lease. Additionally, Snap Finance partners with a wide network of retailers, both online and in-store, helping them reach a broader customer base and increase sales.
The company's offerings include Snap Checkout for seamless integration into eCommerce platforms, enhancing the shopping experience for users, and providing merchants with fast funding.
Primary Industry
Financial Services
Sub Industries
Commercial Banks, Consumer Finance, e-Financial
Website
www.snapfinance.com
Verticals
FinTech
Total Amount Raised
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