Financeit risk score

Financeit, established in 2011 and headquartered in Toronto, Canada, is a prominent provider in the Consumer Lending and FinTech sectors. Specializing in point-of-sale financing, Financeit has become a trusted partner for over 10,000 businesses spanning home improvement, recreational vehicles, and retail sectors. The company excels in transforming big purchase anxieties into manageable monthly payment solutions for customers, thereby enhancing sales closure rates for businesses.

The core of Financeit's offering is its advanced, user-friendly platform that effortlessly integrates financing solutions into the sales process, assisting businesses of various scales to boost their conversion rates. By collaborating with top Original Equipment Manufacturers (OEMs), distributors, and associations, Financeit is able to provide not only competitive pricing and promotional offers but also valuable networking opportunities, all designed to support the growth and success of its partners.

On October 5, 2023, Financeit expanded its capabilities and market presence by amalgamating with Simply Group Financial Corp., SNAP Home Finance Corp., and selected assets of EcoHome Financial. This strategic move has further solidified Financeit's position as an industry leader, broadening its reach and enhancing its service offerings.

As a licensed financial service provider, Financeit adheres to strict regulatory standards to ensure transparent and secure operations. The integration of robust compliance measures and the application of high-security protocols safeguard the interests and personal data of both merchants and customers. This commitment to excellence and security makes Financeit a reliable choice in the financial services landscape, marking it as a distinguished entity that continuously innovates to meet the dynamic needs of the market.