RTO National Acquires Consumer Lease Portfolio from US Credit, Inc.
April 29, 2019 Business News(PRLEAP.COM) RTO National, North America's largest provider of consumer lease purchase and installment contracts to the backyard products industry, is pleased to announce that it recently acquired the backyard products lease portfolio from US Credit, Inc.
US Credit, Inc., a specialized consumer finance company based in Florida, primarily serving the portable shed, steel building and home improvement industries, is focusing on building their finance portfolio. The disposition of their lease portfolio is key to achieving their strategic initiatives.
Phil Falls, RTO National founder and President, said "The portfolio acquisition provides RTO National with an even greater presence in Florida. We have a long and positive relationship with the team at US Credit. Florida continues to be an important market for us and being able to increase our presence by working with the team at US Credit was a win/win for both of us."
More About RTO National
Based in Greenville, SC, Phil Falls founded RTO National's parent company, BetterBuilt Storage, in 2003. BetterBuilt Storage manufactured storage sheds in South Carolina which were retailed at more than 60 locations, primarily in the Southeast. In 2008, RTO National was formed to operate as the financial services division of BetterBuilt Storage and has grown to become North America's largest provider of consumer lease purchase and installment contracts to the backyard products industry. Operating in 45 states, RTO National continues its success by being a leader in offering innovative market products backed by an experienced direct sales force working with independent dealers. Additional information about RTO National may be found online at www.rtonational.com.
For More Information:
Marketing Director, RTO National
(877) 567-1160 x537
SOURCE RTO National