Acima Leasing, one of the nation's leading providers of lease-to-own ("LTO") solutions and a business of Upbound Group, Inc. signed an exclusive multi-year agreement with a leading, top 501 home furnishings retailer, Levin Furniture & Mattress. Acima Leasing provides consumers with flexible shopping options to obtain access to furniture, mattresses, and accessories without any long-term obligation. Acima Leasing is opening the door for credit-challenged customers of Levin Furniture & Mattress through a lease-purchase transaction.

Millions of consumers in the United States have little to no access to traditional credit needed to meet their shopping needs, making lease-to-own an ideal option for both customers and retailers. Acima Leasing's flexible lease-to-own solutions provide retail partners with the opportunity to increase sales by attracting previously out-of-reach, underserved customers through greater shopping power afforded by LTO. Retailers can also reduce their payment risk because Acima purchases eligible items directly from the retailer, which Acima then leases to approved customers.

Acima Leasing is a leading provider of lease-to-own solutions for retailers and consumers with innovative technology that enables underserved customers the flexibility to shop in-store and online despite having imperfect credit. Through its flexible, point-of-sale platform, Acima Leasing provides lease-to-own solutions to online and brick-and-mortar retailers that allow customers to access bigger ticket items such as furniture, tires, mattresses, appliances, electronics, jewelry, and more. LTO customers are able to use and enjoy eligible brand name merchandise with no long-term obligation and have multiple options, if desired, to purchase the leased property.