NEWS & EVENTS

Learn About What's Going On At Genesis

June 14, 2018

Genesis Credit Achieves All-time High in Originations

Beaverton, OR— June 14, 2018, Genesis Credit, the nation’s leader in second-look financing, achieved an all-time high in originations. Memorial Day Weekend closed the month with record results for the majority of the home furnishing industry; Genesis increased originations by 30% year over year. The successful May results could be an indication of consumer confidence in the economy with the potential for increased spend throughout the remaining months of 2018.

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February 13, 2018

Genesis Financial Solutions Appoints Evan Bryman as Chief Operating Officer

Beaverton, Oregon, February 13, 2018 — Genesis Financial Solutions, the nation’s leading provider of non-prime consumer financing solutions, announced the promotion of Evan Bryman to Chief Operating Officer.  Specializing in omni-channel second-look financing programs and direct-to-consumer credit cards, Genesis serves the credit needs of millions of non-prime consumers.

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January 9, 2018

Mark E. Denman Joins Genesis Financial Solutions as President of Genesis Credit

Beaverton, Oregon, January 9, 2018 — Genesis Financial Solutions announced the appointment of Mark E. Denman as President of Genesis Credit, the private label financing business unit of Genesis Financial Solutions.  The programs offered through the Genesis Credit brand allows retailers to provide customers, who are typically turned down by prime lenders, access to high quality financing solutions with flexible payment plans and attractive promotions.

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October 23, 2017

Genesis Financial Solutions, Inc. closed agreement to service Signet Jewelers’ non-prime consumer accounts, transitions 640 employees to Genesis

PORTLAND (Ore.) – Oct. 23, 2017 – Genesis Financial Solutions, Inc., the nation’s leading provider of private label credit programs for consumers with non-prime credit, and Signet Jewelers (NYSE: SIG), the world’s largest retailer of diamond jewelry, have closed a previously announced servicing agreement related to Signet’s secondary consumer credit program.

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July 26, 2017

Genesis Financial Solutions launches omni-channel solution for Furniture Industry and is partnered with over 40 of the Top 100 Furniture Retailers in the US

Beaverton, OR – July 26, 2017 – Genesis Financial Solutions, the nation’s leading provider of private-label credit programs for non-prime consumers is pleased to announce its continued expansion in partnering with leaders of the furniture industry. Recent signings of strategic partnerships, direct second-look program launches and omni-channel advancements have all driven this growth.

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May 25, 2017

Genesis Financial Solutions acquires majority of Signet Jewelers’ credit operations

PORTLAND (Ore.) – May 25, 2017 – Genesis Financial Solutions, the nation’s leading provider of private label credit programs for non-prime consumers, is acquiring the majority of Signet Jewelers’ (NYSE: SIG) credit operations and entering into a long-term agreement to service the non-prime portion of the existing Signet customer account portfolio – comprised of more than 600,000 consumer accounts. The partnership, expected to commence in the fourth quarter of this year, also includes hiring approximately 650 current Signet employees in Akron, Ohio. Signet is the world’s largest retailer of diamond jewelry.

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October 20, 2016

Genesis Credit Surpasses One Billion in Total Originations

Beaverton, OR— On October 20, 2016, Genesis Credit, the leading and largest second-look private label credit business in the United States, announced a major milestone: achieving $1 billion in total originations since the launch of the business in 2012. In four short years, Genesis Credit has built an industry leading organization that provides and supports over 10,000 retail storefronts with flexible, simple and compelling financing solutions for their customers. Genesis celebrated this landmark achievement with a companywide celebration at the Beaverton, Oregon headquarters.

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April 19, 2016

Genesis Credit and Mor Furniture for Less Expand Second-look Financing Partnership to Include Credit Card Program

Beaverton, Oregon, April 19, 2016 — Genesis Credit ® , the leader in second-look financing, has expanded their partnership with Mor Furniture for Less to provide credit challenged customers with a new credit card program, The Mor Furniture for Less Silver Account. Mor’s partnership with Genesis Credit began in 2012 and has resulted in a several fold increase since 2012 in sales on the program.

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March 22, 2016

Gretchen Strohlein of Genesis Credit Presents “Debunking the Myths of Second-look Financing” at Furniture Today’s 2016 Finance Symposium

Beaverton, Oregon, March, 22, 2016 – Genesis Credit® serves near prime consumers with the nation’s leading second-look and supplemental point of sale financing programs. Genesis Credit is sponsoring Furniture Today’s Finance Symposium in Atlanta, Georgia, March 28-29, 2016. This year’s Symposium is focused on Money Matters 2.0: Outpacing Change Through Financial Excellence.

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March 15, 2016

Genesis Credit Partners with Electric and Gas Industries Association Offering Members Access to Second-look Financing Programs

Beaverton, OR, March 15, 2016 — Genesis Credit and Electric & Gas Industries Association (EGIA) have partnered to provide EGIA contractors access to second-look financing programs for their customers with less than perfect credit. Genesis Financial Solutions, serves near prime consumers with the nation’s leading and largest second-look and supplemental point of sale financing programs, in addition to the Milestone Gold MasterCard (www.milestonegoldcard.com).

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