WILMINGTON, Del., Dec. 1, 2021 /PRNewswire/ -- TD Bank's
Retail Card Services business today announced it has signed a
multi-year agreement with BrandSource to provide a private-label
credit card program to its member stores. BrandSource's network
includes more than 4,500 locally-owned appliance, electronics,
bedding, home furnishings and floor covering stores across the
U.S.
Through the partnership, BrandSource member stores will have
access to TD's innovative in-store and online waterfall application
and sales processing platform, TD Complete, powered by Versatile
Credit. The platform streamlines applications, authorization and
settlement by providing a single interface to finalize transactions
across a select group of premier lending partners. Additionally,
the platform delivers reporting and analytics in real time,
providing members with deeper insights into sales across
participating lenders.
"As a member-owned organization, we're focused on finding new
ways to add value to our network of independent dealers," said
Jim Ristow, CEO, BrandSource. "We're
confident that TD's competitive financing programs and robust
digital solution will simplify the process for our members and help
them connect with customers."
"We're excited to be working with BrandSource to meet the needs
of their member stores," said Mike
Rittler, General Manager of Retail Card Services, Personal
Lending, and Business Development at TD Bank. "Our approach is
focused on working closely with our partners to deliver the
market-driven insights and financing solutions that will help them
reach their goals."
TD Bank's Retail Card Services business
(www.tdpartnershipprograms.com) launches and administers credit
card programs for merchants across all sales channels.
About BrandSource
BrandSource is the leading
member-owned buying organization for independent appliance, home
furnishings and consumer tech retailers. Its parent company, AVB,
is a $22 billion member-driven co-op
that provides merchandising, financing, digital marketing, and
operational services to more than 4,500 independent dealers in the
U.S. and Canada. BrandSource's
affiliates include ProSource (consumer tech and custom
integration); TRIB Group (rent-to-own); and Mega Group/BrandSource
Canada.
About TD Bank, America's Most Convenient
Bank®
TD Bank, America's Most Convenient Bank, is
one of the 10 largest banks in the U.S., providing more than 9.6
million customers with a full range of retail, small business and
commercial banking products and services at more than 1,100
convenient locations throughout the Northeast, Mid-Atlantic, Metro
D.C., the Carolinas and Florida.
In addition, TD Bank and its subsidiaries offer customized private
banking and wealth management services through TD
Wealth®, and vehicle financing and dealer commercial
services through TD Auto Finance. TD Bank is headquartered in
Cherry Hill, N.J. To learn more,
visit www.td.com/us. Find TD Bank on Facebook
at www.facebook.com/TDBank and on Twitter at
www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank
Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services
company in North America. The
Toronto-Dominion Bank trades on the New
York and Toronto stock
exchanges under the ticker symbol "TD". To learn more, visit
www.td.com/us.
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SOURCE TD Bank