WILMINGTON, Del., Sept. 10, 2020 /PRNewswire/ -- TD Bank,
America's Most Convenient Bank ®, announced today that its Retail
Card Services business has signed with Loves Furniture &
Mattresses.
TD will provide tailored financing options to Loves - a growing
furniture retailer that provides a high-quality furniture and
mattress shopping experience with storefronts throughout
Michigan, Pennsylvania, and Ohio – as the company continues its expansion
throughout the US.
Through the partnership, TD Bank will provide in-store
financing, including a private label card offering, leveraging the
bank's deep expertise in creating tailored solutions for partners
in the furniture sector and ability to implement technology to
improve the customer experience and approval process.
"Customer service is at the center of everything that we do, and
we needed a partner that holds the same principles and priorities
at the core of their business," said Jeff
Love, Founder of US Assets, Inc., the parent company for
Loves Furniture. "We believe that TD demonstrates this human-first,
customer-centric approach and that the team's flexibility, depth of
their offering and ability to bring our vision to life in a
seamless, efficient way is unmatched in the market."
The partnership will launch in-store this month, which entailed
adherence to an aggressive timeline from both Loves and TD.
"We're excited to work with Loves Furniture as they make their
mark as a retailer focused on the personalized customer approach
that TD is deeply familiar with," said Mike
Rittler, Head of Retail Card Services, Personal Lending and
Business Development at TD Bank. "At TD, we're committed to working
with retailers nationwide to create accessibility and affordability
for their consumers through unique financing programs that meet
business' individual needs. Custom programs matter now more than
ever."
TD Bank's U.S. Partnerships business
(www.tdpartnershipprograms.com) launches and administers new credit
card portfolios for merchants across all sales channels, and
acquires retailers' existing credit card portfolios.
About Loves Furniture
Loves Furniture, Inc. was
founded in 2020 by its President, Jeff
Love. The company is headquartered in Royal Oak, Michigan. Loves Furniture is owned
by US Assets, Inc. of Dallas, TX.
Visit lovesfurniture.com for more information.
About TD Partnerships
TD Bank Group's credit card
business is a top 10 card issuer in North
America with over $24B in card
receivables. TD Bank's credit cards are distributed nationally,
leveraging our retail distribution network, direct response
channels and through hundreds of partnership programs with
financial institutions, retailers and other third party
organizations.
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 9.5
million customers with a full range of retail, small business and
commercial banking products and services at more than 1,220
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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/loves-furniture-selects-td-bank-as-financing-partner-301127668.html
SOURCE TD Bank