Give Credit Where Debt Is Due - Facilitating Healthy Recoveries Through Our Collection Partners For: progressa.io

Give Credit Where
            Debt Is Due

Facilitating Healthy Recoveries Through Our Collection Partners For:
progressa.io

Canada’s Most Predictive Credit Score Alternative
Boost customer value by unlocking true credit worthiness with next generation credit and scoring solutions for Canadians with traditionally non-prime credit scores.

The Progressa solutions suite is built for enterprise, collection agencies, point-of-sale platforms and originators.

progressa.io

For: Originators, engagement platforms, and                                                   How Progressa Score stacks up

  enterprise debt consolidation

  Progressa Score is Canada’s first alternative credit score that produces a character

  assessment for a Canadian consumer, using proprietary instantaneous cash‑flow analysis

  of spending behaviour. Our 5th generation score is now Canada’s most predictive credit

  score alternative with 6 years of real lending data and only an 8% cumulative loss rate for

  an average non‑ prime consumer.

  Benefits:

  •   Offers financing solutions to your later stage collections consumers to help them

      finance the repayment of their debts improving recoveries.

  •   Enhances loan origination and the borrower experience. With Progressa

      Engage, you can automate and streamline your loans originations workflow

      through a frictionless process. The value proposition to the consumer

      is about creating flexibility for them at the point-of-engagement.

progressa.io

For: Collection agencies, enterprise debt                                                             Addtional Benefits:
  consolidation, and debt buyers
                                                                                                        •   Simplifies the loans origination process from application to instantaneous credit scoring to

  Offer real‑time collections financing options to your tier 1 and later 3rd party debt through             document generation and funding, ultimately allowing your collection agency or enterprise

  Progressa Engage. Purpose‑built on enterprise‑grade infrastructure, Progressa Engage leverages            to recover more dollars.

  Progressa Score for qualification, and handles the processing of a consumer going through a

  collections process seamlessly and with the least amount of friction as possible.                     •   Helps your collections staff through the loan conversation with the consumer, so the

                                                                                                            consumer can make an informed decision and begin the path to rebuilding their credit.

  Benefits:                                                                                                 Providing this flexibility to consumers in real-time leaves your collection agency and more

                                                                                                            importantly, your enterprise clients, in a better light with your debtors, and ultimately

                                                                                                            brings stronger brand awareness through better customer experience.
  •   Offers financing solutions to your later stage collectionsconsumers to help them finance the

      repayment of theirdebts improving recoveries.
                                                                                                        •   Offers financing solutions providing greater flexibility to pay cheque to pay cheque

                                                                                                            consumers which ultimately has consistently led to improved recoveries.
  •   In a better light with your customers, ultimately mitigating your risk and improving your brand

      awareness through providing a better customer experience.

  •   Enhances loan origination and the borrower experience With Progressa

      Engage, you can automate and streamline your loans originations workflow

      through a frictionless process. The value proposition to the consumer s

      about creating flexibility for them at the point-of-engagement.

progressa.io

For: Enterprise debt consolidation                                                              Addtional Benefits:
  and debt buyers
                                                                                                  •   Enhances your existing collections process by offering cure programs to those customers

  Working with TransUnion Canada® and Equifax, we analyze your late tier contingency debt as          who looking for more holistic, positive solutions, that are customer-centric.

  well as pre‑debt sale charge‑offs and append a Progressa Score. This provides your enterprise

  with a range of options that were previously not possible, and will fundamentally change the    •   Enables you to facilitate a healthier collections process for your end consumer - by offering

  engagement strategy, leading to improvements to both your boom line and brand reputation.           lower rate refinancing solutions as well as delivering financial literacy and education.

  Benefits:                                                                                       •   Enables as much as 2-3x traditional recoveries for certain traditional non-prime credit

                                                                                                      score segments (400-650 credit score range).

  •   Assesses credit worthiness without impacting the consumer’s credit score.
                                                                                                  •   Offer a holistic refinancing solution to the end-consumer so that the you

                                                                                                      can reduce stress for your consumers, improve NPS by offering reasonable
  •   Optimizes your collections recoveries on late-tier debt.
                                                                                                      solutions, and set you up for future customer re-acquisition opportunities.

  •   Reduces stress for your customers by engaging with positive solutions.

  •   Improves your enterprise’s brand awareness and Net Promotor Score (NPS).

  •   Improves your odds of customer re-acquisition.

progressa.io

progressa.io   1 0 0 0 D AY C O L L E C T I O N C Y C L E J O U R N E Y

For: Originators, point-of-sale platforms

   Eliminate your customer’s financial barrier with Progressa Connect which enables real me

   point‑of‑sale (POS) financing for e‑commerce and in‑ store purchases. Increase sales, allow

   customers to purchase items of greater cost and provide the best check‑out experience possible.

   Benefits:

   •   Grows your sales by offering installment payment plans for your customers

       during the origination process.

   •   Leverages our robust API capabilities and approve nonprime

       consumer credit instantaneously.

   •   Provides real-time approvals directly from your existing
                                                                                                     Some Of Our Partners
       user interface through a simple integration.

progressa.io

About Progressa
  Named by CB Insights to the 2018 Fintech 250, a list of the world’s top fintech startups, Progressa is

  Canada’s fastest growing financial technology lender focused on changing the way pay cheque to pay

  cheque Canadians access and build credit. Since 2013, our mission has been to build a socially responsible

  consumer finance company that encourages borrowing for the right reasons that Canadians can be proud

  of. Our enterprise solutions suite, driven by the 5th Generation Progressa Score™ is built for the collection

  agencies enterprise, and point of sale finance.

  We empower collection agencies and enterprise to offer proactive solutions and drive healthy recoveries

  while protecting brand reputation with industry-leading NPS and servicing. For the point of sale finance,

  we allow platform partners and other originators to expand their merchant offerings to service non‑prime

  consumers and achieve industry-leading approval rates.

  Let’s Talk Credit
  We’d love to learn more about your business goals and help match you with the solutions that are the

  right fit for your business.

  Call us at 604-424-8963 or email partners@progressa.com

progressa.io