Director of Business Development, Kafene

Kafene combats this by integrating lease-to-own agreements at point-of-purchase for items such as furniture and electronics. The company's custom-built technology underwrites, approves and enables payment in less than five minutes, and its point-of-sale nature means it does not interrupt the shopping experience

Lease-to-own is no new concept, but bringing this type of agreement to these markets in particular is certainly novel. Kafene has seen substantial investment which supports expansion to meet growing demand, as well as increasing the scope of the items it covers to include things like jewelry.