WILMINGTON, Del., December 1, 2021 / PRNewswire / – TD Bank’s Retail Card Services business today announced that it has signed a multi-year agreement with BrandSource to provide a private label credit card program to its member stores. The BrandSource Network includes over 4,500 local appliance, electronics, bedding, home furnishings and flooring stores in the United States.
Through this partnership, BrandSource member stores will have access to TD’s innovative in-store and online sales processing platform and cascading applications, TD Complete, powered by Versatile Credit. The platform streamlines applications, authorization and settlement by providing a single interface to complete transactions across a select group of leading lending partners. Additionally, the platform provides real-time reporting and analysis, providing members with more in-depth sales information from participating lenders.
“As a member-owned organization, we strive to find new ways to add value to our independent dealer network,” said Jim ristow, CEO, BrandSource. “We are 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 are excited to be working with BrandSource to meet the needs of their member stores,” said Mike rittler, Managing Director of Retail Card Services, Personal Loans and Business Development at TD Bank. “Our approach is focused on working closely with our partners to provide market-driven information and financing solutions that will help them achieve their goals. “
TD Bank’s Retail Card Services division (www.tdpartnershipprograms.com) initiates and administers credit card programs for merchants across all sales channels.
BrandSource is the premier member-owned buying organization for independent retailers of home appliances, home furnishings and consumer technology. Its parent company, AVB, is a $ 22 billion member-driven cooperative that provides merchandising, financing, digital marketing and operations services to more than 4,500 independent resellers in the United States and Canada. BrandSource affiliates include ProSource (consumer technology and custom integration); TRIB Group (hire-purchase); 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 United States, providing more than 9.6 million customers with a full range of personal, small business and business banking products and services in over 1,100 convenient locations in the Northeast, Mid-Atlantic, Metro DC, the Carolinas and Florida. In addition, TD Bank and its subsidiaries provide personalized private banking and wealth management services through TD Wealth Management.®, as well as vehicle financing and dealer business services through TD Auto Finance. TD Bank is headquartered at Cherry Hill, New Jersey 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, one of the top 10 financial services companies in North America. The Toronto-Dominion Bank trades on the new York and Toronto exchanges under the symbol “TD”. To learn more, visit www.td.com/us.
SOURCE TD Bank