Synchrony (SYF) Boosts Financing Options With Atlanticus [Yahoo! Finance]
Atlanticus Holdings Corporation (ATLC)
US:NASDAQ Investor Relations:
atlanticus.com/about
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Source: Yahoo! Finance
Atlanticus provides second-look point-of-sale consumer credit programs via its bank relationships under its Fortiva brand. This partnership will allow SYF to offer Atlanticus' private label credit cards and installment loans as the preferred second-look financing solution across its network of merchants. This move bodes well for SYF as it will attract a large customer base who may not receive any offers from SYF. They can get a quick second look at a financial product from Atlanticus. Customers who are responsible and repay funds at the proper time might get a Synchrony credit product. This partnership will also enable SYF to cater to the financially underserved customer base. Higher sales volumes for SYF's merchants may lead to improved interest and loan fees. This partnership builds on SYF's existing partnership with Atlanticus since 2019. Atlanticus' technology and analytics are expected to improve accuracy and provide a streamlined enrollment process for SYF merchants. Merchan
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ATLC
News
- Synchrony Selects Atlanticus for Preferred Second Look Financing Program [Yahoo! Finance]Yahoo! Finance
- Atlanticus Holdings Co. (NASDAQ: ATLC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Atlanticus Holdings Co. (NASDAQ: ATLC) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Atlanticus Holdings Co. (NASDAQ: ATLC) is now covered by analysts at BTIG Research. They set a "buy" rating and a $45.00 price target on the stock.MarketBeat
- Atlanticus Holdings Co. (NASDAQ: ATLC) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $39.00 price target on the stock.MarketBeat
ATLC
Earnings
- 5/10/24 - Beat
ATLC
Sec Filings
- 5/31/24 - Form 4
- 5/29/24 - Form 144
- 5/29/24 - Form 144
- ATLC's page on the SEC website