Equity markets have priced in modest growth for Snap Finance Furniture-associated lenders, but analysts warn upside surprises could occur if consumer confidence indexes tick higher in the coming months. Traders are watching retail sales reports closely. In a sign of the times, the office at 263 Banyan Blvd. is sandwiched between an architecture firm and a yacht broker. Snap Finance harnesses the power of data to empower consumers of all credit types to get what they need. Launched in 2012, Snap’s technology utilizes more than a decade of data, machine learning, and nontraditional risk variables to create a proprietary platform that looks at each customer through a more holistic lens. Snap’s lease-to-own and loan solutions are changing the face and pace of consumer retail finance. For more information, visit snapfinance.com . The latest trading session saw Snap Finance Furniture sector peers outperform broader retail indices, closing up 1.4%. Economists attribute this to resilient demand in big-ticket home goods financed through flexible payment plans, which may support cash flow for lending companies despite macro headwinds.
