Payvantage is a digital financial services platform based in Jonesboro, Arkansas, that specializes in mobile device leasing and financing solutions. Founded in 2018, the company focuses on providing options for consumers with limited or no credit history. Payvantage is led by CEO Brandon French and employs between 11 to 50 people.
The core offering of Payvantage is no-credit mobile device financing. They provide fast approval for leasing the latest mobile devices without credit checks, ensuring that anyone with direct deposit payroll can qualify. Customers benefit from flexible payment options that align with their pay schedules, allowing them to pay when they get paid. The application process is available both online and in-store, with rapid approval times.
Payvantage operates through a network-based distribution model, partnering with over 700 dealers nationwide. The company serves more than 10,500 active customers, with an average invoice value of $750, and aims to enable a path to ownership for everyone through alternative financing for electronics and mobile devices.
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