Synchrony Teams Up with Pet Paradise to Enhance Pet Care Financing Options Across America

Synchrony's CareCredit Expands to Pet Paradise Resorts



Synchrony, a leader in consumer financial services, has taken a significant step forward by partnering with Pet Paradise, a premium provider of pet care services, to expand financing options for pet parents across the United States. The new initiative will allow pet owners to use Synchrony's CareCredit health and wellness credit card to cover various services at all 60 Pet Paradise locations nationwide by the end of this year.

Flexible Financing for Pet Care



The initiative aims to simplify the financial process for pet parents, enabling them to manage their expenses more effectively. From dog training sessions to vet care, pet owners can rest assured that they will have the financial support they need for a wide range of services. Jonathan Wainberg, Senior Vice President and General Manager of Pet and Co-Brand, Health and Wellness at Synchrony, stated that this partnership symbolizes the company's commitment to enhancing the overall quality of life for pets. He emphasized that empowering pet parents with flexible financing options is crucial, allowing them to prioritize their pet's health and happiness.

As a well-established financial solution in the veterinary care sector, CareCredit is already accepted at more than 25,000 veterinary clinics across the nation, showcasing the importance of financing in this industry. This collaboration also builds on Synchrony's existing partnership with NewDay Veterinary Care, which operates within select Pet Paradise resorts.

Addressing Pet Care Expenses



The exponential growth of the pet boarding market in the U.S., valued at approximately $20 billion annually, highlights the increasing financial demands associated with pet care. Many pet parents are now looking for budget-friendly financing options to cover their assorted pet care needs, from daycare to grooming services.

In practical terms, pet owners can determine if they prequalify for the CareCredit credit card almost instantly, without affecting their credit scores. They can apply directly at the provider's location or via phone, making the process user-friendly. Typically, a credit decision is made within seconds, allowing the pet owners to utilize their CareCredit accounts to address their pet's needs right away.

CareCredit also provides a variety of shorter- and longer-term financing options, tailored to accommodate different purchase amounts. Moreover, Synchrony offers a convenient online calculator, helping pet parents to estimate their monthly payments effortlessly.

Quality Pet Care at Pet Paradise



Pet Paradise has been a trusted name in pet care for over two decades, offering comprehensive services including boarding, grooming, dog training, and health care through NewDay Veterinary Care. With its headquarters in Jacksonville, Florida, Pet Paradise prides itself on its low-stress approach to pet care, ensuring that pets receive the best treatment possible while their owners seek financial solutions for extraordinary expenses.

Alex Miller, CEO of Pet Paradise, emphasized the importance of providing pet parents with accessible financing to navigate the sometimes unpredictable costs of pet ownership. By partnering with Synchrony and CareCredit, Pet Paradise is ensuring that pet owners can access all the necessary services for their furry companions to live healthier and happier lives.

In conclusion, this collaboration between Synchrony and Pet Paradise signifies a positive shift in the pet care industry, allowing pet parents to focus on the well-being of their pets without being hampered by financial stress. The new financing options will undoubtedly make a difference to countless individuals seeking the best for their pets as they navigate their care journeys.

Topics Consumer Products & Retail)

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