DOZR Releases First-Ever Rent Now Pay Later Checkout to Contractors Nationwide, The Canadian Business Journal
ORLANDO, Fla., Oct. 3, 2022 (GLOBE NEWSWIRE) — DOZR, the leader in online heavy equipment rentals, today announced a partnership with financial super app Flexbase. The post-rent payment feature provided by Flexbase Pay allows the contractor to rent equipment with his 60-day 0% interest-free credit through his DOZR. This is an unprecedented move in the industry.
Using Flexbase Pay with DOZR Checkout allows contractors to rent equipment from a single credit account, minimizing the hassle of multiple accounts while providing the leeway they need.
“With their background in the industry, the DOZR team understands that cash flow is a challenge contractors face every day. It gives us the financial flexibility we need,” said DOZR CEO and co-founder Kevin Forester. “As a customer-focused company, we are pleased to be the first to partner with Flexbase to empower contractors nationwide.”
As consumers grappled with tighter budgets and a general shift to online shopping during the pandemic, the concept of Pay After Purchase (BNPL) exploded. While BNPL is widely used by consumers, it can become more complex for businesses facing complex underwriting processes. With Flexbase, DOZR is able to provide contractors with an easy solution, often getting loans in less than five minutes.
Flexbase CEO Zaid Rahman said: “With a simple Flexbase Pay integration, industry leaders like DOZR can give contractors more flexibility in payment options and give much-needed credit approval faster. Partnering with a growing brand is a no-brainer and we are excited to offer this flexibility to DOZR renters.”
Our partnership with Flexbase highlights a year of incredible growth for the e-commerce pioneer. DOZR was recently named Top Growing Company by Globe and Mail. DOZR has doubled its headcount and experienced significant revenue growth since announcing his $22 million Series B in February of this year. With aggressive technology advancements planned for the new year and markets expanding to Arizona, Washington, Nevada, Colorado and Tennessee, DOZR is poised for further growth.
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About DOZR:
DOZR is the leader in marketplace and e-commerce solutions for heavy equipment rental. DOZR.com offers the world’s largest fleet of heavy equipment and has quickly become the contractor’s first choice for online equipment rental. DOZR-powered solutions, including WebStores, offer equipment suppliers and rental houses the opportunity to digitize their business through e-commerce. Founded by experienced construction and technology veterans, DOZR connects contractors and rental companies to ensure a seamless, touchless equipment rental experience.
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DOZR Releases First-Ever Rent Now Pay Later Checkout to Contractors Nationwide, The Canadian Business Journal
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