mClub® Selects Synchrony's CareCredit® as Exclusive Financing Partner, Bolstering Independent Veterinary Practices with Comprehensive Pet Care Solutions
Rhea-AI Summary
Synchrony (NYSE: SYF) has announced an exclusive partnership with mClub LLC, making Synchrony's CareCredit the exclusive financing partner for all mClub members. The collaboration aims to provide independent veterinary practices with comprehensive financial solutions for pet owners.
The partnership integrates CareCredit's financing options into mClub's existing support system, offering flexible payment solutions for both routine and emergency pet care. CareCredit is currently accepted at over 27,000 veterinary practices and all U.S. public veterinary university hospitals. The program includes business-building resources, financial education, and communication courses to help practices boost revenue and improve treatment acceptance.
Positive
- Strategic partnership expands CareCredit's presence in the veterinary sector
- Access to over 27,000 veterinary practices and all U.S. public veterinary university hospitals
- Integration provides additional revenue opportunities for independent veterinary practices
- Partnership includes comprehensive business-building resources and education programs
Negative
- None.
News Market Reaction
On the day this news was published, SYF declined 1.70%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Synchrony's CareCredit Partnership Helps mClub Members Deliver a Lifetime of Pet Care
STAMFORD, Conn. and
This partnership reinforces Synchrony's commitment to bolstering the independent veterinary sector. By integrating with mClub, Synchrony is directly supporting the collective power that enables independent practices to access critical resources, thrive financially and continue delivering a lifetime of pet care without compromising their autonomy.
"This exclusive agreement allows us to seamlessly integrate CareCredit's financing solutions into the robust support system mClub already provides," said Jonathan Wainberg, Senior Vice President and General Manager, Pet, Synchrony. "It's a powerful synergy that directly helps independent clinics overcome financial barriers for pet owners, enabling them to deliver the care they recommend for patients and maintain their competitive edge."
Through this exclusive partnership, mClub members gain access to CareCredit's flexible financing options, providing pet owners with a dedicated way to manage out-of-pocket costs for veterinary care, from routine check-ups to unexpected emergencies. Additionally, mClub members can take advantage of CareCredit's comprehensive business-building resources. These resources include financial education and communication courses designed to help practices enhance revenue, support treatment acceptance, and expand access to care.
"The partnership between mClub and CareCredit represents an important step forward in supporting both veterinary practices and the clients they serve," added Joe Ferraro, Director of Business Solutions at mClub. "By combining mClub's resources for growth and engagement with CareCredit's trusted financing solutions, we're creating new opportunities for clinics to strengthen compliance, deliver better outcomes, and ensure that financial concerns never stand in the way of quality veterinary care."
For more than 30 years, CareCredit has provided a flexible financing solution for veterinary services, treatments, and diagnostics. It offers pet owners peace of mind and a way to pay for a lifetime of care for their pets. Accepted at more than 27,000 veterinary practices and all public veterinary university hospitals in the
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country's most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country's #2 Best Company to Work For® by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
About mClub
mClub, powered by Midwest Veterinary Supply, is a loyalty and practice support program that helps veterinary teams grow revenue, improve compliance, and strengthen client relationships. With exclusive promotions, marketing tools, and educational resources, mClub partners with practices to drive long-term success and healthier outcomes for pets.
Contacts:
Jeanette Lewis
Synchrony
Jeanette.Lewis@syf.com
Joe Ferraro
mClub
mclub@midwestvet.net
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SOURCE Synchrony Financial
FAQ
What is the new partnership between Synchrony (NYSE: SYF) and mClub?
How many veterinary practices accept CareCredit?
What benefits does the CareCredit partnership offer to mClub members?
How does the Synchrony-mClub partnership benefit pet owners?
What resources does CareCredit provide to veterinary practices through this partnership?
