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Home improvement borrowers get 7-year terms on U.S. Bank platform
U.S. Bank has expanded its Avvance point-of-sale lending platform to include new longer-term financing options of six and seven years for home improvement projects. This enhancement aims to provide greater payment flexibility for homeowners and assist contractors and service providers in improving affordability and conversion rates. The platform is also growing its partner network, recently integrating with Skeps, a multi-lender orchestration platform, to broaden access to flexible financing options for merchants and their customers.