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U.S. Bank’s Avvance Intros Longer-Term Home Improvement Loans
U.S. Bank has introduced extended-term home improvement loans for its Avvance point-of-sale lending platform, offering six-year and seven-year terms to finance higher-cost projects and provide greater payment flexibility. Avvance is also expanding its partner network to include Skeps, a multi-lender orchestration platform, enhancing merchants’ ability to connect customers with appropriate financing offers. This move aligns with a broader consumer trend of viewing credit as a flexible financial tool, and the bank also provides financing for audiology, elective healthcare, and other big-ticket categories.