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Synchrony Partners with Sploot Veterinary Care to Finance Comprehensive Veterinary Services with CareCredit

1. Synchrony partners with Sploot to offer CareCredit for veterinary services. 2. Partnership aims to make veterinary care more financially accessible. 3. CareCredit helps pet owners manage costs for various veterinary treatments. 4. Sploot provides a seamless application process for CareCredit financing. 5. CareCredit has been used for over 35 years in veterinary financing.

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FAQ

Why Bullish?

This partnership can lead to increased revenue and user engagement for SYF. Similar past collaborations in the healthcare industry have shown positive stock responses.

How important is it?

The partnership enhances SYF's offerings in the growing pet care financing sector, thus increasing market relevance.

Why Long Term?

As pet ownership remains stable and care costs rise, these financing solutions will be critical. The long-term financial stability of SYF can be bolstered as pet care spending increases.

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CareCredit to be First Financing Solution Offered by Sploot, Giving Pet Owners Flexible Payment Options for Care, /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financial services company, today announced a partnership with Sploot Veterinary Care, a modern, pet-parent-first veterinary provider with locations in Denver, Chicago, and Colorado Springs. Sploot will offer Synchrony's CareCredit credit card as its first financing solution, providing pet owners with accessible financial solutions for comprehensive veterinary care, including advanced treatment options. Sploot will offer Synchrony’s CareCredit credit card as its first financing solution, providing pet owners with accessible financial solutions for comprehensive veterinary care, including advanced treatment options. This partnership underscores a shared commitment to making the cost of veterinary care more manageable. By integrating CareCredit's financing options with the benefits of a SplootPack membership, pet owners gain access to predictable savings and a flexible payment option for veterinary services – from routine check-ups to emergencies, advanced diagnostics and specialty treatments. "At Synchrony, we understand that pets are family, and their health is a top priority," said Jonathan Wainberg, Senior Vice President and General Manager, Pet, Synchrony. "Our partnership with Sploot provides pet owners with the financing options they need to help ensure their pets receive the care they need, without compromise. With CareCredit as Sploot's first financing solution, we're breaking financial barriers and helping more pet owners to manage the cost of the veterinary care for their pets." By partnering with CareCredit, Sploot is able to offer its clients an approachable financial solution for both routine and more specialized veterinary services, bridging the gap that might otherwise lead to delayed or declined treatment for their pets."Sploot's mission is to redefine the veterinary experience – making exceptional care more accessible and helping ensure that every pet can receive the treatment they deserve," said Gil Bolotin, Co-CEO, Sploot. "By partnering with CareCredit, we're helping give pet parents the financial flexibility to say 'yes' to optimal care, whether it's advanced diagnostics or essential procedures, without the fear of managing costs."Sploot customers can easily access CareCredit financing through a custom QR code and link, streamlining the application process. Pet owners can see if they prequalify for the CareCredit credit card in real time, with no impact to their credit score, and apply on any smart device or over the phone. A credit decision is typically provided within seconds, and if approved, they can use their account to pay for their pet's care right away, from routine check-ups to emergency treatments.For more than 35 years, CareCredit has been a valuable financing option for all types of veterinary services, treatments and diagnostics at locations in the network, giving pet owners peace of mind that they are ready to care for their pets throughout their lifetime. CareCredit is accepted at more than 27,000 veterinary practices and all public university veterinary schools in the U.S. For more information, please visit www.carecredit.com.About SynchronySynchrony (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 Sploot Veterinary CareSploot Veterinary Care is redefining the veterinary experience with a modern, pet-parent-first approach. Operating clinics in Denver, Chicago and Colorado Springs, Sploot offers comprehensive services - including primary, urgent, emergency and specialty care – under one roof. As a FearFree practice, we prioritize reducing pet stress and anxiety during every visit, ensuring a calm and compassionate environment. Our state-of-the-art facilities are open 8am-8pm, 365 days a year, providing same-day appointments and a seamless digital experience. With a focus on transparency, convenience and exceptional care, Sploot is committed to making veterinary services more accessible and stress-free for both pets and their parents. For more information, visit www.splootvets.com.Contacts:Lauren DevilbissSynchrony[email protected]Haleigh WattsSploot Veterinary Care[email protected] SOURCE Synchrony WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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