Flexiti Financial Inc. announced that is has launched its omni-channel customer financing solution at all of Michael Hill International Limited's Canadian stores. In addition, Flexiti and Michael Hill have entered into an agreement for Flexiti to acquire the existing Michael Hill Credit Card portfolio. The transaction is expected to close on or about May 31, 2022.

Michael Hill launched Flexiti's omni-channel sales financing platform in its 85 Canadian locations in late 2021 and website in early 2022. In-store or online at michaelhill.ca, customers can apply for the Michael Hill FlexitiCard® and instantly make purchases with 0% interest1 financing plans. As a retail member of the Flexiti Network™, existing FlexitiCard holders can also shop with their cards to finance purchases at Michael Hill.

In a global first for Michael Hill, Flexiti allows their Canadian customers to apply for long-term credit options online. Michael Hill's Canadian customers can also access Flexiti's deferred payment plans in store.