User:WLHinATL2/sandbox

Purchasing Power is an American voluntary benefit provider.

The company markets an employee purchase program that lets workers and association members buy products and services through payroll deduction.

History
The company was founded in 2001 in Atlanta, Georgia to offer workers the ability to purchase personal computers. Later, consumer electronics, appliances, furniture and services like travel were added to the program.

Chicago-based private equity firm Flexpoint Ford purchased a majority stake in Purchasing Power from Rockbridge Growth Equity in December of 2016.

Purchasing Power has processed more than $2 billion in sales. Purchasing Power has also ranked on the Inc. 5000 Fastest Growing Private Companies in America for 10 years.

Operations
Purchasing Power is an employee benefit where participants pay for general goods and services over time through payroll deduction and without interest, fees or a credit check. The company buys goods wholesale and makes its money through markup.