Synchrony Financial (SYF) has partnered with Sploot Veterinary Care to introduce CareCredit, the first financing option available at Sploot clinics. This initiative, launched on Date Unspecified, aims to provide pet owners in Denver, Chicago, and Colorado Springs with more flexible payment options for veterinary care, including routine checkups and emergencies.
Customers can apply for CareCredit through a custom QR code, allowing them to check prequalification without impacting their credit score and receive immediate approval. With over 27,000 veterinary practices using CareCredit, this collaboration signifies a trend toward making pet healthcare more financially accessible amid rising veterinary costs due to advancements in services.
Synchrony Financial has around 69.3 million active accounts and is enhancing its footprint in healthcare and retail. Despite a 3% decrease in active accounts year-over-year in Q1 2025, Synchrony shares have risen by 44.2% over the past year compared to the industry’s 11.6% growth.
