Pay-Over-Time Solution Lets Customers Budget For Large Purchases
- TUT Fitness Group offers Canadian customers PayPlan by RBC™ as a purchase payment option
- Loans are backed by Royal Bank of Canada and available for purchases greater than $300
- TUT Fitness equipment is in stock and available for holiday deliveries and gift purchases
VANCOUVER, BC, Nov. 23, 2021 /CNW/ –TUT Fitness Group Inc. (TSXV:GYM) (“TUT“) announces today that it is now offering PayPlan by RBC™, a pay-over-time option that allows customers to make purchases through equal monthly payments. TUT Fitness is offering the payment option at its Canadian e-commerce website.
TUT Fitness customers can purchase the internationally-patented TUT Trainer™ or TUT Rower™ by leveraging a straightforward, transparent purchase loan. PayPlan by RBC™ is available for purchases larger than $300 and is designed to make payments more manageable for customers by helping them pay in a way that fits their budgets. The PayPlan by RBC™ offer appears as a link at the checkout page, and there is no impact to customers’ credit score when customers check their eligibility, nor any obligation to buy.
In addition, while many fitness equipment makers are struggling with supply chain issues, TUT Fitness Group has products stocked in inventory in both its USA and Canadian warehouses which are available for immediate shipping in plenty of time for holiday delivery.
“We are pleased to offer helpful payment options for our customers as we head into holiday gifting season, and shoppers will be delighted to know that their TUT Fitness purchases will arrive in time to unwrap them. No gift cards or IOUs necessary,” said Rob Smith, CEO of TUT Fitness Group Inc.
PayPlan by RBC™ Disclosures:
Pre-qualifying for a PayPlan by RBC™ loan only results in a soft inquiry and will not affect credit scores. If customers accept the loan terms and complete checkout, a hard inquiry will be performed which may impact credit scores. Future purchases will also result in a hard inquiry.
PayPlan by RBC™ applicants must be Canadian residents who hold a Canadian bank account and must be over the age of majority in the province that they reside.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
Personal lending products are offered by Royal Bank of Canada and are subject to its standard lending criteria.
ABOUT TUT FITNESS GROUP:
TUT is a Vancouver-based Canadian manufacturer of high-performance fitness products. The company has designed, patented, and manufactured one of the world’s smallest (11.6 lbs), and most affordable high-performance home gyms. Incorporated in 2018, TUT is an emerging player in the connected Home Gym and Fit Tech hardware space, targeting the US$10.7B Global Home Exercise Equipment Market and Online Fitness Market, expected to be US$30B by 2026.
TUT’s patented, industry-first, stackable resistance bands (TUT Plates™) allow the user to increase or decrease resistance loads with up to 200 lbs of resistance. Utilized in both the TUT Trainer™ Tower and TUT Rower™, this new breakthrough in functional strength and cardio training incorporates Time Under Tension to target every muscle group without the added pressure to joints or tendons, optimizing workouts, and raising the bar for personal home gyms.
SOURCE TUT Fitness Group Limited