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Consumer Lending Company for Sale in Texas City, United States

Company provides payday and auto title loans to individuals with 40 branches in the US.
This transaction has concluded.

Established 20-30 year(s)
Employees 100 - 500
Legal Entity C Corporation
Reported Sales USD 18 million
Run Rate Sales USD 18 million
EBITDA Margin 18 %
Industries Consumer Lending
Locations  Texas City
Local Time 6:12 PM America / New York
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 17 million (Native Currency: USD 16,995,000)
Reason: Business owner has other interests.
Business Overview

- The company headquartered in Texas was founded in 2003 and has 40 branches in the United States.

- We provide payday and auto title loans for thousands of individual clients.

- The loan programs are targeted towards individuals who find it difficult to secure a personal loan from banks.

- Company’s strength lies in its quick application process and personalized loan products and systems that allow employees to make quick lending decisions at the branch level.

- Branches are managed by experienced managers with sound knowledge about their area of business.

- Lending services account for around 99% of total revenue.

Products & Services Overview

Consumer Payday Loans and Installment Automobile Title Loans.

Facilities Overview

Rented office space in 40 locations located in a single central U. S. state.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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