2021年02月16日

Three companies dominate the automobile name loan industry. The name loan industry is fragmented, with lots of players which range from little mom-and-pop places to nationwide operators with a huge number of places.

The name loan industry is fragmented, with a large number of players which range from tiny mom-and-pop areas to nationwide operators with a huge number of places.

The name loan industry is fragmented, with lots of players which range from tiny locations that are mom-and-pop nationwide operators with a large number of places. It is hard to monitor them because many are independently held. In addition they usually hide behind “dba” entities. But check out of this larger players:

TMX Finance: Headquartered in Savannah, Ga., TMX could be the title-lending industry’s biggest player, running almost 1,500 shops in 18 states as TitleMax. The company that is 17-year-old had economic difficulty of its very very own: TitleMax filed for Chapter 11 bankruptcy last year with regards to could not pay off a $165 million loan from Merrill Lynch. The reorganized business exited bankruptcy almost a 12 months later on and has now significantly more than doubled its shop count since. (さらに…)