Company Information

Get to know Advance Financial Corporation

Founded in 1996 by Mike and Tina Hodges, Advance Financial is a financial technology (fintech) company that provides a range of financial services as an alternative to traditional banking. Headquartered in Nashville, Tennessee, the company's mission is to serve the underbanked by offering accessible credit and financial solutions. Its primary product is the FLEX Loan, an open-end line of credit that allows customers to borrow money as needed up to their credit limit. In addition to loans, the company offers services such as check cashing, wire transfers, and bill payments, operating 24/7 through its online platform and over 100 retail stores.

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Advance Financial Corporation

United States

Founded in

1976 (50 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.