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regional finance (regional management corp.)
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Founded in 1987 and headquartered in Greer, South Carolina, Regional Management Corp. (NYSE: RM) is a diversified consumer finance company that operates under the brand name "Regional Finance." The company's primary business is providing small and large installment loans to individuals, primarily in the subprime credit market, who may have difficulty securing credit from traditional banks. In addition to loans, they offer optional credit insurance and other related products. The company operates through an extensive network of brick-and-mortar branches across several U.S. states, emphasizing a local, community-based approach to lending.
United States
Industry
Financial