All American Check Cashing Expands into Alabama

Australian Business
Print
image image

MADISON, Miss.--(BUSINESS WIRE)--All American Check Cashing announced today the expansion of their Payday and Title Loan services into Alabama with the acquisition and purchase of 5 retail stores. The retail stores located in Bessemer, Clanton, Millbrook, Prattville and Selma, Alabama will bring the total of All American’s Payday and Title Loan retail stores to 50. All retail stores acquired in the acquisition will offer customers both payday and title loan products.

“This is our first entrance into the Alabama market and was part of our 2013 Expansion Plan,” said Michael Gray, President of All American Check Cashing. “With the addition of these locations and through other acquisitions we have expanded our current presence in Mississippi, Louisiana and now Alabama by 20% this year alone.”

“We are excited to become a part of Alabama’s financial services providers,” said Gray. “We will continue to focus on the company's core Payday and Title Loan business as well as look for additional opportunities for acquisitions in Mississippi, Louisiana and Alabama which can help to solidify All American Check Cashing’s market position in the region.”

“Our relationships with our customers have allowed All American the success we continue to see, from 14 years ago when we opened our first store, to now with the acquisition of our 50th location and expanding into the Alabama market. This is a testament to our commitment to relationship lending and providing the fastest, easiest access to cash in the payday industry. “

ABOUT ALL AMERICAN CHECK CASHING

All American Check Cashing and Title Loan is one of the largest independently owned Payday and Title Loan Companies in Mississippi, Louisiana, and Alabama with 50 locations. All American is listed as one of the Mississippi Business Journal’s Top 100 Privately Held Companies in Mississippi and Best Places to Work in Mississippi in 2012 and 2013. All American opened its first office in Canton, Mississippi in March of 1999 and currently has over 180 employees with headquarters in Madison, MS. For more information on All American Check Cashing go to: www.allamericancheckcashing.com