ACE Cash Express, Inc. · Irving, TX United States
Company Description
View ACE Cash Express, Inc. Locations On A US Map
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ACE Cash Express really has a bankless job. The company owns a chain of financial services outlets that target the underbanked and bankless populations. For a fee, customers can cash checks, obtain short-term unsecured loans ("payday loans"), purchase money orders, pay bills, and set up pre-paid debit cards. There are more than 1,800 ACE Cash Express and ACE Cash Advance stores throughout the US, about 10% of which are franchised locations. ACE stores are typically found in strip malls, in free-standing buildings on busy streets, and in kiosks within retail stores. Private equity firm JLL Partners took ACE private in 2006 in a deal worth some $455 million. To read the full description, subscribe now.
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Key ACE Cash Express, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | June |
| Employees | 4,000 |
ACE Cash Express, Inc. Executives
37 executives listed for ACE Cash Express, Inc.'s Irving, TX location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Jay Shipowitz | Network |
| COO | Barry Barron | Network |
| CFO | Douglas Lindsay | Network |
Competition
Competitive Landscape for ACE Cash Express, Inc.
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top ACE Cash Express, Inc. Competitors
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