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ACE Cash Express, Inc. · Irving, TX United States

Company Description

1231 Greenway Dr. Ste. 600
Irving, TX
75038
United States (Map)
Phone: 972-550-5000
Fax: 972-582-1406
    View ACE Cash Express, Inc. Locations On A US MapThis link will open in a new window
    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 TypePrivate

    Headquarters
    Fiscal Year-EndJune
    Employees4,000

    ACE Cash Express, Inc. Executives

    37 executives listed for ACE Cash Express, Inc.'s Irving, TX location.
    TitleName & BioContact
    Chairman, President, and CEOJay ShipowitzNetwork
    COOBarry BarronNetwork
    CFODouglas LindsayNetwork

    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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