TITLE

Meta's Payday Lender Deal Raises Capital and Eyebrows

AUTHOR(S)
Aspan, Maria
PUB. DATE
February 2010
SOURCE
American Banker;2/1/2010, Vol. 175 Issue 16, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Meta Financial Group Inc. had secured over five million dollars in funding by selling over 250 thousand shares of its common stock to Cash America International Inc., a payday lender.
ACCESSION #
47842362

 

Related Articles

  • Meta's Payday Lender Deal Raises Capital And Eyebrows.  // CardLine;2/5/2010, Vol. 10 Issue 6, p8 

    The article reports on the amount of funding secured by Meta Financial Group Inc. from Cash America International Inc. It notes that Meta's move may not be counterintuitive since Cash America already sells prepaid cards to its customers which are the same as those issued by Meta Bank. According...

  • Md. rivals find mutual profit in loan firm. Rhoads, Christopher // American Banker;11/15/1995, Vol. 160 Issue 221, p9 

    Features Baltimore, Maryland-based consumer loan corporation, Cash Inc. Ownership by three thrifts in the area; Rationale behind thrift and bank consortiums; Obstacles to the company operations; Company beginnings.

  • Cash America lines up $125 million credit.  // American Banker;7/16/1993, Vol. 158 Issue 135, p20 

    Reports on the three-year unsecured credit facility obtained by Cash America International Inc. from five banks led by NationsBank Texas. Terms of financing; Impact of credit line on expansion of company.

  • Cash America turns valuables into dollars, financial returns. Burgess, David // Business Press;07/24/98, Vol. 11 Issue 12, p21 

    Examines the financial standing of Cash America International Inc. Pawnshop chain in the United States; Market share in the loan industry; Growth of revenues since 1997; Prospect of stock.

  • Pawnshops strike gold.  // Newsweek;3/16/1987, Vol. 109 Issue 11, p53 

    When institutional buyers from London to California grabbed a 1.7 million-shares offering, Cash America Investments, a Texas chain of 35 pawnshops, became the first US pawn-loan company ever to go public. The $15.5 million proceeds will be used chiefly to acquire more outlets in Texas and other...

  • Pawnshop chain opens 4 locations.  // Indianapolis Business Journal;8/2/93, Vol. 14 Issue 18, p8A 

    Announces pawnshop-chain Cash America International Inc.'s opening of four locations in Indianapolis. Amounts invested for the leased spaces; Number of stores operated.

  • `King of pawn' working to change loan industry image. Singleton, Jerry; Bennet, Ric // Business Press;2/28/97, Vol. 9 Issue 44, p47 

    Features Cash America International Inc., a publicly traded operator of pawnshops. Number of employees and outlets; International outlets; Comment from Jack R. Daugherty, chairman and chief executive officer of Cash America.

  • Trading slick for sleek: Pawn biz resurrects itself. Schneider, A.J. // Indianapolis Business Journal;9/26/94, Vol. 15 Issue 26, p1 

    Portrays the growing pawnbroking business in Indianapolis, Indiana. Pawnshop statistics report in Indiana from the Indiana Department of Financial Institutions; Cash America International Inc. and EZ Corp. Inc. as major owners of pawnshops in Indianapolis; Reasons for pawning; Cost of opening a...

  • Dossier.  // Fort Worth Business Press;12/21/2001, Vol. 14 Issue 35, p2 

    Profiles Dan Feehan, president and chief executive of Fort Worth, Texas-based financial services provider, Cash America International Inc. Education and personal background; Career highlights; Business philosophy.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics