Business
Cash Now Corporation, a business aggregator in the pay loan and check-cashing industry, announces push into London UK and Europe!
Cash Now Corporation, a business aggregator in the pay loan and check-cashing industry, announces push into London UK and Europe!.
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[{"type":"text","content":"Ft. Lauderdale, Fla.--(BUSINESS WIRE)-- August 25, 2005--Cash Now Corporation (CHNW), a pioneer and continuing leader in the payday loan and check-cashing industry, today announced the opening of a London office - further expanding the growing Cash Now territory.\r\n\r\n\"The potential for our business in Europe - Eastern and Western Europe - is amazing, and we'll continue looking for prudently aggressive ways to expand in those regions,\" said Cash Now President Andrea Zecevic.\r\n\r\nThe Cash Now office in London, U.K., will conduct on line payday loans with through the BOOKING ENGINE through the newly acquired cashnow.co.uk web site, sell software licenses, enabling entrepreneurs in that country to quickly and easily set up payday loan and check-cashing businesses using the highly successful and proven Cash Now turnkey formula. In addition, Cash Now will operate its own Web-based payday loan business in the U.K. market.\r\n \"We're starting to really fire on all cylinders,\" Zecevic added. \"The geographic expansion of Cash Now is on-plan, and extremely promising.\"\r\nCash Now Corporation also recently announced a major expansion into China and the surrounding region - a move projected to further bolster Cash Now sales that were already stronger than expected so far in 2005.\r\n\r\nThe company's geographic expansion will be supported in part by a recently announced $50 million loan from a private Dubai bank. The money will also fuel the company's VISA card program. The two-pronged strategy - geographic expansion and the issuance of Cash Now branded VISA cards - is expected to further bolster Cash Now sales, which are already stronger than expected so far in 2005.\r\n\r\n\r\nABOUT CASH NOW\r\n\r\nCash Now Corporation (CHNW), a pioneer in the payday loan and check cashing industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operated joint venture locations across the U.S. and Canada. Additionally, Cash Now's website is one of the most advanced payday lending portals in existence, offering key insights to clients and potential clients alike - as well as the ability to complete payday loans on-line, via a phone call or in person. Cash Now offers a Payday Loan License program, Payday E...