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 | American Title Loans |
Business Type
FranchiseMin Liquid Capital
$250,000Total Investment
$254,000 to $435,000Number of Units
9In Business Since
2006* For Current Info See:
Franchise Disclosure Document
American Title Loan franchise provides loan options to working families and individuals who have a short term need for cash, such as paying utilities or a car repair bill. American Title Loan specializes in loans secured by the customer's car title. Customer keep and drive the car while they are paying off their loan.
American Title Loan focuses on creating a professional bank-like environment with a high level of customer service.
Huge Market
Nearly 1/3 of the US population, that's 106 million people, are either unbanked or underbanked. They don't have access to bank services or lending. This drives demand for non-bank, alternate lending sources. American Title Loan helps supply that demand.
Simple Business Model
Each location only requires 2 employees and there is no inventory to manage. This allows you to focus on growing the business. American Title Loans has been in this business since 2006 and has built the systems to efficiently operate the business.
Flexible Ownership Options
Because the business requires so few employees and is fairly simple to operate, 60% of new franchise owners actually own locations in states they don't currently live in!
Locations Available
This business can be operated in states where title lending or a similar service is allowed. As of this writing, there are 22 states where this business can operate: Alabama, Arizona, Delaware, Georgia, Idaho, Illinois, Kansas, Louisiana, Mississippi, Missouri, Nevada, New Hampshire, New Mexico, Ohio, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin.
