Cash Lending Industry Overview

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Industry Description

Companies that provide short-term cash loans, including pawn shops and payday loans.

Industry Trends

Consolidation

Several factors have encouraged consolidation in recent years: larger companies have easier and cheaper access to capital markets, computer systems can now handle credit analysis and loan tracking functions for large portfolios of loans, and the industry's strong profitability has prompted many companies to expand by buying smaller firms that already have offices, personnel, and a local presence.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Cash Lending maps to a number of NAICS codes including:

NAICS
NAICS Title

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Cash Lending industry.

Indicator
Total
NAICS Codes
1
Establishments
14,153
Sales, receipts or shipments ($1,000)
$28,748,870
Annual Payroll ($1,000)
$3,409,083
Paid Employees
92,447

Industry People



Industry Jobs

Bank - Los Angeles.CA
From TheLadders.com
West Coast Bank - Lacey.WA
From Jobfox
JP Morgan Chase- New York - Iselin.NJ
From Jobfox