Winter Park, Florida , February 21, 2017 (Newswire.com) - SMART Financial (“SMART”), a Winter Park, Florida-based consumer financial services company, is pleased to announce that it has raised $125 million of financing from a group of investors. The investment financed SMART’s acquisition of three pawn store operating groups: Canada-based Cash Canada, Arizona-based Pawn 1st, and North Dakota-based First National Pawn. SMART currently operates 36 pawn stores and has the financial resources to substantially expand its footprint through a combination of further acquisitions and de novo store openings.
SMART was founded by John Thedford. He is joined by a team of experienced financial services and human resource professionals, who previously operated successful pawn stores throughout the US.
"We are excited to be a leader in the growing and dynamic specialty finance sector of our economy. Our stores are dedicated to providing a great experience to our customers."
John Thedford , Founder
Thedford recently noted during an interview that, “We are excited to be a leader in the growing and dynamic specialty finance sector of our economy. Our stores are dedicated to providing a great experience to our customers.” He further explained that the company’s philosophy and practice of focusing on recruiting, training and incenting world-class talent to provide a gratifying customer experience, is not likely found in peer groups or the competitive landscape in general.
SMART has positioned itself with the funding and a team of integration specialists to expand its network of pawn brands.
Source: SMART Financial
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