Calabasas, CA April 1, 2010 – CashStand, the nation’s newest and most innovative Payday brand, today announced it plans for further expansion in California.
The quickly growing company which currently has 4 retail locations is looking at opening another 6 by mid April. “We are extremely excited by our quick success and rapid growth,” said John Nutt, CashStand’s President. “Opening this next round of stores is happening faster than we initially expected, but the time was right and we are definitely ready.”
CashStand has a unique customer focused approach to payday lending that has proven to be very effective. “By focusing on customer service and working with local retailers who are established and have long time relationships and reputations in their local communities, we are able to tap into that equity and quickly build our own reputation,” adds Nutt. Now couple that customer focus with aggressive online efforts, including social media, and you can begin to see why CashStand is having such quick success.
“Having the storefronts and the excitement is one part of it though,” comments Nutt. “The real value we add is in the execution of that service. Our retail partners know how to run a successful business and understand the importance of servicing customers at the highest level. We require all CashStand employees, partners and affiliates to maintain and advance that commitment to each and every customer.”
CashStand’s current focus is in California with locations in El Monte, Van Nuys, Inglewood and Compton. The next phase of California stores will be in Oxnard, San Jose and Carson. There are also plans to be in Texas by the end of the month with 12 more CashStands.
CashStand is the nation’s newest and most innovative Payday brands. With a quickly growing retail presence and a customer focused approach to lending, CashStand is setting the bar higher in the Payday business. CashStand also has an aggressive online position that includes a wide range of social media. Through education and responsible lending CashStand is committed to providing real financial options and alternatives to those who are underserved by traditional banking. For more information, contact CashStand at (800) 944-9820 (800) 944-9820 or visit us online at www.cashstand.com.