Lendmark Financial Services, LLC, based at 2118 Usher Street in Covington, has reached an agreement to acquire 127 branch offices and related loan assets from Springleaf Financial. The move will extend Lendmark’s presence into Arizona, Colorado, Idaho, Ohio, Texas, Washington and California, while also expanding its presence in a number of the 13 states it already operates in. With the acquisition Lendmark is set to become a leader in the consumer finance industry.
Covingtons Lendmark Financial Services to acquire 127 branches
Transaction will give Lendmark 321 branches and more than 330,000 customers in 20 state