According to the firm, the new office is the company’s 198th location and continues Regional Management’s expansion into the Southwest.
Commenting on the inauguration of the new office in New Mexico, Regional Management chief executive officer Thomas Fortin said the firm is pleased to introduce its diverse set of loan products to New Mexicans, providing them with a range of alternatives to meet their financial needs.
"New Mexico provides a great de novo opportunity for Regional Management as we continue to prudently grow our business through further branch expansion and increasing the distribution of our various product offerings for underbanked consumers," Fortin added.
Regional Management is a specialty consumer finance company offering a broad spectrum of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders.
Established in 1987 with four branches in South Carolina, Regional Management today, manages its branch network to 194 locations with over 164,000 active accounts across South Carolina, Texas, North Carolina, Tennessee, Alabama and Oklahoma.
