When was Advance America founded?

Advance America was founded in 1997.

Where is Advance America located?

Advance America is headquartered in Greenville, United States. It is registered at Spartanburg,South Carolina.

How many employees does Advance America have?

As of Sep 30, 2026, the latest employee count at Advance America is 2764.

How much is Advance America worth?

The last known valuation of Advance America was $***** as of Feb 15, 2012.

What is the annual revenue of Advance America?

Annual revenue of Advance America is between $500M and $1B as on Dec 31, 2011

Where does Advance America rank among its competitors?

Advance America ranks 12th amongst 2104 active competitors, of which 55 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was TFS, which secured $750M in Jul, 2020.

Who are the top competitors of Advance America?

Advance America's top competitors include loanDepot, TFS and Freedom Mortgage. Among them, TFS secured the most recent funding round in July, 2020.

Advance America - 2026 Company Profile, Funding, Competitors & Financials

Advance America is an acquired company based in Greenville (United States), founded in 1997. It operates as an Online platform for consumer loans. , with last known valuation of $*****. The company has 2104 active competitors, including 55 funded and 160 that have exited. Its top competitors include companies like loanDepot, TFS and Freedom Mortgage.

Company Details

Advance America is an online platform for consumer loans. It offers loans such as payday loans, installment loans, credit lines, personal loans, title loans, and more. Loans are provided on the basis of income statements, credit scores, loan terms, and more. Repayment can be done via credit/debit cards or bank transfers.

Website: www.advanceamerica.net/
Social
Email ID: *****@advanceamerica.net
Phone Number: +1 **********
Part Of
Registered Address: Spartanburg,South Carolina

Key Metrics

Founded Year

1997

Location

Greenville, United States

Stage

Acquired

Last Known Valuation

$***** as on Feb 15, 2012

Investors

Stephens

Ranked

12^th among 2104 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2011

Employee Count

2,764 as on Sep 30, 2026

Similar Companies

Home Credit & 1120 more

Exit Details

Acquired by Grupo Elektra (Feb 15, 2012)

View Advance America's full profile

Advance America is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Advance America, Cash Advance Centers, Inc. CIN: 1299704 , United States, Active		$500M - $1B (As on Dec 31, 2011)	-	-
ADVANCE AMERICA, CASH ADVANCE CENTERS, INC CIN: 582332639 , United States, Active	Dec 31, 1999	-	2506 (As on Dec 31, 2024)	-

Advance America got acquired by Grupo Elektra on Feb 15, 2012 at an acquisition amount of $*****.

Click here to take a look at Advance America's acquisition in detail

Advance America is a funded company. Advance America has 1 institutional investor.

View details of Advance America's funding rounds and investors

Advance America's employee count trend

Advance America has 2,764 employees as of Sep 26. Here is Advance America's employee count trend over the years:

Employee count trend for Advance America

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Top competitors of Advance America include loanDepot, TFS and Freedom Mortgage. Here is the list of Top 10 competitors of Advance America, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	loanDepot 2010, Lake Forest (United States), Public	Mortgage lender providing home loans, refinancing, and home equity solutions	$71.9M	Parthenon Capital	72/100
2nd	TFS 1983, Denver (United States), Funding Raised	Auto financing firm	-	-	66/100
3rd	Freedom Mortgage 1990, Mount Laurel Township (United States), Funding Raised	Home loans provider	-	Tribune Publishing, J P Morgan Wealth Management ... & 1 others	65/100
4th	Northern Trust 1889, Chicago (United States), Public	Provider of financial and wealth management services	-	Habitat for Humanity Metro Denver	65/100
5th	Rate 2000, Chicago (United States), Late Stage	Provider of mortgage loans	-	Thomas H Lee Partners	63/100
6th	Wintrust 1991, Rosemont (United States), Public	Bank offering diversified financial services	-	CIVC Partners	63/100
7th	Veterans United Home Loans 2002, Columbia (United States), Unfunded	Home loans provider	-	-	61/100
8th	Nelnet 1998, Lincoln (United States), Public	Provider of diversified services including loan servicing, payment processing, and technology	-	-	60/100
9th	Consumer Portfolio Services 1991, Irvine (United States), Public	Auto loans provider	-	Citi, LLCP	59/100
10th	EZCORP 1989, Austin (United States), Public	Asset-backed loans provider	-	-	59/100
12th	Advance America 1997, Greenville (United States), Acquired	Online platform for consumer loans	-	Stephens	58/100