Family Financial Center Begins Acquisition Program

November 11, 2004 10:00AM EST
Doylestown, PA (Business Wire) - November 11, 2004

Family Financial Centers L.L.C. announced its plans for a rapid acquisition expansion program. FFC has entered into an agreement with an investment banking group to provide funding to be utilized to purchase independent alternative financial service centers converting them to the Family Financial Centers brand.

President and co-founder, Paul Eckert, stated that this would allow Family Financial Centers to grow rapidly yet intelligently and provide immediate revenue stream to new franchisees. Bruce Chamberlin, Executive Vice President and co-founder, stated that the company's goal is to provide an exit strategy for independently run check cashers and PayDay loan providers and repackage those locations to provide a high level of service to our customers.

Family Financial Centers has positioned itself to be the true alternative full-service financial center for the unbanked.