New CEO for Cash Doctors - Australia's Leading Payday Loan Company

As the Head of Corporate Development at MEM Consumer Finance Ltd., the parent company of the UK's leading payday loan providers, Nick Auchincloss radically increased the growth and profitability of the business. Now, taking on the recently appointed role of CEO, he is set to do the same with Cash Doctors.

Gold Coast, Queensland (PRWEB) January 31, 2008 -- Payday loans, while a new offering to the Australian market, have been around in the U.S and U.K. for some time and it is from the UK that new CEO, Nick Auchincloss joins the Cash Doctors team.

Nick has significant experience in the online quick cash market, having consulted to the UK's leading online payday loan company in its infancy before taking a full time role as Head of Corporate Development for 2 years, overseeing new loan offerings and developing the new loan approval system.

Cash Doctors' new CEO said of his new appointment, "It's great to be at the forefront of a new emerging loan market in Australia. I had observed the growth of Cash Doctors and their fast and efficient process from afar so I'm really excited to be here, helping customers cure their immediate cash needs with an instant online payday loan.

We're quick at approving the loans; fast at putting the cash in the customers' accounts - payment within one hour is unrivalled by other payday loan companies; and keen to make the payday loan process an easy one."

One of the things that initially impressed Nick about Cash Doctors was the fair, transparent and convenient approach to payday lending. Nick said, "I really believe in payday lending as an important tool in the customer's credit tool box.

They're there to meet short-term cash needs, however by being paid back on the customer's payday, they don't hang around long after you've spent the money! Payday loans help you meet that sudden, unexpected cash need - and within an hour, it really is instant cash relief from the Cash Doctor".

Cash Doctors founder, Greg Ellis said of the appointment, "We always knew that the opportunity for growth in the short term cash loan market would be immense. Bringing someone with Nick's experience across from the UK can only help Cash Doctors keep its rightful place at the head of Australian online payday lending industry".

With significant growth plans, continual new recruitment and greater efficiencies in providing quick cash to customers when they need it, Cash Doctors really are the leading online payday loan company in Australia.

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