NCP Finance Launches Website to Provide Access to Credit for Consumers Locked Out of Banks

Share Article launched on Jan. 26, 2011. The site will reach out to neighborhood retail credit providers to provide more credit access for the estimated 60 million people who are shut-out from traditional bank sources.

With one quarter of U.S. households having limited access or no access to banks or other traditional financial services, NCP Finance of Dayton, Ohio, has positioned itself to provide access to credit for an increasingly underserved percentage of the population.

According to a 2009 report from the Federal Deposit Insurance Corp., roughly 60 million people are shut-out from traditional bank sources. NCP Finance offers products through Credit Service Organizations that provide quick, easy access to credit and are based in neighborhood retail outlets across the country.

“Working with CSO affiliates, we fund cash advances, title loans and installment loans for 6 of the largest 10 retail companies operating as a CSO,” says NCP Finance CEO Steve Mcallister.

As the actual lender, NCP Finance provides funds for retail outlets to loan directly to consumers. NCP Finance launched a website at on Jan. 26, 2011, to reach out to neighborhood retail credit providers in the fast-growing market. NCP Finance hopes the site will expand its reach in the CSO lending market, thereby benefiting more consumers.

Quick Facts:

  • NCP Finance was founded in 2005 in Dayton, Ohio, by a management team led by entrepreneur Lee Schear
  • NCP Finance helped pioneer the Credit Service Organization lending model to provide credit for an increasing number of consumers shut out from traditional banks
  • In six years, NCP Finance has grown to be one of the world's largest CSO lenders with clients from Texas to Australia


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Steve Mcallister
NCP Finance
(937) 853-0909
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