Austin, TX (PRWEB) August 26, 2012
William P. Tedrow, CEO of Excel Finance Company (“Excel”) announced today that Excel has acquired Carroll Finance, headquartered in Alexandria, LA. Carroll Finance brings approximately 285 active customer relationships to Excel’s existing customer base. Excel plans to merge the operations of Carroll Finance into Excel’s existing branch office in Alexandria.
William Tedrow stated, “Excel has served the Alexandria community for several years now. This is a market where we want to grow and the Carroll acquisition provides Excel with that opportunity. I would like to personally welcome the customers of Carroll Finance into the Excel Organization. Excel brings with it an array of loan products which will provide Carroll Customers with expanded options for their current and future borrowing needs.”
About Excel Finance:
Founded in 1999, Excel, through various lending subsidiaries, is a leading provider of consumer and auto loans to over 20,000 active customers across Texas and Louisiana. Excel currently has 31 branch locations with over 140 employees.
Additionally, Excel is an active buyer of locally-owned finance companies throughout Texas and Louisiana. Excel provides local business owners with an exit strategy, while providing a post-closing business model which preserves customer relationships that have been built over years of hard work.
If you have any inquiries, please contact Julie Vorbeck at (512) 608-0035 or email jvorbeck(at)excelfinco(dot)com.