FirstCash

FirstCash is an international operator of pawn stores, with over 2,800 locations and approximately 16,000 employees across the United States and Latin America. The company focuses on serving consumers who require cash or credit solutions through its retail pawn operations. Its primary business involves providing small loans secured by personal property, allowing borrowers to repay the loans with interest or forfeit the collateral without further penalty. FirstCash generates the majority of its revenue from its U.S. pawn segment, with nearly 30% coming from interest on loans and around 70% from reselling forfeited items, which include a diverse range of merchandise such as jewelry, electronics, tools, appliances, and musical instruments. Additionally, the company operates a segment offering retail point-of-sale payment solutions.