What is Check Center?
Check Center operates 17 locations, providing essential financial services including check cashing, payday loans, and MoneyGram transfers. The company positions itself as a provider of fast and easy access to cash, catering to individuals within a 25-mile radius of Oakland, CA. Beyond its core lending services, Check Center demonstrates a commitment to community support through revenue donations for scholarships and local needs, alongside its EZ Cash loan service designed for rapid cash advances.
How much funding has Check Center raised?
Check Center has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Check Center
PPP
Public-Private Partnership
What's next for Check Center?
The substantial total funding of $350K and the recent strategic investment indicate Check Center is in a late-stage growth phase, likely focusing on scaling its operations and expanding its service offerings. This capital infusion is expected to bolster its market position as a trusted provider of accessible financial solutions in California, potentially enabling further community outreach initiatives and technological enhancements to its lending platforms.
See full Check Center company page
