Regional Management

What Regional Management does

Regional Management Corp. (NYSE: RM) is a diversified consumer finance company founded in 1987 and headquartered in Greer, South Carolina, operating under the consumer-facing brand Regional Finance. The company provides fixed-rate, fixed-term installment loans—secured (including auto-collateralized) and unsecured—to borrowers with limited access to credit from banks, thrifts, and credit card issuers. Its loan portfolio stood at $2.1 billion as of Q1 2026 across 20 U.S. states, with an auto-secured sub-portfolio of $300 million that grew 38% year-over-year. Related insurance products are sold alongside the core lending offerings.

The company distributes through a multi-channel platform comprising company-owned branches, centrally-managed direct mail, digital partner channels, retailer point-of-sale partnerships, and the RegionalFinance.com consumer website. Under an integrated branch model, nearly all loans—regardless of origination channel—are serviced in-person through the branch network, which provides frequent customer contact and relationship-based retention. In March 2026, Regional Management entered a bank-partnership with nationally-chartered Column N.A. to originate secured and unsecured installment loans under Column's charter, expanding the program from 1 to 12 branches by Q1 2026 and accelerating multi-state rollout.

Regional Management generates revenue primarily through interest and fees on its installment loan portfolio, supplemented by related insurance product sales. The company funds its balance sheet through a combination of securitizations (12 transactions to date, including a $253 million issuance in October 2025 and an $250 million issuance in November 2024) and a $355 million syndicated credit facility closed in August 2025. Q1 2026 record revenue of $167.3 million was up 9.4% year-over-year, with diluted EPS up 69% to $1.18 and an all-time-best operating expense ratio of 12.2%. Leadership transitioned in November 2025 with the appointment of Lakhbir Lamba (formerly EVP at PNC overseeing $32 billion in consumer lending assets) as President and CEO.

Name

Regional Management

Legal name

Regional Management Corp.

Website

http://www.regionalmanagement.com/

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Regional Management Corp. is a publicly traded consumer finance company (NYSE: RM) that provides fixed-rate installment loans—secured and unsecured—to credit-constrained consumers across 20 U.S. states through a multi-channel platform anchored by an integrated branch network under the Regional Finance brand.

Ownership category

akta.pro rank

Product category

Consumer Finance / Installment Lending

NAICS

Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Specialty Consumer Loan Servicing & Collections (Subprime) (FSAKAOAJ)

Keywords

• Consumer installment loans
• Auto-secured lending
• Subprime consumer finance
• Branch-based lending
• Personal loan products

Headquarters

HQ city

Greer

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Installment Loan Products: Regional Management Corp. provides installment loan products structured on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty. The company generates revenue through interest and fees on its loan portfolio.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Regional Management Corp. is a diversified consumer finance company that originates fixed-rate, fixed-term installment loans to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. Loan products include both secured loans (including auto-secured loans) and unsecured loans, structured with fully amortizing equal monthly payments and repayable at any time without penalty. Loans are distributed through an integrated multi-channel platform spanning branches, direct mail, digital partners, retailers, and the consumer website, with nearly all loans serviced through the company's branch network.

Product overview

Regional Management Corp. operates as a diversified consumer finance company under the 'Regional Finance' brand, offering a portfolio of installment loan products to customers with limited access to traditional credit. The product suite consists of two core offerings: Secured Installment Loans (including the Auto-Secured Portfolio sub-product valued at $300 million) and Unsecured Installment Loans. All products are structured on a fixed rate, fixed term basis with fully amortizing equal monthly payments repayable without penalty. The company distributes through a multi-channel platform including branches, direct mail, digital partners, retailers, and its consumer website, with nearly all loans serviced through its integrated branch network. Related Insurance Products are offered alongside the core lending products.

Differentiator

Problem solved

Functional benefit

Products and services

• Secured Installment Loans Fixed-rate, fixed-term installment loans secured by collateral (including vehicles via the auto-secured portfolio), structured with fully amortizing equal monthly payments and no prepayment penalties. Designed for consumers with limited access to traditional bank credit who can offer collateral.
• Unsecured Installment Loans Fixed-rate, fixed-term installment loans originated without collateral, structured with fully amortizing equal monthly payments and no prepayment penalties. Targeted at consumers with limited access to traditional bank or credit card credit who do not have collateral to pledge.
• Related Insurance Products Insurance products offered alongside installment loans to provide additional financial protection and value to Regional Management's consumer borrower base.

Quantifiable outcome

• 11.3% year-over-year portfolio growth to $2.1 billion
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Column N.A.coreStrategic or Co-development Partner · 3 March 2026Regional Management partnered with Column N.A. on March 3, 2026 to accelerate growth and expand market reach. Column serves as a bank partner for Regional's secured and unsecured installment lending products in select states. The partnership leverages Column's national banking charter to bypass state-specific regulatory frameworks, enabling faster entry into new markets and broader product offerings while enhancing operational uniformity across states. The partnership expanded from 1 to 12 branches with positive early origination data as of Q1 2026.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Enova International: Enova is an online-focused subprime and near-prime consumer and SMB lender; though primarily digital rather than branch-led, it overlaps with Regional Management in serving credit-underserved U.S. consumers with installment products.
• PROG Holdings: PROG Holdings operates Progressive Leasing, the largest U.S. virtual lease-to-own provider serving subprime consumers at point of sale; it overlaps with Regional's retailer-partnership channel and underserved customer segment, though via leases rather than installment loans.
• Springstone Financial: Springstone provides installment loans for healthcare and home improvement to near-prime and credit-challenged consumers, overlapping with Regional's customer profile and installment product structure but focused on specific use cases.

Broad incumbents

• Ally Financial: Ally is a large diversified consumer and auto finance incumbent that competes with Regional Management in auto-secured lending to non-prime consumers as part of a much broader consumer banking and lending portfolio.

Direct peers

• CURO Group Holdings: CURO is a subprime consumer lender offering installment and revolving credit products, sharing Regional Management's target customer base and direct-to-consumer/branch origination mix.
• OneMain Holdings: OneMain Holdings is the largest U.S. consumer installment lender serving non-prime borrowers through a branch-anchored model, closely matching Regional Management's customer segment, product mix (secured/unsecured installment loans), and distribution philosophy.
• World Acceptance Corporation: World Acceptance provides small installment loans to underserved consumers through a U.S. branch network, with virtually identical product economics, customer profile, and regulatory exposure to Regional Management.
• Mariner Finance: Mariner Finance is a privately held direct competitor offering installment loans, auto-secured loans, and home equity products to non-prime consumers through a multi-state branch network with a very similar operating model to Regional Management.
• Lendmark Financial Services: Lendmark offers installment loans and debt consolidation products to consumers with limited credit access through branch locations, directly competing with Regional Finance in overlapping southeastern and midwestern states.

Regional players

• Heights Finance: Heights Finance is a regional installment lender serving underbanked consumers through branches in select U.S. states with a similar product mix and customer focus, though with a smaller geographic footprint than Regional Management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/rgnalmngmntcorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds6 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Regional Management