What CNG Holdings does

CNG Holdings, Inc. is a privately held U.S. consumer financial services company headquartered in Cincinnati, Ohio (7755 Montgomery Road, Suite 500). Founded in 1994 with the opening of the first Check 'n Go loan store in Covington, Kentucky, and incorporated in 2006 as a wholly owned subsidiary of CNG Financial Corporation, the company provides personal financial solutions to everyday consumers seeking short-term credit, installment loans, cash advances, and lease-to-own options. It serves individuals who need to cover unexpected expenses or bridge gaps between paychecks — typically customers with limited access to traditional banking credit.

Operations run through a multi-brand, multi-channel platform spanning nearly 450+ retail locations under Check 'n Go (nearly 380 stores, with online launched in 2003), Allied Cash Advance (acquired 2012), and Cash Store (150+ locations in three states), supplemented by online-only installment loan Xact, issued under a partnership with Capital Community Bank (a Utah Chartered Bank, Member FDIC, Provo, UT). The company also operated TEMPOE, a no-credit-required leasing service that is no longer seeking or accepting payments on leased property, indicating wind-down of that subsidiary. CNG maintains dedicated brand websites (checkngo.com, alliedcash.com, xact.com, cashstore.com, tempoe.com) and a corporate site (cng.com) for digital application and account management.

Revenue is generated on a transaction-fee basis across three streams: installment loans (both online via Xact and in-store via Check 'n Go), cash advances at Allied Cash Advance and Cash Store locations, and legacy leasing services from TEMPOE (in runoff). Customer acquisition relies on a combination of physical retail presence and branded digital properties supported by SEO/organic search. The company employs 1,001-5,000 staff in the U.S. and operates exclusively domestically, with no stated international footprint.

Name

CNG Holdings

Legal name

CNG Holdings, Inc.

Website

https://cng.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

CNG Holdings, Inc. is a privately held U.S. consumer financial services company offering installment loans, cash advances, and leasing services to subprime consumers through nearly 450+ retail locations and online platforms under the Check 'n Go, Allied Cash Advance, Cash Store, and Xact brands.

Ownership category

akta.pro rank

Product category

Consumer Lending

NAICS

Sales Financing (52222)

SIC

Personal Credit Institutions (6141), Loan Brokers (6163)

akta.pro primary industry

Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)

Keywords

• Consumer lending
• Installment loans
• Cash advances
• Lease-to-own
• Personal financial services

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Installment Loans: CNG Holdings generates revenue through installment loans offered both online and at retail locations under brands including Xact and Check 'n Go. Xact is an online-only installment loan offered by Capital Community Bank.
2. Cash Advance Services: Revenue generated from cash advance and short-term lending products offered at retail store locations under Allied Cash Advance and Cash Store brands.
3. Leasing Services (TEMPOE): TEMPOE provides no-credit-required leasing services with multiple payment options. Note: TEMPOE is no longer seeking or accepting payments on leased property.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels2 records

Core offering

CNG Holdings provides personal financial solutions to individual consumers through installment loans, cash advances, and no-credit-required leasing services. These products are distributed under multiple brands (Check 'n Go, Allied Cash Advance, Cash Store, Xact, and TEMPOE) via nearly 450+ U.S. retail store locations and branded online lending platforms, targeting everyday consumers seeking short-term credit and alternative financing options.

Product overview

CNG Holdings operates as a personal financial solutions provider through a family of five distinct brands. The company offers online and in-person lending services (Check `n Go with 380+ stores), digital-only installment loans (Xact via Capital Community Bank), retail-based financial services (Allied Cash Advance and Cash Store with 150+ locations), and lease-to-own options (TEMPOE). These brands collectively serve consumers needing loans, cash advances, and alternative financial products across retail locations and online channels.

Differentiator

Problem solved

Functional benefit

Brands

• CNG Cares: Corporate social responsibility program focusing on volunteer hours and financial donations to selected organizations including Ronald McDonald House, St. Jude, Boys & Girls Club, American Red Cross, and others. Provides 4 hours of paid volunteer time off annually to associates.

Products and services

• Check 'n Go Check 'n Go provides online and in-person personal financial solutions for individual consumers, including installment loans. Operates nearly 380 retail stores across the U.S. and a digital platform supporting online applications, account management, and payments.
• Xact Xact is an online-only installment loan product offered through Capital Community Bank, providing digital-first personal lending services to individual consumers.
• Allied Cash Advance Allied Cash Advance is a retail store-based offering providing personal financial solutions and cash advances to individual consumers through physical storefront locations acquired by CNG Holdings.
• Cash Store Cash Store provides personal financial solutions at approximately 150+ retail locations across 3 U.S. states, targeting consumers needing short-term credit and cash-flow assistance.
• TEMPOE

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Two partnerships are on record, tiered core.

• Capital Community BankcoreStrategic or Co-development PartnerCapital Community Bank, a Utah Chartered Bank with main offices in Provo, UT (Member FDIC), partners with CNG Holdings to offer Xact online installment loans. This partnership allows CNG to provide online lending products through a regulated banking partner.
• CNG Financial CorporationcoreOthersCNG Holdings, Inc. is a privately held financial services company and wholly owned subsidiary of CNG Financial Corporation.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• EZCORP: EZCORP operates pawn and short-term consumer lending stores across the U.S. and Latin America under the EZPAWN and Cash Converters brands. It is comparable to CNG Holdings in retail-driven, face-to-face small-dollar lending to subprime consumers, though its pawn-secured model differs from unsecured installment.
• FirstCash Holdings: FirstCash is the largest U.S. pawn/specialty consumer finance operator with significant international presence following its 2021 merger with Cash America. It overlaps with CNG's Cash Store and Allied Cash Advance stores in serving liquidity-constrained consumers via in-person retail financial services, though with a broader pawn-secured lending model.
• Enova International: Enova is an online-only specialty consumer and SMB lender operating brands like CashNetUSA and NetCredit. It is comparable to CNG's Xact online installment offering in targeting non-prime consumers with digital installment products, though its fully online model contrasts with CNG's hybrid approach.
• OneMain Holdings: OneMain is the largest U.S. installment lender to non-prime consumers, operating ~1,400 branches nationwide. While it serves a more prime-leaning credit profile than CNG's customers, its product (unsecured personal installment loans), distribution (branch-based), and regulatory environment make it a relevant comparable.

Direct peers

• Regional Management Corp. Regional Management operates a branch-based consumer installment loan business serving prime-to-subprime borrowers across the southern and central U.S. It is highly comparable to CNG Holdings' store-based installment lending model, though smaller in footprint and geographic reach.
• Advance America: Advance America operates one of the largest U.S. networks of retail payday and installment lending stores. It is a direct competitor to Check 'n Go and Allied Cash Advance in store-based short-term consumer lending, with similar customer profiles and product mix.
• World Acceptance Corporation: World Acceptance is one of the largest U.S. installment lending specialists, operating ~1,000+ retail centers serving subprime consumers with personal loans. It is the most direct operational peer to CNG Holdings' Check 'n Go and Allied Cash Advance businesses in terms of product, customer, and store-based distribution model.
• CURO Group Holdings: CURO is a multi-channel consumer finance company operating installment and line-of-credit products online and in stores under brands like Speedy Cash and LendDirect. It competes directly with Check 'n Go and Cash Store in the U.S. installment lending market with a similar online-plus-retail GTM.
• Lendmark Financial Services: Lendmark operates a branch-based consumer installment loan business across the U.S. serving near-prime and subprime borrowers. It shares CNG Holdings' retail-driven personal installment lending model and customer demographic focus.

Emerging players

• MoneyLion: MoneyLion is a digital consumer finance platform offering earned wage access, credit-building loans, and banking products to non-prime consumers. It competes with CNG's online installment and cash advance products (especially Xact) via a mobile-first model targeting the same underbanked customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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 CNG Holdings