Consumer Finance Company Coming Soon to Cleveland, OH

Finance Ministry seeks cabinet nod for stuck infra projects

About TMX Finance TMX Finance is one of the largest and fastest growing consumer finance companies in the United States. Our family of brands includes TitleMax, TitleBucks, EquityAuto Loan, Auto Cash, TMX Credit and InstaLoan. There are over 1,200 stores in 14 states and the company continues to grow. In fact, TMX Finance has doubled in size over the past 5 years and plans to maintain that rate of growth for the next several years.

VOLTA FINANCE – JULY MONTHLY REPORT

Volta Finance’s actual results, portfolio composition and performance may differ materially from the impression created by the forward-looking statements. Volta Finance does not undertake any obligation to publicly update or revise forward-looking statements. Any target information is based on certain assumptions as to future events which may not prove to be realised. Due to the uncertainty surrounding these future events, the targets are not intended to be and should not be regarded as profits or earnings or any other type of forecasts. There can be no assurance that any of these targets will be achieved.

So far, the government has been able to push through around 28 such projects with investment worth 1 lakh crore. “Now, we are aiming at big projects, above Rs 1,000 crore, stuck due to clearances required from more than one ministry,” said the finance ministry official quoted earlier, adding that banks have sanctioned Rs 1.3 lakh crore for these projects. Bankers, however, say revival of stalled projects will not spur credit growth immediately. “You have to understand that once the regulatory clearances come, it will take around six months to have some actual ground level movement,” an executive director with a state-run bank said.

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