Lendmark Financial Services Acquires Receivables Portfolio from Century Finance

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Lendmark Financial Services, a leading provider of consumer loan solutions, has announced the acquisition of all receivables from Century Finance, Inc., a family-owned consumer finance company in North Carolina. As Century Finance closes its business due to the retirement of its owners, Lendmark will integrate the acquired portfolio of nearly 10,000 customer accounts into its existing North Carolina branch network and provide ongoing service and support to the transitioning customers.

Why it matters

The acquisition allows Lendmark to expand its customer base and lending operations in North Carolina, one of its strongest markets. It also provides continuity of service for Century Finance's customers, who will now be served by Lendmark's network of 11 branches in the state.

The details

Lendmark will integrate the acquired portfolio of receivables into its existing North Carolina branch network and provide ongoing service and support to transitioning customers through 11 Lendmark branches in the state and its central servicing center. Customers will be serviced by the Lendmark branch closest to their residence. Employees of Century Finance are also eligible to apply for open positions at Lendmark, including any available roles in the company's North Carolina market.

• The transaction was announced on March 12, 2026.

What they’re saying

What’s next

Lendmark will work to integrate the acquired portfolio of receivables from Century Finance into its existing North Carolina branch network and provide ongoing service and support to the transitioning customers.