Makes consumer loans to individuals for personal and family needs, and buys sales finance contracts from retail dealers.
10-K for FY2025, filed Mar 31, 20261st Franklin Financial Corporation is a privately-held Georgia corporation headquartered in Toccoa, Georgia. The Company has been engaged…View ↗
We make direct cash loans primarily to people who need money for some non-recurring or unforeseen expense, for debt consolidation, or to…View ↗
Sales finance contracts are contracts purchased from retail dealers. These contracts have maturities that generally range from 3 to 60…View ↗
Borrowers pay interest and finance charges over the term of their loans, and optional credit-insurance premiums are earned over the coverage term. The company also receives a commission when an automobile club membership is sold.
10-K for FY2025, filed Mar 31, 2026Interest income is recognized using the effective interest method, whereby the Company recognizes interest revenue equitably over the term…View ↗
Premiums on property and casualty credit, credit life and accident and health insurance policies are deferred and earned over the insurance…View ↗
The Company sells auto club memberships as an agent for a third party. The Company has no further obligations after the date of sale as all…View ↗
$378M
10-K for FY2024, filed Apr 30, 2025
$378M ↗
Individuals with subprime, non-prime or near-prime credit profiles borrow directly through 1st Franklin’s branches; the company also buys sales finance contracts from retail dealers. It reaches prospective borrowers through direct-mail convenience checks.
10-K for FY2025, filed Mar 31, 20261FFC operates in the consumer finance industry. Our customers typically have subprime, non-prime, or near-prime credit profiles. As a…View ↗
Our branch network is the primary point of contact for our customers. Almost all loans, regardless of origination channel, are serviced…View ↗
The Company's net loan portfolio increased $136.3 million (14.9%) as of December 31, 2025 compared to December 31, 2024. Portfolio growth…View ↗
Sales finance contracts are contracts purchased from retail dealers. These contracts have maturities that generally range from 3 to 60…View ↗
Not on paper. It lost $5.6M in FY2024, but brought in more cash than it spent: $78.1M of free cash flow.
10-K for FY2025, filed Apr 1, 2026
−$5.6MView ↗
10-K for FY2025, filed Apr 1, 2026
$78.1MView ↗
Growing. Revenue grew 37% in 4 years, from $275M in FY2020 to $378M in FY2024, about 8% a year.
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