New Advance Financial location opens in Lenoir City

Advance Financial opened its eighth Knoxville-area store Monday in Lenoir City. The 24-hour location is at 835 Highway 321 North. "Advance Financial is one of the only companies in its industry that is open to serve customers around the clock," Jamie Reeves from marketing firm the Bradford Group wrote in a news release. The Nashville-based firm has 77 locations and employs more than 700, according to the news release. "At Advance Financial we are very committed to providing the highest-quality service to the residents of East Tennessee," Tina Hodges, the company's chief executive and chief experience officer, said in the news release. "We are excited to come to Lenoir City and become a part of the community here. We look forward to meeting everyone and assisting them in securing their financial futures." The company offers small-dollar loans, check cashing, prepaid cards, international wire service, free bill payment and free money orders. Loans actually work as a line of credit, called a FLEX Loan, giving access to funds without late fees or early payoff penalties, according to the news release. Advance Financial is a family-owned company founded in 1996. It was named to the Inc. 5000 list of the fastest-growing private companies in the country for the fifth year in a row, the news release said. Original Source: Knoxville News Sentinel