Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Commercial Credit Group Inc history
Commercial Credit Group Inc company history timeline
In 1958 it started a national drive to get financing business from boat dealers and manufacturers, and the following year it bought the long-term auto leases of Greyhound Rent-A-Car.
Nevertheless, the firm earned $25.4 million in 1965 on sales of $307.4 million.
Loews Theatres Inc. quietly began buying CCC stock, announcing a takeover attempt in April 1968 when it had acquired ten percent of the company.
The firm consolidated its leasing units in 1970 and formed a real estate finance unit the following year.
In 1974 CCC formed an insurance division.
Thereafter, the company began regaining its health, earning about $80 million in 1985 on revenue of about $1.1 billion.
Bianco, Anthony, “Commercial Credit Has a Hot New Asset: Sandy Weill,” Business Week, September 29, 1986.
In 1988 Weill used the rejuvenated CCC as a springboard to buy Primerica Corp.
By 1989 CCC had 490 offices in 29 states and $3.4 billion in receivables.
In 1991 CCC bought Landmark Financial Services Inc., the consumer finance branch of MNC Financial, for about $370 million.
In 1993 CCC introduced a new computer-based branch information system called Maestro.
"Commercial Credit Company ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/commercial-credit-company
Rate how well Commercial Credit Group Inc lives up to its initial vision.
Commercial Credit Group Inc jobs
Do you work at Commercial Credit Group Inc?
Is Commercial Credit Group Inc's vision a big part of strategic planning?
Commercial Credit Group Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Mariner Finance | 2002 | $13.0M | 50 | 106 |
| Lendmark Financial | 1996 | $6.0M | 50 | 294 |
| Federal Financial Services | 1995 | $1.6M | 45 | - |
| Heights Finance | 1992 | $16.0M | 200 | 96 |
| NATIONAL FINANCE CREDIT CORPORATION OF TEXAS | 1930 | $10.0M | 13 | - |
| Century Bank and Trust | 1890 | $8.5M | 150 | - |
| AmeriCash Loans | 1997 | $640,000 | 7 | 4 |
| Century Finance | - | $380,000 | 6 | - |
| City Loan | 1995 | $9.0M | 300 | - |
| S&T Ban | 1902 | $158.1M | 1,040 | 57 |
Zippia gives an in-depth look into the details of Commercial Credit Group Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Commercial Credit Group Inc. The employee data is based on information from people who have self-reported their past or current employments at Commercial Credit Group Inc. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Commercial Credit Group Inc. The data presented on this page does not represent the view of Commercial Credit Group Inc and its employees or that of Zippia.
Commercial Credit Group Inc may also be known as or be related to COMMERCIAL CREDIT GROUP INC, Commercial Credit Group and Commercial Credit Group Inc.