Community Loan Center 2023 FDD

COMMUNITY LOAN CENTER CORPORATION, a Texas corporation (“CLC” or “Community Loan Center”), is a part of the Rio Grande Valley Multibank Corporation (“RGVMB”). RGVMB was founded in 1995 by six investing stockholder banks and its current operations cover the Rio Grande Valley. The Community Loan Center Corporation was established by RGVMB to administer its “Affordable Small Dollar Loan Program” to provide a community service in the form of an alternative to payday loans and other more costly loan programs. A “Community Loan Center” franchise gives you the right to offer small dollar loans (a cash advance of no more than $1000) in a designated geographic territory

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