Metrolina Credit Co expands into Winston-Salem, NC
November 11, 2015 – FOR IMMEDIATE RELEASE – Charlotte, NC Metrolina Credit Company announced today their expansion effort into Winston-Salem, NC. Winston-Salem marks the Company’s fourth expansion market, and the seventh overall dedicated market. Metrolina intends to develop and service business from this market immediately through their High Point branch office, with a physical “brick and mortar” branch to open sometime in the 2nd Quarter of 2016.
“We believe Winston-Salem, NC is an excellent market for our brand and our product,” said Doug Marohn, President and CEO for Metrolina Credit Company. “We already have a strong presence in the area through our High Point, NC branch. Expanding into the Winston-Salem market with a full service branch operation will allow us to provide our borrowing customers as well as the area auto dealerships with the excellent level of service that has been the cornerstone of our success.”
In conjunction with the expansion effort into Winston-Salem, the Company also announced the addition of Fritz Peters to their Branch Management team as the Branch Manager for Winston-Salem. Mr. Peters joins Metrolina Credit Company after spending 7 successful years in the marketplace with North State Acceptance. Prior to North State, Fritz Peters has many years of Branch Management experience in the Auto Finance Industry with Nicholas Financial, JD Byrider, Drivetime and Regional Acceptance.
“Having Fritz Peters join the Metrolina Credit Company team is very exciting. For us to be able to attract such a high level of talent with his proven track record is a testament to the success we have been able to achieve over the last 2 years,” continued Marohn.
Metrolina Credit Company (owned by ML Credit Group, LLC) operates a network of branch offices throughout North and South Carolina, providing lending and financing solutions to the local markets. Each office is a full-service lending and collection facility. Metrolina acquires and services automobile and light truck installment contracts that it purchases from automobile dealers in the local market. More information on the company can be found on their website at www.metrolinacredit.com