Frontera Investment Inc. (FRNV)

Overview

Frontera Investment, Inc. specializes in providing a wide range of financial services aimed primarily at individuals who lack traditional banking services. Operating out of Poway, California, Frontera Investment extends its operations through 13 full service stores, with 12 of these located within California and an additional store in Florida. Their services are particularly designed to accommodate the un-banked and under-banked segments of the financial services market, offering solutions such as check cashing, loans, and money transfer services.

Products and Services

• Check Cashing Services: Frontera offers a comprehensive range of check cashing options which include payroll, tax checks, government checks, insurance drafts, cashier's checks, business checks, and more. These services provide a crucial financial bridge for individuals who do not have access to traditional banking.
• Payday Loans, Cash Advances, and Payday Advances: These short-term borrowing options are designed to help individuals manage immediate financial needs until their next paycheck.
• Auto Title, Car Title, and Pink Slip Loans: Frontera provides secured loans that use the borrower's vehicle title as collateral. This option typically suits those in need of larger loan amounts.
• Gold Buying and Selling: The company also engages in the buying and selling of gold, offering customers an option to liquidate their gold assets in exchange for cash.
• Pawn Loans: For customers with valuable but non-monetary assets, Frontera offers pawn loans, which are quick, short-term loans provided in exchange for personal property as collateral.
• Money Transfer Services: Serving as an agent for Western Union, the company facilitates domestic and international money transfers, making it easier for customers to send and receive money across the globe.
• Bill Pay Services: Frontera provides convenient bill payment solutions, allowing customers to pay utility bills, rent, and other monthly obligations directly through their service.
• Money Orders: Acting as an agent, the company issues money orders, a secure way to make payments or send funds through the mail.
• Currency Exchange: Catering to the needs of travelers and foreign workers, Frontera offers currency exchange services, providing clients with access to various foreign currencies.
• Additional Services: Further diversifying its portfolio, Frontera also provides international faxing, prepaid cellular services, notary services, and sells lottery tickets, phone cards, post office boxes, stamps, photocopies, and photo membership cards.