Cash Converters opens 130th store

Retailer of pre-owned and nearly new goods Cash Converters has opened its 130th store in the UK. The new store is located in West Bromwich and is owned and operated by franchisee Henry Nhandra. Cash Converters is aiming to have over 145 stores open in the UK by the end of 2009.

Mark Lemmon, Chief Executive of Cash Converters said: 'This is a great achievement and our continued store growth reflects the popularity of the range of services, from pawnbroking and cheque cashing to buybacks, that Cash Converters is able to provide.

'As traditional forms of borrowing are becoming less widely available, people from all walks of life are realising the benefits of the various services offered by Cash Converters to meet short term financial requirements.'

Nathan Sermon, Business Development Manager for the North, adds: 'I'm positive that this new store will be a resounding success. At Cash Converters nothing is left to chance and there is a robust system of training, procedures and support in place to support Henry and his team. As well as recognised high street retailer, we offer peace of mind and fair prices for both buyers and sellers so everyone can benefit. '