Regional Management Corp is a diversified consumer finance company that provides installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. The company operates under the name Regional Finance online and in branch locations across 19 states in the United States. As of December 31, 2025, Regional Management Corp served 590,800 active accounts through an omni-channel platform that includes branches, centrally managed direct mail campaigns, digital partners, and a consumer website. The company’s integrated branch model ensures that nearly all loans, regardless of origination channel, are serviced through its branch network with support from centralized sales, underwriting, service, collections, and administrative teams. This model allows for frequent in-person contact with customers, which the company believes improves credit performance and customer loyalty. Regional Management Corp’s goal is to consistently grow its finance receivables while managing portfolio risk and offering attractive, easy-to-understand loan products that meet varied financial needs.

Regional Management Corp generates revenue primarily through interest and fee income from its large and small installment loan products, as well as net income from optional payment and collateral protection insurance products. The company’s core products include large installment loans ranging from $2,501 to $35,000 with terms between 18 and 60 months, and small installment loans ranging from $500 to $2,500 with terms up to 48 months. These loans are typically secured by non-essential household goods and/or a vehicle lien. In addition to lending, the company offers optional insurance products such as credit life, accident and health, involuntary unemployment, and personal property insurance, which are not required to obtain a loan. Revenue is derived from interest and fees charged on outstanding loan balances and net premiums earned from insurance products offered to borrowers. The company does not sell insurance to non-borrowers and treats all insurance purchases as optional and cancellable under specified terms.

The company operates through the following segments: Large Loans, Small Loans, and Optional Payment and Collateral Protection Insurance Products.

• The Large Loans segment offers installment loans with cash proceeds ranging from $2,501 to $35,000 and terms between 18 and 60 months. These loans are typically secured by non-essential household goods and/or a vehicle. As of December 31, 2025, the segment had 289,300 large loans outstanding representing $1.6 billion in finance receivables, or an average of approximately $5,500 per loan. In 2025, interest and fee income from large loans contributed $382.9 million to total revenue.

• The Small Loans segment offers installment loans with cash proceeds ranging from $500 to $2,500 and terms up to 48 months. These loans are typically secured by non-essential household goods and/or, to a lesser extent, a vehicle lien. As of December 31, 2025, the segment had 301,500 small loans outstanding representing $547.0 million in finance receivables, or an average of approximately $1,800 per loan. In 2025, interest and fee income from small loans contributed $196.0 million to total revenue.

• The Optional Payment and Collateral Protection Insurance Products segment offers credit life insurance, accident and health insurance, involuntary unemployment insurance, and personal property insurance as optional complements to loan products. These insurance products are not required to obtain a loan and vary by state based on applicable laws and regulations. In 2025, insurance income, net contributed $45.6 million to total revenue, representing 7.1% of the company’s total revenue for the year.

Regional Management Corp operates in the highly fragmented consumer finance industry, competing with national companies operating over 300 branches, regional firms with 100 to 300 branches, and independent operators with fewer than 100 branches. The company differentiates itself through its omni-channel platform, integrated branch model with centralized support, and focus on customers with limited access to traditional credit. Its competitive advantages include fixed-rate, fully amortizing loan structures, reporting payment performance to credit bureaus to help customers build credit history, and underwriting based on ability to repay rather than ability to collect. The company believes its loan products are significantly more attractive than alternatives like payday, pawn, and title loans, which often carry APRs over 300%, while its large and small loans had weighted-average APRs of 30.6% and 44.3% respectively for loans originated in 2025.

Regional Management Corp serves customers who typically have less-than-perfect credit profiles and are generally considered subprime, non-prime, or near-prime consumers. These customers often do not qualify for prime financing from banks, thrifts, credit card providers, or other lenders but still have a need and desire to utilize credit. The company does not disclose specific customer names in its filing. Instead, it describes its customer base as individuals seeking affordable and transparent credit products to meet varied financial needs, including those looking to improve their credit history through responsible repayment behavior and eventual transition to prime sources of credit.