CRV Team

Saar Gur

Progress Financial

Progress Financial Corporation is a consumer finance company that offers unsecured credit to Hispanics that lack established credit and banking relationships. Customers are hard working immigrants who have been in the US for 10 years and at the same job for 3.3 years. Under the brand name, Progreso Financiero, the company markets, sells and disburses $500 - $5000 loans in Spanish from a network of distribution points located inside large Hispanic supermarkets and high traffic malls. Currently locations are in the Bay Area, but the company has plans to expand rapidly to other parts of California and the United States. For more information, visit http://www.progressfin.com.

    In The News

  • 07/08/2010

    Progreso Financiero Closes $28 Million in New Funding from Madrone…more

  • 01/20/2010

    Progress Financial in The Wall Street Journal: FDIC:Banks Not Regularly…more

  • 01/20/2010

    Progress Financial in San Francisco Chronicle: 25% of U.S. households…more

  • 01/20/2010

    Progress Financial in Bloomberg: Gutierrez Says Progreso Has Made Over…more