has multiple issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages a major contributor to this article appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . september 2011 learn how and when to remove this template message the topic of this article may not meet wikipedia s notability guidelines for companies and organizations . please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention . if notability can not be established the article is likely to be merged redirected or deleted . find sources advance america cash advance news newspapers books scholar jstor free images september 2011 learn how and when to remove this template message learn how and when to remove this template message advance america type subsidiary industry financial services founded 1997 headquarters spartanburg sc area served usa key people william m. webster iv chairman of the board j. patrick o shaughnessy president ceo director revenue us 600 million fy 2010 1 net income us 35.8 million fy 2010 2 total assets us 432 million fy 2010 3 total equity us 235 million fy 2010 4 number of employees 6 000 december 2013 parent grupo salinas website advanceamerica.net advance america cash advance was founded in 1997 and is the largest provider of the non bank cash advance services in the united states . 5 as of december 31 2013 advance america operated over 2500 lending centers in 29 states and 18 centers in canada . 6 advance america does not franchise any of its centers in the united states or canada and does not provide pawn lending or similar services . 7 advance america is a member of the consumer financial services association of america 8 which sets best practices standards for its membership . 9 advance america provides its cash advances in small denomination short term amounts . 10 the advances come due on the customer s next payday . 11 the company s stated goal is to attract customers by offering straightforward rapid access to short term funding while providing high quality professional customer service . 12 advance america s current president and ceo is j. patrick o shaughnessy . 13 o shaughnessy previously served as the company s cfo . william webster iv 14 a former clinton administration official 15 is chairman of the board . 16 buyout edit in 2012 grupo elektra a wholly owned subsidiary of grupo salinas acquired advance america the largest payday loan company in the united states for an estimated 780 million usd . 17 references edit advance america cash advance centers inc. consolidated statements of income . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm fa79501 item 8 . financial statements and supplementary data advance america cash advance centers inc. consolidated statements of income . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm fa79501 item 8 . financial statements and supplementary data advance america cash advance centers inc. consolidated balance sheets . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm fa79501 item 8 . financial statements and supplementary data advance america cash advance centers inc. consolidated statements of stockholders equity . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm fa79501 item 8 . financial statements and supplementary data advance america cash advance centers inc. form 10 k for the year ended december 31 2010 . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm advance america cash advance centers inc. form 10 k for the year ended december 31 2010 . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm advance america cash advance centers inc. form 10 k for the year ended december 31 2010 . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm community financial services association of america website . cfsa corporate member companies . cfsaa.com accessed july 20 2011 . http cfsaa.com about cfsa 2011 cfsa members.aspx community financial services association of america website . cfsa member best practices . cfsaa.com . accessed july 20 2011 . http cfsaa.com about cfsa 2011 cfsa members.aspx advance america cash advance centers inc. form 10 k for the year ended december 31 2010 . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm advance america cash advance centers inc. form 10 k for the year ended december 31 2010 . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm advance america cash advance centers inc. form 10 k for the year ended december 31 2010 . filed with the securities and exchange commission march 3 2011 . http www.sec.gov archives edgar data 1299704 000104746911001973 a2202472z10 k.htm advance america cash advance ceo & executives . businessweek.com . accessed july 20 2011 . http investing.businessweek.com research stocks people people.asp ticker aea us http investing.businessweek.com businessweek research stocks people person.asp personid 7404712 & ticker aea us & previouscapid 4303924 & previoustitle lkq % 20corp archived copy . archived from the original on october 20 2011 . retrieved 2011 10 04 . advance america cash advance ceo & executives . businessweek.com . accessed july 20 2011 . http investing.businessweek.com research stocks people people.asp ticker aea us grupo elektra to acquire advance america for 10.50 per share external links edit http www.advanceamerica.net advance america cash advance centers nyse aea buyout shareholder lawsuit retrieved from https en.wikipedia.org w index.php title advance america cash advance & oldid 742620660 categories companies listed on the new york stock exchangefinancial services companies of the united statescompanies based in south carolinahidden categories use mdy dates from june 2013wikipedia articles with possible conflicts of interest from september 2011articles with topics of unclear notability from september 2011all articles with topics of unclear notabilitypages using infobox company 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