OneMain Financial

OneMain Financial Real Estate represents one of the most established consumer finance companies in the United States, with a rich history spanning over 110 years since its founding in 1912. As a publicly traded company operating under OneMain Holdings, Inc. (NYSE: OMF), the organization has evolved into a leader in nonprime consumer lending, serving hardworking Americans who need responsible access to credit for life's important moments and unexpected challenges.

With an expansive network of more than 1,300 branches operating across 44 states, OneMain Financial has established an unparalleled physical presence in the consumer finance industry. The company maintains its corporate headquarters at 601 N.W. Second Street in Evansville, Indiana, where a team of nearly 9,000 dedicated professionals supports the organization's mission to improve the financial well-being of its customers. In 2024, OneMain Financial served 3.4 million customers nationwide, managing an impressive $24.7 billion in receivables.

OneMain Financial's core business model centers on providing personal loans ranging from $1,500 to $20,000, with fixed payments and no prepayment penalties. The company specializes in serving nonprime borrowers who may face challenges accessing traditional credit from larger banks, offering an average APR of less than 26 percent while maintaining responsible lending practices. Each loan is underwritten with careful consideration of the customer's unique financial situation, and the company's experienced team works personally with customers both in branches and through digital channels to structure loans that fit their needs.

The company's branch-based real estate strategy emphasizes the importance of local relationships and in-person service, recognizing that many customers prefer face-to-face interaction when making important financial decisions. OneMain Financial branches are strategically located in accessible strip mall and retail center locations, typically requiring 1,000 to 3,000 square feet of space. This modest footprint allows the company to maintain a cost-effective branch network while ensuring convenient access for customers across diverse communities, from major metropolitan areas to smaller towns and rural markets.

Beyond personal lending, OneMain Financial has successfully expanded into complementary financial services, including auto finance through its April 2024 acquisition of Foursight Capital, which quickly grew to $2.4 billion in receivables. The company also offers BrightWay® credit cards, which have attracted over 780,000 accounts representing $640 million in receivables, along with insurance products through OneMain Solutions. This multi-product platform enables the company to serve as a comprehensive financial partner for customers seeking credit solutions, insurance protection, and financial wellness tools.