Cash Advance Services Market By Type, By Deployment, By Service Provider, By End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

The Cash Advance Services Market is likely to experience a significant growth rate of 6.6% from 2023-2032, owing to the rise in the needs of short-term financing needs among individual and businesses - Allied Market Research

Rising awareness about short-term loans among the youth population and the increasing growth of digital payment infrastructure, especially in developing economies, are some of the important factors that boost the global cash advance services market across the globe. In addition, the rapid rise in government efforts to promote financial inclusion positively impacts the growth of the market. This is attributed to the fact that the provision of cash advance services present a considerable growth prospects to foster a more resilient and inclusive financial ecosystem, empowering underserved populations to access the financial resources they require to enhance their livelihoods and achieve their financial goals. For instance, in the U.S., the Consumer Financial Protection Bureau (CFPB) has issued regulations that cap the interest rates and fees that cash advance providers can charge. These strategic initiatives will fuel the growth outlook of cash advance services market.

However, factors such as the high interest rate charged by cash advance lenders, along with the negative impact of payday loans on credit scores are expected to hamper the market growth. On the contrary, an increase in the adoption of advanced technologies in the lending landscape is expected to provide a lucrative opportunity to boost the growth of the market around the world.

The cash advance services market is segmented on the basis of type, deployment, service providers, end users, and region. By type, the market is bifurcated into credit card cash advances, merchant cash advances, payday loans, and others. By deployment, the market is divided into online and offline. By service providers, the market is segregated into banks, credit card companies, and others. By end user, the market is divided into personal and commercial. Region-wise, it is analyzed across North America (the U.S., and Canada), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The global cash advance services market is dominated by key players such as American Express Company, CAN Capital Inc., Creditstar Group, Finova Capital, LLC, National Business Capital, Paypal, Social Finance Inc., Square Inc., and THL Direct, and TitleMax, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. For instance, in June 2023, Square Inc. proclaimed the beta launch of new banking and spend management solutions for its U.S. sellers, including new credit tools and features that facilitate businesses to simplify their cash flow management and secure their finances. Such strategic developments are likely to fuel the growth of cash advance services market.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global cash advance services market forecast along with the current & future trends to explain the imminent investment pockets.
information about key drivers, restraints, & opportunities and their impact analysis on global cash advance services market trends is provided in the report.
Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2022 to 2032 is provided to determine the market potential.

Additional benefits you will get with this purchase are:

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Technology Trend Analysis
Regulatory Guidelines
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Reimbursement Scenario
SWOT Analysis

Key Market Segments

By Type

Credit Card Cash Advance
Merchant Cash Advance
Payday Loans
Others

By Deployment

Online
Offline

By Service Provider

Bank
Credit Card Company
Others

By End User

Personal
Commercial

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

PayPal
TitleMax, Inc.
THL Direct
CAN Capital, Inc.
Social Finance, Inc.
Square Inc.
American Express Company
National Business Capital
Creditstar Group
Finova Capital, LLC

Product Code: A10399

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Raising awareness about short-term loans among the youth population
  - 3.4.1.2. Increasing growth of digital payment infrastructure
  - 3.4.1.3. Rapid rise in government efforts to promote financial inclusion
- 3.4.2. Restraints
  - 3.4.2.1. High interest rate charged by cash advance lenders
  - 3.4.2.2. Negative impact of payday loans on credit score
- 3.4.3. Opportunities
  - 3.4.3.1. Increase in the adoption of advanced technologies in the lending landscape

CHAPTER 4: CASH ADVANCE SERVICES MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Credit Card Cash Advance
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Merchant Cash Advance
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Payday Loans
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: CASH ADVANCE SERVICES MARKET, BY DEPLOYMENT

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Online
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Offline
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: CASH ADVANCE SERVICES MARKET, BY SERVICE PROVIDER

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Bank
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Credit Card Company
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Others
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: CASH ADVANCE SERVICES MARKET, BY END USER

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Personal
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Commercial
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country

CHAPTER 8: CASH ADVANCE SERVICES MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Type
- 8.2.3. Market size and forecast, by Deployment
- 8.2.4. Market size and forecast, by Service Provider
- 8.2.5. Market size and forecast, by End User
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Market size and forecast, by Type
  - 8.2.6.1.2. Market size and forecast, by Deployment
  - 8.2.6.1.3. Market size and forecast, by Service Provider
  - 8.2.6.1.4. Market size and forecast, by End User
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Market size and forecast, by Type
  - 8.2.6.2.2. Market size and forecast, by Deployment
  - 8.2.6.2.3. Market size and forecast, by Service Provider
  - 8.2.6.2.4. Market size and forecast, by End User
8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Type
- 8.3.3. Market size and forecast, by Deployment
- 8.3.4. Market size and forecast, by Service Provider
- 8.3.5. Market size and forecast, by End User
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. UK
  - 8.3.6.1.1. Market size and forecast, by Type
  - 8.3.6.1.2. Market size and forecast, by Deployment
  - 8.3.6.1.3. Market size and forecast, by Service Provider
  - 8.3.6.1.4. Market size and forecast, by End User
  - 8.3.6.2. Germany
  - 8.3.6.2.1. Market size and forecast, by Type
  - 8.3.6.2.2. Market size and forecast, by Deployment
  - 8.3.6.2.3. Market size and forecast, by Service Provider
  - 8.3.6.2.4. Market size and forecast, by End User
  - 8.3.6.3. France
  - 8.3.6.3.1. Market size and forecast, by Type
  - 8.3.6.3.2. Market size and forecast, by Deployment
  - 8.3.6.3.3. Market size and forecast, by Service Provider
  - 8.3.6.3.4. Market size and forecast, by End User
  - 8.3.6.4. Italy
  - 8.3.6.4.1. Market size and forecast, by Type
  - 8.3.6.4.2. Market size and forecast, by Deployment
  - 8.3.6.4.3. Market size and forecast, by Service Provider
  - 8.3.6.4.4. Market size and forecast, by End User
  - 8.3.6.5. Spain
  - 8.3.6.5.1. Market size and forecast, by Type
  - 8.3.6.5.2. Market size and forecast, by Deployment
  - 8.3.6.5.3. Market size and forecast, by Service Provider
  - 8.3.6.5.4. Market size and forecast, by End User
  - 8.3.6.6. Rest of Europe
  - 8.3.6.6.1. Market size and forecast, by Type
  - 8.3.6.6.2. Market size and forecast, by Deployment
  - 8.3.6.6.3. Market size and forecast, by Service Provider
  - 8.3.6.6.4. Market size and forecast, by End User
8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Type
- 8.4.3. Market size and forecast, by Deployment
- 8.4.4. Market size and forecast, by Service Provider
- 8.4.5. Market size and forecast, by End User
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Market size and forecast, by Type
  - 8.4.6.1.2. Market size and forecast, by Deployment
  - 8.4.6.1.3. Market size and forecast, by Service Provider
  - 8.4.6.1.4. Market size and forecast, by End User
  - 8.4.6.2. India
  - 8.4.6.2.1. Market size and forecast, by Type
  - 8.4.6.2.2. Market size and forecast, by Deployment
  - 8.4.6.2.3. Market size and forecast, by Service Provider
  - 8.4.6.2.4. Market size and forecast, by End User
  - 8.4.6.3. Japan
  - 8.4.6.3.1. Market size and forecast, by Type
  - 8.4.6.3.2. Market size and forecast, by Deployment
  - 8.4.6.3.3. Market size and forecast, by Service Provider
  - 8.4.6.3.4. Market size and forecast, by End User
  - 8.4.6.4. South Korea
  - 8.4.6.4.1. Market size and forecast, by Type
  - 8.4.6.4.2. Market size and forecast, by Deployment
  - 8.4.6.4.3. Market size and forecast, by Service Provider
  - 8.4.6.4.4. Market size and forecast, by End User
  - 8.4.6.5. Australia
  - 8.4.6.5.1. Market size and forecast, by Type
  - 8.4.6.5.2. Market size and forecast, by Deployment
  - 8.4.6.5.3. Market size and forecast, by Service Provider
  - 8.4.6.5.4. Market size and forecast, by End User
  - 8.4.6.6. Rest of Asia-Pacific
  - 8.4.6.6.1. Market size and forecast, by Type
  - 8.4.6.6.2. Market size and forecast, by Deployment
  - 8.4.6.6.3. Market size and forecast, by Service Provider
  - 8.4.6.6.4. Market size and forecast, by End User
8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Type
- 8.5.3. Market size and forecast, by Deployment
- 8.5.4. Market size and forecast, by Service Provider
- 8.5.5. Market size and forecast, by End User
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Latin America
  - 8.5.6.1.1. Market size and forecast, by Type
  - 8.5.6.1.2. Market size and forecast, by Deployment
  - 8.5.6.1.3. Market size and forecast, by Service Provider
  - 8.5.6.1.4. Market size and forecast, by End User
  - 8.5.6.2. Middle East
  - 8.5.6.2.1. Market size and forecast, by Type
  - 8.5.6.2.2. Market size and forecast, by Deployment
  - 8.5.6.2.3. Market size and forecast, by Service Provider
  - 8.5.6.2.4. Market size and forecast, by End User
  - 8.5.6.3. Africa
  - 8.5.6.3.1. Market size and forecast, by Type
  - 8.5.6.3.2. Market size and forecast, by Deployment
  - 8.5.6.3.3. Market size and forecast, by Service Provider
  - 8.5.6.3.4. Market size and forecast, by End User

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022

CHAPTER 10: COMPANY PROFILES

10.1. Finova Capital, LLC
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
10.2. American Express Company
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
10.3. Square Inc.
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
10.4. National Business Capital
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
10.5. PayPal
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
- 10.5.7. Key strategic moves and developments
10.6. TitleMax, Inc.
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
10.7. THL Direct
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
10.8. Social Finance, Inc.
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.8.7. Key strategic moves and developments
10.9. Creditstar Group
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
10.10. CAN Capital, Inc.
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Key strategic moves and developments