CHARLOTTE, N.C. -

Metrolina Credit Co., which specializes in subprime auto financing, recently opened its first branch outside of North Carolina.

The newest addition to the company’s branch network of four full-service operations is located in Greenville, S.C. 

The footprint growth also marks the company’s first expansion branch since Metrolina Credit was acquired by ML Credit Group a year ago.

“We are extremely excited to announce our Greenville branch opening – our first branch outside the state of North Carolina,” ML Credit Group president and chief executive officer Doug Marohn said. “The opening of this branch reinforces our commitment to controlled organic growth and expansion to additional markets in multiple states.”

Metrolina acquires and services car and light truck installment contracts that it purchases from dealers in the local market. Along with the new branch in South Carolina, Metrolina Credit also has locations in the Tar Heel cities of Charlotte, Concord and High Point.

“We are reaping the rewards from the performance of our proven branch-based business model in all of the markets we serve,” Marohn said. “It is our intention to add additional markets in the Carolinas and beyond as they can be developed.”

More information about the company can be found on its website at www.metrolinacredit.com.