SMART Financial Operations, LLC | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

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We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

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Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

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We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor

SMART Financial Operations, LLC

$80 Million 12/28/2018 Specialty Finance Complete
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Transaction Details

  • On December 28, 2018, SMART Financial Operations, LLC, a leading sponsor-backed pawn platform, secured a new $40 million Senior Secured Term Loan and $40 million Delayed Draw Term Loan from funds affiliated with Comvest Credit Partners and Crystal Financial, LLC
  • Founded in 2016, SMART Financial currently operates over 60 pawn stores distributed across six U.S. states and three Canadian provinces
  • SMART Financial offers non-recourse, fully collateralized pawn loans and sells merchandise which primarily consists of used merchandise purchased from or forfeited by pawn loan customers
  • Transaction proceeds will be used to refinance existing debt and fund future pawn store acquisitions
  • Stephens Inc. served as exclusive financial advisor to SMART Financial in the transaction

About the company

Based in Orlando, FL, SMART Financial, with its team of experienced financial services and human resources professionals, specializes in the acquisition and operation of pawn store operating groups. The company currently operates stores in the United States and Canada. New store expansions are actively being pursued. Through the philosophy and practice of focusing on recruiting, training, and incenting world class talent, SMART Financial is able to provide a gratifying customer experience that is not commonly found in the pawn industry. For more information, please visit

Sources: Company Provided and Publicly Available Information.
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