Cash Converters signs $300k sponsor deal

International pawn broker Cash Converters has signed a three-year $300,000 naming rights sponsorship deal with the state's under-18 junior rugby league club, the WA Reds.

The Perth-based listed company, which also provides lending services, was a former sponsor of the Western Reds rugby league side which entered the NSW Rugby League competition as an expansion team in 1995.

Cash Converters managing director, Peter Cumins said the opportunity to sponsor a junior side some 15 years later re-affirms Cash Converters' commitment to boost support for rugby league in Western Australia.

"Cash Converters is proud to commit to this three-year grass-roots sponsorship agreement to support the development of junior Rugby League in this state," he said.

"We hope it will allow these young players to not only hone their rugby league skills and gain valuable competition experience, but also to shine on the national sporting stage."

Players from the team were presented with new team jerseys this morning, joined by WA Rugby League chairman, Terry Creasey and chief executive, John Sackson.

The under-18 Cash Converters WA Reds squad joined the New South Wales-based S.G Ball Cup Rugby League competition for the first time this season.