Nicholas Financial, Inc. is a consumer finance company based in Clearwater, Florida. Established in 1985, the company specializes in purchasing and servicing auto loans made by franchised and independent auto dealers. Nicholas Financial's stock has been publicly traded on the NASDAQ - GS Global Select Market System under the symbol NICK since 1987.
The company offers a range of services, including payment options, dealer services to help increase sales and maximize profits for automobile dealers, and employment opportunities for individuals looking to start a career in consumer finance. Nicholas Financial is committed to maintaining quality service and has implemented a restructuring plan to adapt to changing market conditions and reduce expenses. With a focus on maximizing shareholder equity, the company aims to return to profitability by originating new business on a smaller scale with an emphasis on quality indirect loans.
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