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Home » Nicholas Financial direct originations jump 84% YoY in fiscal Q3

Nicholas Financial direct originations jump 84% YoY in fiscal Q3

Indirect originations also increased 27.5% YoY

Amanda HarrisbyAmanda Harris
February 1, 2022
in Earnings
Reading Time: 2 mins read
0
Dealers Seek Quicker Response Time, More Data From Lenders, New Study Finds

Nicholas Financial continues to see an upward trajectory in origination volume as the lender expands its physical footprint and human capital. Direct originations clocked in at $8.5 million, an 84.7% year-over-year increase, while indirect originations increased 27.5% YoY to $19.5 million, according to the lender’s earnings report. This marks the fourth consecutive quarter that Nicholas […]

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