Nicholas Financial grows direct business to 8% of portfolio
The lender expanded its direct focus two years ago
Nicholas Financial’s direct loan portfolio continues to grow as a result of the company’s increased focus on direct-to-consumer lending in the past two years. In the third quarter of fiscal year 2021 ended Dec. 31, 2020, direct loan originations increased by 2.6% year over year to $4.6 million in principal balances, according to the lender’s […]
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