Nicholas Financial grows total portfolio in fiscal Q4 amid focus on direct lending

Direct loan originations increased 6% YoY as of Q4, and 12% YoY at yearend

© Can Stock Photo / welcomia

Nicholas Financial’s increased focus on direct-to-consumer lending has continued to pay off, with the lender posting year-over-year growth for the 12th straight quarter. In the fourth quarter of fiscal year 2021 ended March 31, 2021, direct loan originations increased 5.8% YoY to $3.3 million in principal balances. Nicholas Financial has increased its direct portfolio on […]

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