Nicholas Financial posts 137% YoY increase in direct loan originations in fiscal Q1

The company continues to invest in technological advancements and expand its branch network


© Can Stock Photo / kentoh

After posting a 137% year-over-year increase in direct loan originations to $5.7 million, Nicholas Financial reinvested its earnings into company training, geographic expansion and technologies.   Indirect originations also increased 21% YoY to $20.3 million, according to last week’s earnings report. The Clearwater, Fla.-based lender increased its direct and indirect originations YoY for the past two […]

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