Nicholas Financial ramps up direct lending with market expansion | Auto Finance News | Auto Finance News

Nicholas Financial ramps up direct lending with market expansion

© Can Stock Photo / meepoohyaphoto

Nicholas Financial is zeroed in on market share expansion and its direct loan product as it enters a refreshed growth phase, Chief Executive Doug Marohn told Auto Finance News. For the past two years, Nicholas Financial has played “defense,” Marohn said, focusing on protecting book value, cleaning up its portfolio and returning to disciplined underwriting. […]

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