Finance news. My opinion.

June 23, 2008

Nicholas Financial Inc. expands to Nashville

Filed under: economics — Tags: , , — Professor @ 5:45 pm

Nicholas Financial Inc. (NASDAQ:NICK) has opened it's first branch in Nashville on Gallatin Road in the Rivergate area.

The company acquires and services automobile and light truck installment sales contracts that it purchases from over 1,400 new and used car dealers.

Based in Clearwater, Fla., Nicholas Financial Inc. specializes in subprime auto and truck loans.

With assets of $190 million, the company is one of the largest publicly- traded specialty consumer finance companies based in the Southeast cashadvance.com.

Nicholas Financial has 48 branch locations in both the Southeast and Midwest.



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