CLEARWATER, Fla., July 15, 2014 (GLOBE NEWSWIRE) — Nicholas Financial,
Inc. (Nasdaq:NICK), today announced the opening of the Company’s sixth
branch location in the South Florida area. The new branch located in
the Miami Lakes, Florida, continues Nicholas Financial’s planned
expansion of its branch office network. Each of the offices is a
full-service lending and collection facility. Nicholas employees have
been working to develop business in the Miami Lakes area for several
months prior to the opening of the new location.
The Nicholas Financial branch office network now includes sixty-six
(66) offices in 15 states. The Company will continue to evaluate
potential new branch locations in both new and existing markets.
Nicholas Financial acquires and services automobile and light truck
installment sales contracts that it purchases from new and used car