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Nicholas Financial’s Milwaukee Grand Opening

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CLEARWATER, Fla., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Nicholas Financial, Inc. (NASDAQ: NICK) – an industry leading branch-based subprime auto lender focused on servicing the needs of the local independent dealer – announced today a grand opening celebration for our latest expansion branch office in Milwaukee, Wisconsin at 800 West Layton Avenue, Unit D on January 26, 2021. The official ribbon cutting ceremony will commerce at 4:00 pm and the celebration will continue until 6:30 pm. Please contact the local office at 414-377-7199 for more information regarding the event.

“The opening of our Milwaukee, WI branch office marks our 3rd new expansion branch opening in as many months,” commented Doug Marohn, president and CEO of Nicholas Financial. “We remain committed to growing our company in 2021 and beyond through increased market share in our existing locations, adding to our product mix with our direct loan program and expanding our branch network through new market entries. We are excited to have this excellent Milwaukee team be a part of our continued success.”

In addition to the new Milwaukee, Wisconsin office, the Company has a new office build-out underway in Salt Lake City, Utah. The Company is also now licensed in Arizona, New Mexico and Texas and has recently initiated expansion efforts in each of those states. For more information on Nicholas, visit www.nicholasfinancial.com.

About Nicholas Financial

Nicholas Financial, Inc. (NASDAQ:NICK) is a specialized consumer finance company, operating branch locations in primarily Southeastern and Midwestern U.S. States. The Company engages primarily in acquiring and servicing automobile finance installment contracts (“Contracts”) for purchases of used and new automobiles and light trucks. Additionally, Nicholas Financial originates direct consumer loans (“Direct Loans”) and sells consumer-finance related products. For an index of Nicholas Financial, Inc’s new releases or to obtain a specific release, please visit our website at www.nicholasfinancial.com.

Contact:Doug Marohn
 CEO
 Ph # (727)-726-0763

Nicholas Financial, Inc.

NASDAQ:NICK

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Credit Card Issuing
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United States of America
CLEARWATER

About NICK

nicholas financial, inc. provides direct consumer loans and purchases installment sales contracts from automobile dealers for used cars and light trucks. nicholas financial operates a network of 60+ branch offices in florida, alabama, georgia, illinois, indiana, ohio, kansas, kentucky, north carolina, pennsylvania, michigan, missouri, south carolina, virginia, tennessee and texas. the company’s stock has been publicly traded since 1987. it is listed on the nasdaq national market system under the symbol, nick.