Nicholas Financial Announces the Opening of New Branch Office in Akron, Ohio
September 09 2009 - 10:29AM
PR Newswire (US)
CLEARWATER, Fla., Sept. 9 /PRNewswire-FirstCall/ -- Nicholas
Financial, Inc. (Nasdaq, NICK), today announced the opening of a
new branch office located in Akron, Ohio. The new location
continues the Company's planned expansion of its branch office
network, which now includes, forty-nine (49) offices in Florida,
Georgia, North Carolina, South Carolina, Virginia, Ohio, Michigan,
Maryland, Kentucky, Indiana, Alabama and Tennessee. Each of the
offices is a full-service lending and collection facility. Nicholas
employees have been working to develop business in the Akron area
for several months prior to the opening of the new location. The
new Akron office is the third (3rd) Nicholas Financial branch
established in the greater Cleveland area and the seventh in the
state of Ohio. The Company will continue to evaluate potential
branch locations in both new and existing markets. Nicholas
Financial acquires and services automobile and light truck
installment sales contracts that it purchases from over 1,500 new
and used car dealers. Nicholas Financial, Inc. is one of the
largest publicly traded specialty consumer finance companies based
in the Southeast. The Company presently operates out of 49 branch
locations in both the Southeast and the Mid-West States. The
Company has approximately 10,500,000 shares of common stock
outstanding. For an index of Nicholas Financial, Inc.'s news
releases or to obtain a specific release, visit our web site at
http://www.nicholasfinancial.com/. DATASOURCE: Nicholas Financial,
Inc. CONTACT: Ralph Finkenbrink, Sr. Vice President, CFO, Nicholas
Financial, Inc., +1-727-726-0763 Web Site:
http://www.nicholasfinancial.com/
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