Nicholas Financial is a specialized finance company that provides funding for pre-owned automobiles and light trucks. The company acquires and services retail installment sales contracts from automobile dealerships through its branch office locations. The company also provides direct consumer loans, primarily to its customer base. Established in August of 1985, Nicholas Financial has grown into a network of Business Development Centers throughout the Southeast and most recently the Midwest. Nicholas Data Services, the company’s software subsidiary, designs, develops, supports and sells accounting software to small businesses and provides information services to the finance company.