Nicholas Financial, Inc. (Nicholas Financial-Canada) is a holding company. The Company's business activities are conducted through its subsidiary, Nicholas Financial, Inc. (Nicholas Financial). Nicholas Financial is a consumer finance company engaged primarily in acquiring and servicing automobile finance installment contracts (Contracts) for purchases of used and new automobiles and light trucks. Nicholas Financial originates direct consumer loans (direct loans) and sells consumer-finance related products. Another subsidiary, Nicholas Data Services, Inc. (NDS), acts as the interim holding company for Nicholas Financial. The Company is engaged in the business of providing financing programs, primarily on behalf of purchasers of used cars and light trucks. The Company provide Direct Loans in approximately 14 states. The Company’s automobile finance programs are conducted in approximately 16 states through a total of approximately 45 branch offices.