 Nicholas Financial, Inc. NICK an industry leading branch-based subprime auto leader focused on servicing the needs of the local independent dealer announced today that they have entered into an agreement with Platinum Auto Finance of Tampa Bay, LLC dba Platinum Auto Finance to acquire approximately 19 million of Platinums active and performing portfolio. This is the 3rd bulk portfolio purchase of Platinum Auto Finances receivable base in as many months. The first bulk purchases were 1.1 million and 0.9 million respectively, laying the groundwork for this much larger acquisition. 