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Finance Company
(redirected from finance companies)

    Also found in: Dictionary/thesaurus, Encyclopedia 0.01 sec.
Finance company
A company whose business and primary function is to make loans to individuals, while not receiving deposits like a bank.
Consumer Finance Company
A non-bank lender. A consumer finance company does not receive deposits, but does make loans to customers for business or personal use. It derives its profits from the interest on these loans. It is also called simply a finance company.
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Recently some car finance companies have come up and they are providing car loans to people who possess bad credit scores.
Take It Easy with Bad Credit Car Loan by S Moronse / Finance and Investment community
Mike Semanco, President and COO of Hennessey Capital, says the deal is not surprising given the reduction in available credit for finance companies, let alone businesses in general.
Hennessey Capital LLC by Detroiter
And for the most part, DIP financing has only been offered by banks and corporate finance companies to large companies.
A Non Bank Source of DIP Financing by Marco Terry / Business community
 
 
 
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