finance company

n. A company that makes loans to clients.

finance company

finance house

n (Banking & Finance) an enterprise engaged in the loan of money against collateral or speculatively to manufacturers and retailers, esp one specializing in the financing of hire-purchase contracts

fi′nance com`pany

n. an institution engaged in such specialized forms of financing as lending money with goods as security.

Thesaurus

Noun

finance company - a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businessesnondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insuranceconsumer finance company, small loan company - a finance company that makes loans to people who have trouble getting a bank loancaptive finance company - a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's productssales finance company - a finance company that buys (at a discount) the installment sales contracts of retail merchantscommercial credit company, commercial finance company - a finance company that makes loans to manufacturers and wholesalers

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.

finance company

noun

Words related to finance company

noun a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses

Related Words

nondepository financial institution
consumer finance company
small loan company
captive finance company
sales finance company
commercial credit company
commercial finance company