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captive finance company

   Also found in: Financial 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.captive finance company - a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products
finance company - a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses


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Navigator Holdings owns and operates eight independent automobile dealerships, Navigator Dealer Group LLC, and a captive finance company, Navigator Acceptance LLC.
Navigator Holdings owns and operates eight independent automobile dealerships, Navigator Dealer Group LLC, and a captive finance company, Navigator Acceptance LLC.
To date the performance of Fitch rated dealer floorplan ABS is within expectations with few signs of stress from the financial pressure being experienced at the manufacturer, captive finance company and dealership levels.
 
 
 
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