finance company

(redirected from finance companies)
Also found in: Thesaurus, Financial.

finance company

n.
A company that makes loans to clients.

finance company

or

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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.finance company - a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses
nondepository financial institution - a financial institution that funds their investment activities from the sale of securities or insurance
consumer finance company, small loan company - a finance company that makes loans to people who have trouble getting a bank loan
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
sales finance company - a finance company that buys (at a discount) the installment sales contracts of retail merchants
commercial credit company, commercial finance company - a finance company that makes loans to manufacturers and wholesalers
References in periodicals archive ?
Minimum down payment requirements on finance company loans have been lowered twice in recent years - first in June 2015 and again in December 2016 - and are now as low as 5% for some finance companies.
In addition to mortgage finance firms, the Bank of Tanzania is also mandated to licence and supervise banks, financial institutions, credit reference bureaus, bureaus de change and lease finance companies.
Since then it has been reported that kill switches are being used by finance companies in relation to customers with poor credit ratings and that the FCA are investigating this.
Muscat, April 22 (ONA) The latest statistics released by Muscat Securities Market (MSM) show that the profits of MSM listed finance companies grew in the first quarter (Q1) 2015 compared to Q1, 2014.
Premium finance companies generally structure payments under their premium finance agreements so that the insured's debt shrinks faster than the value of the unearned premiums.
This article discusses the developments that have occurred in the finance environment generally and it also discusses the key points in relation to finance companies.
In February, the RBI had introduced a separate category for non-banking finance companies (NBFCs) engaged mainly in infrastructure financing to help boost lending to such projects.
Different premium finance companies offer agents and customers different packages that vary on many points beyond rates.
We have program solutions for input wholesalers and retailers, equipment manufacturers, commodity merchandisers and finance companies.
Niehaus, chairman of Greenhill Capital Partners, added, "Several large manufactured housing finance companies have exited the business over the last few years due to significant credit losses resulting from poor underwriting policies.
However banks and finance companies have not been helpful, which prevents many prospective clients training with us.
We are starting the business in Oklahoma with the idea of doing some acquisitions of small finance companies," Bailey says.

Full browser ?