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finance company
(redirected from finance companies)

   Also found in: Financial, Encyclopedia 0.02 sec.
finance company
n.
A company that makes loans to clients.

finance company, house
n
(Economics, Accounting & Finance / 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
ThesaurusLegend:  Synonyms Related Words Antonyms
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


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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.
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.
And for the most part, DIP financing has only been offered by banks and corporate finance companies to large companies.
 
 
 
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