captive finance company

(redirected from Captive Finance Companies)
Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Mentioned in ?
References in periodicals archive ?
During his eight previous years at JP Morgan, Selle covered automotive original equipment manufacturers, captive finance companies, suppliers, tyre manufacturers and dealers.
All lender types experienced growth in year-over-year quarterly loan volume, with banks up by USD 31bn, credit unions up by USD 25bn, finance companies up by USD 24bn and captive finance companies up by USD 9bn
For now, captive finance companies and banks are the industry's most aggressive competitors.
Auto loan ABS originated by captive finance companies has continued to out-perform auto loan ABS originated by non-captive originators," said Shah.
There are 624 captive finance companies operating in the islands, managing $19 billion in assets and writing in excess of $4 billion in premiums every year.