captive finance company

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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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We are very proud to be the first automotive-owned captive finance company to have made the commitment and investment in Islamic finance, forming a joint venture to be able to serve our customers, while respecting their culture and beliefs.
The new company will be involved in the finance business as a captive finance company, mainly offering finance services for Hino trucks and buses with the aim of strengthening customer relations.
NASDAQ: NTWK) said that it has signed an agreement to implement NetSol Financial Suite's Wholesale Finance System (WFS) module with a leading Japanese auto captive finance company based in Thailand.
The facility is scheduled to be guaranteed by Textron's captive finance company, Textron Financial Corporation (TFC).
These dynamics are not expected to impact captive finance company ratings, given the continued strength of credit metrics relative to historical averages, and the direct ratings linkages to corporate parents which are themselves generally exhibiting improved credit profiles.
Mercader is a captive finance company whose main activity is to provide financing to clients of DINA Camiones.
VCI), the captive finance company which provides competitive financial products and services specifically to Volkswagen and Audi dealers and their customers throughout the U.
Navigator Holdings owns and operates a captive finance company, Navigator Acceptance.
The deal represented the first international securitisation issuance through a Singapore incorporated SPV listed on Singapore Exchange, as well as being the first public issuance out of Korea by a foreign captive finance company in recent years.
As the captive finance company supporting Daimler Trucks North America (DTNA) dealers selling Freightliner and Western Star brands, Daimler Truck Financial recaptured the top spot from PACCAR Finance, which supports dealers selling Kenworth and Peterbilt brands.
The rating actions are based on CFS' repayment of its term debt and continuing explicit support provided to CIC with its new business model as CFS transitions to a non captive finance company.
CACF and FGA have agreed to extend the term of their alliance in respect of FGAC to ensure the long term sustainability of FGAC, the captive finance company that handles FGA's main financing activities in retail auto financing, dealership financing, long-term car rental and in fleet management.