Keyword Analysis & Research: finance company definition


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What are the roles of finance companies?

Corporate finance is a department in a company that handles all of the financial matters of a business or company, and some say the role of corporate finance is pivotal to the success of a company. The primary purpose of corporate finance is to evaluate assets to determine if the company should invest in them.

What defines a "finance company"?

A finance company is an organization that makes loans to individuals and businesses. Unlike a bank, a finance company does not receive cash deposits from clients, nor does it provide some other services common to banks, such as checking accounts.

What does finance company mean?

finance company - a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses. ... The premium finance company pays the remaining premiums due under the policy, and in return the insured makes an agreed-upon number of monthly payments to the premium finance company.

What is a financing company?

Finance company, specialized financial institution that supplies credit for the purchase of consumer goods and services by purchasing the time-sales contracts of merchants or by granting small loans directly to consumers.

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