Solved

A Company That Specializes in Making Loans to the Customers

Question 31

Multiple Choice

A company that specializes in making loans to the customers of a particular retailer or manufacturer would best be categorized as a

A) sales finance institution.
B) personal credit institution.
C) business credit institution.
D) lease finance company.
E) factoring company.

Related Questions

Q26: Home equity loans have<br>A)become less profitable for

Q27: Finance companies have been among the slowest

Q28: Factoring is the process of purchasing accounts

Q29: Factoring involves<br>A)making loans to customers that depository

Q30: As the economic expansion continued through the

Q32: Because finance companies do not accept deposits,

Q33: Wholesale loans are loan agreements between corporations

Q34: Major finance companies did not suffer as

Q35: Equipment leasing to customers is a function

Q36: Finance companies charge different rates than do