Finance companies are non-bank financial institutions that provide loans to individuals and businesses without accepting deposits like traditional banks. They fund these loans by issuing short-term and long-term debt instruments. Their primary function is to offer consumer credit, personal loans,... Read More
Finance companies are non-bank financial institutions that provide loans to individuals and businesses without accepting deposits like traditional banks. They fund these loans by issuing short-term and long-term debt instruments. Their primary function is to offer consumer credit, personal loans, and business financing solutions.
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