Captive finance company - How To Discuss

Captive finance company,

Definition of Captive finance company:

1. Captive Finance Company's core services include basic card services, such as corporate credit cards and comprehensive banking services. It can provide the parent company with an important source of profit and risk.

2. Captive financial companies are wholly owned subsidiaries that finance the parent company's retail purchases. Dyeing in medium to large companies, depending on the size of the headquarters.

3. A wholly owned subsidiary of a manufacturing or retail company that finances the parent company's wholesale or retail purchases. For example, companies such as Ford, General Electric and Sears have their own financial companies that lend to buyers to buy the company's properties.

How to use Captive finance company in a sentence?

1. Occupying finance companies offer a wide range of banking and credit card services to retail customers, including multi-year auto loans.
2. The goal is to provide a significant source of profit for the parent company and to limit the company's risk. .
3. Captive financial companies are wholly owned subsidiaries of automobile manufacturers or dealers that provide loans and other financial services to the company's customers.