Читать книгу Corporate Finance For Dummies - Michael Taillard - Страница 35

Sales financing institutions

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If you’ve been to a car dealership, furniture store, jewelry store, or some other retailer that deals in expensive merchandise, odds are you’ve been offered a loan that you can use to purchase an item immediately and then pay off the loan in installments. The store itself isn’t offering you the loan; a type of financing institution called a sales financing institution works with the store to give you the loan. Sales financing institutions work with both individuals and companies making large purchases.

Corporate Finance For Dummies

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