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sales finance company

 

Definitions from WordNet

Noun sales finance company has 1 sense
  1. sales finance company - a finance company that buys (at a discount) the installment sales contracts of retail merchants
    --1 is a kind of
    finance company

Definitions from the Web

Sales Finance Company

A sales finance company is a financial institution that provides loans and credit facilities to consumers or businesses for the purchase of goods or services.

Senses

1. Noun - Financial Institution

A sales finance company, as a financial institution, offers various financial solutions to help individuals or businesses acquire goods or services on credit.

Example sentence: The sales finance company approved his loan application to purchase a new car.

2. Noun - Provider of Loans

A sales finance company serves as a provider of loans specifically designed for the purpose of financing purchases.

Example sentence: Alice opted to get a loan from a sales finance company instead of a traditional bank to buy her dream home.

3. Adjective - Pertaining to Sales Finance Companies

The term can also be used as an adjective to describe something related to sales finance companies.

Example sentence: The sales finance company industry is continuously evolving to meet the needs of consumers.

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