industrial loan company (Meaning)
Wordnet
industrial loan company (n)
a finance company that makes small loans to industrial workers
Synonyms & Antonyms of industrial loan company
No Synonyms and anytonyms found
industrial loan company Sentence Examples
- The Industrial Loan Company of Hawaii offers a wide range of financial services, including savings accounts, checking accounts, and loans.
- The Industrial Loan Company of California was founded in 1925 and is now one of the largest thrift institutions in the United States.
- Industrial loan companies are regulated by the Office of the Comptroller of the Currency.
- Industrial loan companies are typically more flexible than banks in their lending practices, which makes them a good option for small businesses.
- The interest rates on loans from industrial loan companies are typically higher than those from banks.
- Industrial loan companies often offer higher returns on savings accounts than banks.
- Industrial loan companies are not eligible for federal deposit insurance from the FDIC.
- Industrial loan companies are often used by credit unions to provide loans to their members.
- Industrial loan companies are a good option for investors seeking higher yields on their money.
- The largest industrial loan company in the United States is CIT Group, which has over $50 billion in assets.
FAQs About the word industrial loan company
a finance company that makes small loans to industrial workers
No synonyms found.
No antonyms found.
The Industrial Loan Company of Hawaii offers a wide range of financial services, including savings accounts, checking accounts, and loans.
The Industrial Loan Company of California was founded in 1925 and is now one of the largest thrift institutions in the United States.
Industrial loan companies are regulated by the Office of the Comptroller of the Currency.
Industrial loan companies are typically more flexible than banks in their lending practices, which makes them a good option for small businesses.
