Identification
None
Definition
This U.S. industry comprises (1) establishments primarily engaged in providing working capital funds to U.S. exporters, lending funds to foreign buyers of U.S. goods, and/or lending funds to domestic buyers of imported goods; (2) establishments primarily engaged in buying, pooling, and repackaging loans for sale to others on the secondary market; and (3) establishments primarily providing other nondepository credit (except credit card issuing, sales financing, consumer lending, and real estate credit). Examples of types of lending in this industry are short-term inventory credit, agricultural lending (except real estate and sales financing), and consumer cash lending secured by personal property.
Examples
- • Commodity Credit Corporation
- • Factoring accounts receivable
- • Industrial banks (i.e., known as), nondepository
- • International trade financing
- • Morris Plans (i.e., known as), nondepository
- • Pawnshops
- • Secondary market financing
Class Relationships
Sub Class Of
Is Defined By
https://www.naics.com/six-digit-naics/?code=522299
See Also
None
Parent Class Of 0
- • None
Class Hierarchy Visualization
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Additional Information
Metadata
Comment
None
Description
None
Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Deprecated
No
Source and Origin
No source or origin information available