# International, Secondary Market, and All Other Nondepository Credit Intermediation Industry

**IRI:** https://folio.openlegalstandard.org/dmK1YdSyRGm2BdX2Ho-qoA

## Labels

## 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

## Sub Class Of

- https://folio.openlegalstandard.org/7VdrsPcJSM-7g4UJZoCgPA

**Is Defined By:** https://www.naics.com/six-digit-naics/?code=522299

**Deprecated:** False

