____ provide loans to firms that cannot obtain financing from commercial banks.
A)Consumer finance companies
B)Sales finance companies
C)Commercial finance companies
D)None of the above

Question

Quizplus · Accepted Answer

Commercial finance companies provide loans to businesses that are unable to secure financing from commercial banks. Consumer finance companies lend to individuals for personal expenses, while sales finance companies specialize in financing consumer purchases of specific products.

____ Provide Loans to Firms That Cannot Obtain Financing from Commercial