1. Sales finance companies:
specialize in making loans to customers of a specific retailer or manufacturer.
specialize in making installments and other loans to whatever consumers are interested.
specialize in providing loans to businesses.
specialize in international factoring and forfaiting.
none of the above
2. A captive finance company is one that
is owned by a retailer or manufacturer.
is owned by a bank holding company.
is owned by its depositors.
lends only to high-risk individuals that cannot obtain loans elsewhere (i.e., captives).
is regulated at the federal level.