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2 votes
A(n) ____________________________ exists to promote the sales of a particular manufacturer’s products.

A. investment company
B. leasing company
C. captive finance company
D. mutual fund

asked
User Rerashhh
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2 Answers

1 vote
captive finance company
answered
User Autonocat
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5 votes

A "captive finance company" exists to promote the sales of a particular manufacturer’s products.


A captive finance company is a completely claimed backup that accounts retail buys from the parent firm. They go from average sized substances to giant firms relying upon the span of the parent organization. The fundamental services of a captive finance company incorporate essential card administrations like a store credit card and full-scale banking. This can offer the parent organization a critical wellspring of benefit and limit the measure of risk exposure.

answered
User Ehds
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