A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company.
A captive finance company is one that is owned by the automobile manufacturer that finances the vehicles that they sell.
A finance company that is separate from a dealership but is owned by a parent company. Automobile manufacturers have established captive finance companies for the purpose of financing autos for consumers. These finance companies are able to finance any vehicle - not just the specific manufacturer's products. Often, a dealer will give you a choice of a special dealer finance rate or a manufacturer's rebate. In many cases, the rebate will be a better deal.
a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products
a subsidiary or division (Captive) of a specific dealer, vendor, or manufacturer
A finance company that is connected to a certain dealer or manufacturer.
A finance company related to a particular automobile manufacturer or distributor.
A finance company that is owned at least in part by a manufacturer or car dealer. Example: GMAC, the General Motors financing arm.
a subsidiary of a company that performs credit operations and obtains receivables financing
A leasing or finance company that is owned by or otherwise associated with a particular vehicle manufacturer or distributor.
A separate company owned by an auto manufacturer to finance product sales.
A financial organization that is affiliated with an automotive manufacturer or distributor. General Motors Acceptance Corporation, or GMAC, is an example. (See Independent Leasing Company.)
A finance company related to a specific dealer or manufacturer.