What this code covers
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.
Illustrative 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
Cross-References.