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A.

1. Various special financial institutions provide finance to both the personal and corporate borrowed sector.

2. Finance Houses and Leasing Companies provide personal loans to consumers.

3. Finance Houses and Leasing Companies offer leasing and hire purchase as well as a variety of business loans for the business sector.

4. A wide range of companies offer these facilities: banks, merchant banks, building societies, finance houses, leasing companies and the finance arms to several large manufacturing and retail companies.

5. The representative body of this highly specialized sector in Britain’s financial industry is the Finance and Leasing Association.

6. The main service of a factoring or invoice discounting company is to improve the cash flow of healthy, growing companies by providing finance secured against the outstanding invoices of a business.

7. A number of banks and other financial organizations have established factoring and invoice discounting subsidiaries as part of their group activities.

Примечаний нет.

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