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true a loan company is not a financial intermediary
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∙ 14y ago
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What are financial resources?
Finacial resources are ones that are to do with how a business/company is being financed. Example of financial resources are: Bank loan, Mortgage, Overlease e.t.c.
What does default mean in financial terms?
It means that the borrower did not pay as promised. It means you are in default on the loan.
What factors should consider when choosing a loan?
- Amount you need and what you can repay - Length of the loan period - Other financial commitments such as rent, hire purchase, bills, food, fuel money etc - Savings vs a Loan?
What does bailout mean?
See: http://en.wikipedia.org/wiki/Bailout Bailout refers to the action of helping out somebody in trouble. You can compare the bailout in financial terms to the bail or parol we get for someone in jail. In bailout, a company with strong financial status offers to help a company that is in dire financial needs. Such a scenario is where the stronger company bails out the weaker one.
What do financial intermediaries do?
I have to separate it into to parts. The financial intermedairies which are banks that borrow their customers money and pay interest on that borrowed money to lend to other customers with the plan of making a return on their investments for them and their customers. Domestic to me would be the personal home needs such as, a individual (not business) that is looking for a depository institution where he or she can gain interest on the deposited funds or for a bank to finance them so they can purchase a home, car, etc. I am still researching, but this is what I understand of what I have already researched. Of course I am a student, not an educator, so this is just my opinion.
Is an insurance company a financial intermediary?
yes
Is a loan company a financial intermediay?
Yes it is
What does a financial intermediary do?
A financial intermediary is a title given to a person that works in the financial world. Their job is basically to act as the middleman between parties that are involved in a financial transaction.
Can a company co-sign on a loan without disclosing the loan on financial statements?
Generally, no.
Why might one need financial intermediary?
A financial intermediary is a financial institution that connects surplus and deficit agents. There are three major reasons one might need a financial intermediary these include maturity transformation, risk transformation, and convenience denomination.
Is there a financial company called Parker and Phillips finiancal?
This company is a scam. They ask for money as collateral for a loan but you never receive the loan. Do not deal with this company!
Is a life insurance company an example of financial intermediaries?
Though Life Insurance Company plays the role of financial intermediary, technically an Insurer is governed by Insurance Regulator of the country and has got separate entity of its own.
What is the main function of the financial intermediary?
dfv
What is a non-depository intermediary?
A non-depository intermediary is a financial institution that does not take or hold deposits.
What are the requirements for an SBA loan?
Some requirements for a SBA loan would include: the company would have to provide the bank with a description of the type of business, the purpose of the loan, personal financial statements, business financial statements, &the loan request.
Does Senduva financial services company exist?
Yes,that is where i got my loan of 150,000Rand from
What makes a financial intermediary unique?
it is not unique in any way
