Explain the principal functions of finance companies

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Explain the principal functions of finance companies and general financiers, and the changes that have had an impact on finance company business.

  • Finance companies provide loans to individuals and businesses, including lease finance, floor plan financing and factoring.
  • Deregulation of commercial banks has resulted in a significant decline in finance companies.
  • Many finance companies are now operated by manufacturers, such as car companies, to finance sales of their product

Question:

Because hedge funds are usually only accessible to high-net-worth individuals, hedge funds should not be regulated. Discuss this statement

Reference no: EM133003985

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