Finance Companies:

Finance companies are institutions that specialize in short-term non-bank financial intermediation.

Their activities include:

i. Mobilising funds from the investing public in the form of borrowing and providing facilities for local purchase order (LPO), project financing , equipment leasing, hire purchase, and debt factoring;

ii. Helping companies to establish efficient management structures and controls; and

iii. Providing corporate finance advice such as on capital restructuring and project financing services.