About: Capital lending     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatFinancialServices, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
QRcode icon
http://dbpedia.demo.openlinksw.com/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FCapital_lending&invfp=IFP_OFF&sas=SAME_AS_OFF

Capital lending is the process of a large company, or corporation, offering financing on large "ticket" items to encourage the customer to purchase that item. Many major corporations have set up finance divisions, or subsidiaries, to help the customer purchase their product over that of the competition. In addition, other companies have had to offer financing because their competitor does. In the cases of companies like GM and General Electric the financial subsidiaries have become very large businesses in their own right. * v * t * e

AttributesValues
rdf:type
rdfs:label
  • Capital lending (en)
rdfs:comment
  • Capital lending is the process of a large company, or corporation, offering financing on large "ticket" items to encourage the customer to purchase that item. Many major corporations have set up finance divisions, or subsidiaries, to help the customer purchase their product over that of the competition. In addition, other companies have had to offer financing because their competitor does. In the cases of companies like GM and General Electric the financial subsidiaries have become very large businesses in their own right. * v * t * e (en)
dcterms:subject
Wikipage page ID
Wikipage revision ID
Link from a Wikipage to another Wikipage
sameAs
dbp:wikiPageUsesTemplate
has abstract
  • Capital lending is the process of a large company, or corporation, offering financing on large "ticket" items to encourage the customer to purchase that item. Many major corporations have set up finance divisions, or subsidiaries, to help the customer purchase their product over that of the competition. In addition, other companies have had to offer financing because their competitor does. Capital lending, like its cousin consumer finance, was started by the automobile companies Ford Motor Company and General Motors (GM) in the late 1920s, and has spread to numerous industries around the globe. The difference between consumer finance and capital lending is that the consumer finance business is aimed at the retail consumer, while capital lending is directed more toward small businesses, farmers, fishermen, etc. — entities that are using the purchase for productive means. A capital asset, which will pay for itself, as opposed to a depreciating consumer product, which receives no tax credit, is not productive, and is only of benefit to the buyer. This financing is done on a wide range of products, from telephones, to copiers, to $200,000 combine harvesters by Deere & Company and CNH Global, or even larger and more expensive construction equipment from manufacturers like Caterpillar and Komatsu. In the cases of companies like GM and General Electric the financial subsidiaries have become very large businesses in their own right. * v * t * e (en)
gold:hypernym
prov:wasDerivedFrom
page length (characters) of wiki page
foaf:isPrimaryTopicOf
is Link from a Wikipage to another Wikipage of
is industry of
is foaf:primaryTopic of
Faceted Search & Find service v1.17_git139 as of Feb 29 2024


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (378 GB total memory, 67 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software