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Is it common for banks to use outside finance companies?

In: Banking [Edit categories]

Answer:

It is common for a bank to use outside finance companies to help furnish business loans. Many small businesses whom might not be able to go through a big bank may have their loans provide from outside that big bank.

First answer by Answers Publishing Network. Last edit by Answers Publishing Network. Contributor trust: 98 [recommend contributor ]. Question popularity: 1 [recommend question].

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