Captive finance companies: Are they cost competitive?

Bill Henricksen and Michael Boehlje

American Bankers Association, 1995, vol. 09, issue 01

Abstract: Data indicates that captive finance companies and other nontraditional lenders making smaller loans have significant advantages over traditional lenders in terms of credit extension expenses and costs of resolving problem loans. These cost advantages provide agricultural product and service suppliers a large incentive to offer customers credit.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1995
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