What is another word for industrial loan company?
Pronunciation: [ɪndˈʌstɹɪəl lˈə͡ʊn kˈʌmpəni] (IPA) 
An industrial loan company is a type of financial institution that provides loans and other financial services to individuals and businesses. There are several synonyms for industrial loan company, including industrial bank, industrial credit company, and industrial finance company. These terms are often used interchangeably and refer to the same type of financial institution. Industrial loan companies typically offer loans to consumers and businesses for various purposes, including purchasing equipment, funding expansion projects, and financing real estate purchases. They are regulated by state and federal agencies and must meet certain requirements in order to operate legally.
