Lending Companies

• Lending companies provides an important source of credit for individuals and businesses.
• A lender is a financial institution that lends money to a borrower. Lenders require borrowers to pay interest on the amount borrowed, usually charged at a specific percentage of the total amount of loan.
• Republic Act 9474 is for lending companies.
• Traditional Lenders, Alternative Lenders, and Government Lenders are type of lending companies.
• Non-stock savings and loan association shall mean a nonstock, non-profit corporation engaged in the business of accumulating the savings of its members and using such accumulations for loans to members to service the needs of households by providing long term financing for home building and development and for personal finance.
• A trust corporation is a corporation which undertakes the administration of trusts and estates. It may also act as a Court of Protection deputy and attorney. Trust corporations were traditionally owned by high-street banks or by firms with substantial private client departments.
• Presidential decree 129 is the Investment Houses Law
• Investment houses facilitate the buying and selling of securities. They bringing together investors and companies or governmental organizations in need of funding serving as intermediaries.
• An investment house assists governments and businesses in raising capital for its clients through stock and debt offerings. A primary duty of investment houses is to issue stock to firms in connection with their initial public offerings (IPOs).
• A broker is an individual or financial services company that enables the trading of securities for other individuals. A dealer is an individual or financial services company that enables the trading of securities for themselves.
• Industry regulators refer to investors in most firms as broker-dealers or brokerage firms since they operate as both brokers and dealers. They are crucial because they offer the infrastructure to make stock trading possible, thus managing the buyer-seller financial transaction and making future transactions easier.