522291

Consumer Lending

This U.S. industry comprises establishments primarily engaged in making unsecured cash loans to consumers. Illustrative Examples: Finance companies (i.e., unsecured cash loans) Personal credit institutions (i.e., unsecured cash loans) Loan companies (i.e., consumer, personal, student, small) Student loan companies Cross-References. Establishments primarily engaged in--

["Accepting deposits and lending funds from these deposits--are classified in Industry Group 5221, Depository Credit Intermediation; and","Arranging loans for others on a commission or fee basis--are classified in Industry 522310, Mortgage and Nonmortgage Loan Brokers."]

522292

Real Estate Credit

This U.S. industry comprises establishments primarily engaged in lending funds with real estate as collateral. Illustrative Examples: Home equity credit lending Mortgage companies Mortgage banking (i.e., nondepository mortgage lending) Cross-References. Establishments primarily engaged in--

["Servicing loans--are classified in Industry 522390, Other Activities Related to Credit Intermediation;","Arranging loans for others on a commission or fee basis--are classified in Industry 522310, Mortgage and Nonmortgage Loan Brokers; and","Accepting deposits and lending funds secured by real estate--are classified in Industry Group 5221, Depository Credit Intermediation."]

522293

International Trade Financing

This U.S. industry comprises establishments primarily engaged in providing one or more of the following: (1) working capital funds to U.S. exporters; (2) lending funds to foreign buyers of U.S. goods; and/or (3) lending funds to domestic buyers of imported goods. Illustrative Examples: Agreement corporations (i.e., international trade financing) Export-Import banks Edge Act corporations (i.e., international trade financing) Trade banks (i.e., international trade financing) Cross-References. Establishments primarily engaged in--

["Guaranteeing international trade loans--are classified in U.S. Industry 524126, Direct Property and Casualty Insurance Carriers;","Brokering international trade loans--are classified in Industry 522310, Mortgage and Nonmortgage Loan Brokers; and","Accepting deposits and lending funds from these deposits--are classified in Industry Group 5221, Depository Credit Intermediation."]

522294

Secondary Market Financing

This U.S. industry comprises establishments primarily engaged in buying, pooling, and repackaging loans for sale to others on the secondary market. Illustrative Examples: Federal Home Loan Mortgage Corporation (FHLMC) Government National Mortgage Association (GNMA) Federal National Mortgage Association (FNMA) Student Loan Marketing Association (SLMA)

522298

All Other Nondepository Credit Intermediation

This U.S. industry comprises establishments primarily engaged in providing nondepository credit (except credit card issuing, sales financing, consumer lending, real estate credit, international trade financing, and secondary market financing). Examples of types of lending in this industry are short-term inventory credit, agricultural lending (except real estate and sales financing), and consumer cash lending secured by personal property. Illustrative Examples: Commodity Credit Corporation Morris Plans (i.e., known as), nondepository Factoring accounts receivable Pawnshops Industrial banks (i.e., known as), nondepository Cross-References.

["Establishments primarily engaged in providing credit sales funding are classified in Industry 522210, Credit Card Issuing;","Establishments primarily engaged in sales financing or sales financing in combination with leasing are classified in Industry 522220, Sales Financing;","Establishments primarily engaged in making unsecured cash loans to consumers are classified in U.S. Industry 522291, Consumer Lending;","Establishments primarily engaged in lending funds with real estate as collateral are classified in U.S. Industry 522292, Real Estate Credit;","Establishments primarily engaged in international trade financing are classified in U.S. Industry 522293, International Trade Financing;","Establishments primarily engaged in buying, pooling, and repackaging loans for sale to others on the secondary market are classified in U.S. Industry 522294, Secondary Market Financing; and","Establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits are classified in Industry 522190, Other Depository Credit Intermediation."]