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Funding and Provision

In: The Management of Consumer Credit

Author

Listed:
  • Steven Finlay

Abstract

In many ways consumer credit is the same as any other type of manufactured product; albeit a less tangible one. Lenders need to secure funds before they are transformed into neat packages of personal loans, credit cards, mortgages and so on, that are supplied to individual customers. The raw material is money, and like any raw material a supply needs to be established before it can be worked into the finished product (Finlay 2009, pp. 112–13). There are several ways that funds can be obtained to support an organization’s lending activities, and the most popular of these are discussed in the first part of this chapter.

Suggested Citation

  • Steven Finlay, 2010. "Funding and Provision," Palgrave Macmillan Books, in: The Management of Consumer Credit, edition 0, chapter 10, pages 163-175, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-27522-5_10
    DOI: 10.1057/9780230275225_10
    as

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