SIC Code 6153-03 - Financing-Business

Marketing Level - SIC 6-Digit

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SIC Code 6153-03 Description (6-Digit)

Financing-Business``` is an industry that involves providing short-term credit to businesses that need immediate cash flow. These businesses may require financing for a variety of reasons, such as to purchase inventory, pay for operating expenses, or cover unexpected expenses. Financing-Business companies typically offer loans with a short repayment period, ranging from a few weeks to a few months. These loans are often unsecured, meaning that they do not require collateral, and may have higher interest rates than traditional bank loans.

Hierarchy Navigation for SIC 6-Digit Code 6153-03

Tools

  • Invoice factoring
  • Merchant cash advances
  • Equipment financing
  • Lines of credit
  • Assetbased lending
  • Purchase order financing
  • Business credit cards
  • Revenuebased financing
  • Term loans
  • Crowdfunding

Industry Examples of Financing-Business

  • Factoring companies
  • Merchant cash advance providers
  • Equipment financing companies
  • Online lenders
  • Business credit card issuers
  • Crowdfunding platforms
  • Invoice financing companies
  • Revenuebased financing providers
  • Peertopeer lending platforms
  • Alternative lenders

SIC Code 6153-03 - Financing-Business

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