Finance companies help individuals get credit either for their personal purposes or for their businesses. Credit is extended to both small and large companies as well. A finance company can be a bank, a non banking financial companies, credit unions or other financial institutions. Whether you need a business loan or a personal loan, make sure you check which financial institution is providing you with the best offer before applying for credit. 

There are many financial services that are provided to people. Not only do financial companies provide banking services like providing credit facilities but also provide services like professional advisory, wealth management, portfolio management, stock markets, etc. Financial companies exist to provide a wide variety of lending and investment products to both individuals and businesses. You would have to know which type of financial institution is most appropriate for serving a specific need and it is important to understand the purposes served by the companies.