522220
522220 Sales financing
Financement de ventes à crédit • Canadian industry
What code 522220 includes
This Canadian industry comprises establishments primarily engaged in sales financing. Establishments primarily engaged in providing financial leases or operating leases are also included if they are engaged in any sales financing. Sales financing establishments lend money to consumers and businesses, for the purchase of goods and services, using a contractual installment sales agreement, often either directly from, or through arrangements with, dealers of the products.
Activities & Examples
- acceptance companies
- automobile sales finance company
- conditional sales finance companies
- leasing, in combination with sales financing
- sales finance companies
- acceptance companies
- automobile sales finance company
- conditional sales finance companies
- financing of dealers by motor vehicle manufacturers' organizations
- installment sales finance company
- leasing, in combination with sales financing
- purchasing of installment and credit card receivables, created as a result of retail sales to businesses and individuals
- sales finance companies
Exclusions & Cross-References
- providing operating leases and financial leases when not engaged in any sales financing (See 532 Rental and leasing services)
Classification Hierarchy
- Sector 52 — Finance and insurance
- Subsector 522 — Credit intermediation and related activities
- Industry group 5222 — Non-depository credit intermediation
- Industry 52222 — Sales financing
- Canadian industry 522220 — Sales financing
International Concordance
- US NAICS 2022: 522220 — Sales Financing
- ISIC Rev. 4: K6492* — Other credit granting