Ally Financial (LTS:0HD0) Commercial Business Loans (USD Mil) : 0.00 (As of . 20)

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What is Ally Financial Commercial Business Loans (USD Mil)?

Commercial Business Loans (USD Mil) is the amount of loans banks made to business entities. It’s a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures.

The historical rank and industry rank for Ally Financial's Commercial Business Loans (USD Mil) or its related term are showing as below:

Ally Financial Commercial Business Loans (USD Mil) Historical Data

The historical data trend for Ally Financial's Commercial Business Loans (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Ally Financial Commercial Business Loans (USD Mil) Chart

Ally Financial (LTS:0HD0) Commercial Business Loans (USD Mil) Explanation

Commercial Business Loans (USD Mil) is a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures. Companies usually have to provide financial statements to prove their ability to repay. Many commercial loans require collateral, such as property or equipment or sometimes account receivables.

Ally Financial Commercial Business Loans (USD Mil) Related Terms

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Ally Financial (LTS:0HD0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ally Financial Inc (LTS:0HD0) » Definitions » Commercial Business Loans (USD Mil)

Comparable Companies

Traded in Other Exchanges

ALLY:USA ALLY1:Mexico GMZ:Germany

Address

500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226

Website

https://www.ally.com

Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, personal loans, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.

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