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Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
Where to get bank loans: Traditional banks, such as the bank where you do business banking Chances are, when you think of business loans, you think of a traditional, brick-and-mortar bank.
However, a few years ago, Synchrony Bank was moved over to Synchrony Financial, a financial services company. It separated from GE in 2015. That means it's now a separate financial institution.
Small business loans. Small business loans from banks , credit unions and alternative lenders offer short- and long-term loans that can be used for most business expenses.
Small business financing (also referred to as startup financing - especially when referring to an investment in a startup company - or franchise financing) refers to the means by which an aspiring or current business owner obtains money to start a new small business, purchase an existing small business or bring money into an existing small business to finance current or future business activity.
The company was established as I4 Commerce in 2000. It obtained corporate debt financing in 2006 to continue to grow the business. [6] In 2007 the company changed its name to Bill me Later. [7] On November 7, 2008, PayPal completed its acquisition of Bill Me Later and rebranded it as PayPal Credit.
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