It’s a significant part of employment in Ontario. A good chunk of the workforce needs money to operate. Any sort of business is reliant on making payments. Consumers are set to make deposits or obtain loans to put a purchase on what may otherwise go un-purchased. This is subject to multiple sources of liability. This can include creditors, dealers who charge high interest rates as if they are reasonable rates for the proper credit. This difference in rates can cause financial damage when the numbers fall short of projections or what the prospective customer reasonably afforded. A service provider will assess the risk and ensure that the business can make payments with minimal downside.
The ability to make payments falls under the definition of core operations. A company will have a core service or business. Current: pertains to the licensees, suppliers, and employers for the product, process or service that allows the business to produce goods or services.
Further, services are defined as as performed in a location or location as a site and some service hierarchy such as customer service, distribution, and labours included. In order for this basic business focus to exist, facilities are required but other services can be provided to add to and support these core operations.