Commercial and industrial loan creation is by far the most important function of the banking industry. (sapling.com)
However, SoFi should not grow overly optimistic as there have not been any new industrial loan company (ILC) charters approved in about a decade. (lendedu.com)
Realty World Holding Corp. has applied to take over a dormant Utah industrial loan charter and go into the consumer lending business. (realtormag.realtor.org)