What is the difference between financing and lending

That depends on you, of course. If you want to own your vehicle and not worry about the shape you'll return it in at the end of the loan, then financing might be the way to go. If you want to always drive the latest vehicle, and you don't mind paying extra if the dealership doesn't feel that the vehicle is pristine, then leasing might be the option you prefer. Valuable savings and special offers on our auto body and auto glass services. We proudly stand behind our repair work for as long as you own your vehicle.

Learn more about our Lifetime Guarantee. Quick Links. To Finance Or Lease? After 12 years in the lending business — and with its desire to expand its services to more members of the Filipino community — First Standard was registered and given a Certificate of Authority by the SEC to operate as a financing company in Now it extends its services to a vast scope of clientele with over 70 branches all over the Philippines.

The financing industry in the Philippines has evolved into a highly competitive and dynamic market where quick responses and customer engagement are two of the top currencies. Providing clients with digital portals such as online application channels has become imperative for even the most traditional institutions.

To continue its invaluable service to its customers, the company has fiercely dedicated the past two years developing remotely accessible online avenues for a more streamlined loan application process and customer support.

Clients can anticipate more updates and improvements on the website and social media channels as part of the revamp. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Post comment. Federal Trade Commission Consumer Information.

Search form Search. Financing or Leasing a Car. Share this page Facebook Twitter Linked-In. Shopping for a car? You have options other than paying cash. Whether you finance or lease, here are some things to keep in mind. Tagged with: buying , car , car financing , credit , debt , shopping. The flip side of this is that you get immediate access to the funds you need when you need them the most.

This means, funding is not a liability on your balance sheet. Again: both lending and funding have their strengths and weaknesses, depending on exactly what you need and when you need to do it by. Funding, on the other hand, gives you a higher chance of actually getting the money you need in a way that does not need to be repaid. At the end of the day, the choice is yours and yours alone to make.