Credit-granting services

CPC v2.1 Code: 7113

About credit-granting services

cpc code 7113 covers the industry of credit-granting services, which plays a vital role in the broader economy. This industry encompasses the provision of loans, credit, and other financial services to individuals and businesses, enabling economic activity and growth. Credit-granting services are essential for facilitating transactions, supporting investments, and managing cash flow, making them a crucial component of the financial ecosystem.

Production process

The main production techniques in the credit-granting services industry involve the assessment of creditworthiness, the underwriting of loans, and the management of credit portfolios. Lenders use a variety of methods to evaluate the risk profile of borrowers, including credit scoring models, financial analysis, and collateral evaluation. Once a loan is approved, lenders must monitor the repayment of the debt, manage collections, and maintain compliance with relevant regulations.

Production inputs

The key inputs required for the credit-granting services industry include access to capital, robust risk management systems, skilled personnel, and a comprehensive understanding of the financial markets and regulatory environment. Lenders must have the ability to raise funds, either through deposits, debt issuance, or other sources, in order to provide credit to their customers. Additionally, the industry relies on advanced data analytics, information technology, and compliance expertise to effectively manage credit risk and ensure regulatory compliance.

Production outputs

The primary outputs of the credit-granting services industry are the various types of loans and credit products offered to consumers and businesses. These may include 4411 Personal credit services, 4412 Business credit services, 4413 Mortgage credit services, and 4414 Consumer credit services. The credit and financing provided by this industry supports economic activity across a wide range of sectors, enabling investments, consumption, and the management of cash flow.

Family tree for credit-granting services

    graph LR
    A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/71'>71: Financial and related services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/711'>711: Financial services, except investment banking, insurance services and pension services</a>"]
C --> D["<a href='/classifications/cpc/v2-1/7113'>7113: Credit-granting services</a>"]

    C --> E["<a href='/classifications/cpc/v2-1/7111'>7111: Central banking services</a>"]
C --> F["<a href='/classifications/cpc/v2-1/7112'>7112: Deposit services</a>"]
C --> G["<a href='/classifications/cpc/v2-1/7114'>7114: Financial leasing services</a>"]
C --> H["<a href='/classifications/cpc/v2-1/7119'>7119: Other financial services, except investment banking, insurance services and pension services</a>"]

    D --> I["<a href='/classifications/cpc/v2-1/71131'>71131: Residential mortgage loan services</a>"]
D --> J["<a href='/classifications/cpc/v2-1/71132'>71132: Non-residential mortgage loan services</a>"]
D --> K["<a href='/classifications/cpc/v2-1/71133'>71133: Personal non-mortgage loan services for non-business purposes</a>"]
D --> L["<a href='/classifications/cpc/v2-1/71134'>71134: Credit card loan services</a>"]
D --> M["<a href='/classifications/cpc/v2-1/71135'>71135: Non-mortgage loan services for business purposes</a>"]
D --> N["<a href='/classifications/cpc/v2-1/71139'>71139: Other credit-granting services</a>"]


    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level4
class E level4
class F level4
class G level4
class H level4
class I level5
class J level5
class K level5
class L level5
class M level5
class N level5

  class D highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class D highlight