Regular loans allow to establish relationships with borrowers in Charles Schwab through securities or cash. The borrower undertakes to return the amount of money taken or things of a similar property and quality. The parties to the agreement with which the creditor-debtor relationship is established in the Charles Schwab organization can be both a legal entity and ordinary citizens who have reached the age of majority and full legal capacity (Yrigoy & Cañada, 2019). Due to the written form of the contract, the established relations have a legitimate legal character. Various credit lines allow Charles Schwab to establish relationships and establish connections with the largest borrowers (Vidal, 2018). Granting loans to commercial companies, state-owned enterprises, and authorities makes them partners of the organization. Most of the services are issued in the form of credit lines, which are becoming more and more popular every year, which popularizes Charles Schwab among customers.
A business credit card allows to use the bank’s funds without issuing a separate loan. This tool is a good solution for small businesses and entrepreneurs who need money for unforeseen business expenses, but there are not enough working capital. In addition, the Charles Schwab’s credit card has all the advantages of business cards. Customers can easily control expenses, save on commission when settling with suppliers, participate in bank and payment system promotions. Such a wide range of services contributes to the establishment of strong Charles Schwab relationships with smaller, but promising organizations. Credit relations of other businesses that operate using credit are insufficiently studied and classified (Posadaet al., 2018). This makes it difficult to determine the location of Charles Schwab as a link in the credit system, leaving room for further economic research.
Posada, M., Eliécer, J., Molina, V., Lina, M., & Rodriguez, P. (2018). The biopolitics of debt: creditor-debtor relationship. rev.latinoam.bioet., 18(1), 87-103.
Vidal, L. (2018). The politics of creditor–debtor relations and mortgage payment strike: The case of the Uruguayan Federation of Mutual-Aid Housing Cooperatives. Environment and Planning A: Economy and Space, 50(6), 67-77.
Yrigoy, E., & Cañada, E. (2019). Fixing creditor-debtors’ tensions through labor devaluation. Insights from the Spanish hotel market. Geoforum, 98(8), 180-188.