Starting a New Project
Whenever you are starting a business or you are starting a new project within an already existing business then some money is required to finance that project. That is where the financial service providers come in. They offer you that money in lieu of some guarantee & they charge interest on the amount lend by you. The guarantee & the interest charged depends on the amount of money you are lending from the finance company & policies adopted by those companies in that regard. But the job of financial services industries is not limited to only lending money. They do a number of other things like, investment, insurance, securities trading, securities issuance etc. But whatever they do, it is all related with the financing part of a business.
Starting a new business or project requires business capital which you will have to find investors for, if you do not have the capital. Track record is important for this, to establish yourself as credible and trustworthy.