Business Credit

Business Credit

1. Any loan or line of credit to a company or an individual for business purposes as opposed to personal use.

2. A loan or line of credit that a company extends to another in order for the second company to buy goods and services, especially those necessary to conduct its operations. It is more commonly called trade credit.
References in periodicals archive ?
Small business lenders cannot afford to make uninformed credit decisions, making access to small business credit data critical," said Steve Uffman, group executive, Enabling Technology Group, Equifax.
has closed a $250 million business credit card securitization, backed by receivables in revolving business purpose credit card accounts originated by Advanta Bank Corp.
Barclays Business Credit traces its roots back over seventy-five years.
Frank Melazzo, executive vice president and manager of the central division of BankAmerica Business Credit.
has priced $350 million of business credit card securitizations, backed by receivables in revolving business purpose credit card accounts originated by Advanta Bank Corp.
The customizable features of the Michigan National Business Credit Card include:
Current and potential clients began asking for the ability to request small business credit reports along with a principal owner's consumer report," said David McGough, president of the Dallas-based company.
Contact: Jack Guy, SVP of LaSalle Business Credit, Inc.
Advanta, one of the nation's largest issuers of MasterCard business credit cards to small businesses, entered into the relationship with Bancorp in order to meet the growing needs of its customers.
LOS ANGELES -- Coast Business Credit (CBC), a division of Southern Pacific Bank recently funded an $11,000,000 revolving credit facility for Sultana Distribution Services, Inc.
UPS Capital Business Credit also is a leading lender in the government-guaranteed loan programs of the U.
Coast Business Credit is a division of Southern Pacific Bank, member FDIC an Equal Housing Lender.

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