Creditworthiness

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Related to Credit Worthy: Credit period

Creditworthiness

Eligibility of an individual or firm to borrow money.

Creditworthiness

The ability to borrow money. The better one's creditworthiness, the more likely it is that a bank or other financial institution will extend credit. One establishes creditworthiness by repaying loans and other bills on time, spending prudently, and generally showing that one can behave in a financially responsible way. Individual creditworthiness is measured by the FICO score while a company's or other organization's creditworthiness usually is measured by its credit rating.

creditworthiness

see CREDIT CONTROL.
References in periodicals archive ?
TERI's loan volume growth is expected to continue to focus on higher quality undergraduate credit worthy borrowers which will further diversify TERI's guaranteed loan portfolio and enhance the overall quality of TERI's book of business.
The company announced today that it has been designated a "Year 2003 Credit Worthy Company" certification, under certificate No.
At the end of the day, the sale leaseback investor must be able to go out to at least one MAI appraiser to justify the sale price for the purposes of financing the property, although such appraisals do take into account the financial value of the lease from a credit worthy lessee as a significant contributor to value.
A significant change in New Jersey's auction process could be problematic if Power was unable to secure a long-term contract with its affiliate PSE&G or other credit worthy counterparties.
In order to do so, however, the tenant must be credit worthy, but in my experience, in the majority of "takeovers" tenants receive free rent in lieu of the prospective new building owner taking over the obligation.
There are three private loan underwriting standards: Credit Ready, Credit Worthy, and Credit Able.
There is also good interest in new long term leases from several of the credit worthy chains expanding into the northeast.
These units include Installment Finance, which enable families to purchase big ticket items such as automobiles, appliances or computers, and pay fees in monthly installments; Consumer Loans, which include loan programs designed for specific demographic groups, such as students or newlyweds; Leasing Services to credit worthy companies; and New Technology investing services, for infusion of capital for fledgling companies with solid business models.
It demonstrates that we are viewed as credit worthy for a substantial amount of money, and it provides working capital that will help us with our daily operations.
TERI's loan volume growth will continue to focus on higher quality undergraduate credit worthy borrowers which will further diversify TERI's guaranteed loan portfolio and enhance the overall quality of TERI's book of business.