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 ?
Global Banking News-July 23, 2019--Presidential Financial to be renamed as MidFirst Business Credit
M2 EQUITYBITES-July 23, 2019--Presidential Financial to be renamed as MidFirst Business Credit
BANKING AND CREDIT NEWS-July 23, 2019--Presidential Financial to be renamed as MidFirst Business Credit
Senators Marco Rubio (R-FL) and John Kennedy (R-LA) introduced the Small Business Credit Protection Act, legislation that would require credit bureaus to inform small businesses, within 30 days, of a nonpublic personal data breach.
Business credit plays a vital role in any organization as well as in the global economy.
Discover announced the launch of the Discover it Business credit card, the latest addition to the Discover it family of credit cards.
SANTA TERESA, N.M: Interstate Capital reveals ways in which business owners can build good business credit in spite of having bad personal credit.
The research, "Business Credit Cards and B2B Payments: More Credit, Please," conducted in spring 2017, U.S.
Summary: The demand for business credit in the UAE has increased moderately in Q1 (+7.6), according to the recent central bank survey.
Some business loans, including business credit cards, require a personal guarantee -- meaning, if you sign on the dotted line, you'll still be considered personally liable for any debt you incur or fail to pay off.

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