commercial credit Antonyms

No Synonyms and anytonyms found

Meaning of commercial credit

Wordnet

commercial credit (n)

credit granted by a bank to a business concern for commercial purposes

commercial credit Sentence Examples

1. Commercial credit enables businesses to obtain goods or services on credit terms, typically with payment due at a later date.
2. Many suppliers offer commercial credit to their customers as a way to foster long-term relationships and facilitate transactions.
3. Businesses often rely on commercial credit to manage cash flow and purchase inventory without immediate payment.
4. Establishing a good credit history is essential for businesses seeking favorable terms and higher limits on commercial credit.
5. The terms and conditions of commercial credit agreements vary depending on factors such as the creditworthiness of the borrower and the nature of the transaction.
6. Managing commercial credit effectively requires businesses to monitor their accounts payable and maintain timely payments.
7. Defaulting on commercial credit obligations can damage a business's credit rating and limit its access to future financing.
8. Banks and financial institutions play a crucial role in providing commercial credit to businesses of all sizes.
9. Businesses often negotiate terms of commercial credit agreements to ensure they align with their cash flow and operational needs.
10. Access to commercial credit can be a competitive advantage for businesses, allowing them to seize opportunities and expand their operations.

FAQs About the word commercial credit

What is the meaning of the word commercial credit

credit granted by a bank to a business concern for commercial purposes

What are the synonyms of the word commercial credit

No synonyms found.

What are the antonyms of the word commercial credit

No antonyms found.

What is the usage of word commercial credit

Commercial credit enables businesses to obtain goods or services on credit terms, typically with payment due at a later date.

Many suppliers offer commercial credit to their customers as a way to foster long-term relationships and facilitate transactions.

How to use the word commercial credit in a sentence?

Businesses often rely on commercial credit to manage cash flow and purchase inventory without immediate payment.

Establishing a good credit history is essential for businesses seeking favorable terms and higher limits on commercial credit.