commercial credit Sentence Examples
- 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.
- 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.
- 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.
- Managing commercial credit effectively requires businesses to monitor their accounts payable and maintain timely payments.
- Defaulting on commercial credit obligations can damage a business's credit rating and limit its access to future financing.
- Banks and financial institutions play a crucial role in providing commercial credit to businesses of all sizes.
- Businesses often negotiate terms of commercial credit agreements to ensure they align with their cash flow and operational needs.
- Access to commercial credit can be a competitive advantage for businesses, allowing them to seize opportunities and expand their operations.
commercial credit Meaning
Wordnet
commercial credit (n)
credit granted by a bank to a business concern for commercial purposes
Synonyms & Antonyms of commercial credit
No Synonyms and anytonyms found
FAQs About the word commercial credit
credit granted by a bank to a business concern for commercial purposes
No synonyms found.
No antonyms found.
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.
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.