corporate credit

Corporate credit refers to a company's ability to borrow funds or secure financial services based on its financial history and reputation. It involves assessing the company's creditworthiness, or how likely it is to repay debts, similar to personal credit. Businesses use corporate credit to finance growth, pay suppliers, or manage cash flow. Lenders and investors look at factors like financial statements, credit ratings, and payment history to determine the level of risk. Good corporate credit can lead to better loan terms and lower borrowing costs, while poor credit may limit access to funding or result in higher interest rates.