Resource title

Credit Approval

Resource image

image for OpenScout resource :: Credit Approval

Resource description

Credit approval is the process a business or an individual undergoes to become eligible for a loan or pay for goods and services over an extended period. Granting credit approval depends on the willingness of the creditor to lend money in the current economy and that same lender's assessment of the ability and willingness of the borrower to return the money or pay for the goods obtained—plus interest—in a timely fashion.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Cos-Des/Credit-Approval.html

Resource license

Copyright © 2011 Advameg, Inc.