extend credit to

extend credit to

Also, extend someone credit. Allow a purchase on credit; also, permit someone to owe money. For example, The store is closing your charge account; they won't extend credit to you any more, or The normal procedure is to extend you credit for three months, and after that we charge interest . This idiom uses the verb extend in the sense of "offer" or "provide," a usage dating from the mid-1500s.
See also: credit, extend
References in periodicals archive ?
The CBJ will sign a $100 million loan agreement with the Arab Fund for Economic and Social Development in a few weeks to extend credit to SMEs via local banks, CBJ Deputy Governor Maher Sheikh Hasan told The Jordan Times following an event held by the Young Entrepreneurs Association and the Friedrich Naumann Foundation for Liberty on the bank's programmes for supporting SMEs.
This part establishes rules under which a Federal Reserve Bank may extend credit to depository institutions and others.
companies to extend credit to customers in Latin America, they can continue to develop these markets--and protect their receivables against nonpayment losses--with a product known as export credit insurance.
Both Paragon and the old lender are asset-based institutions that extend credit to the retail industry.
When a practice makes the decision to extend credit to patients, it assumes the risk and the consequences of not receiving full payment at the time of treatment.
She called every business the ID thieves had tried to scam and told them not to extend credit to the impostors.
Also, there is a regulatory requirement for banks to extend credit to this sector," Gurchi Kadan, chief executive officer of Standard Chartered Bank Oman, told Times of Oman recently.
The CBJ is expected to sign a USD100m loan agreement with the Arab Fund for Economic and Social Development, so as to extend credit to SMEs via local banks.
The Oyster System allows small business owners to assess their credit for their business and then locate a banking institution willing to extend credit to that business.
The third quarter results were primarily affected by: (i) higher than anticipated operating expenses and lower than expected revenues related to the integration of the Company's recent acquisitions; (ii) product mix that did not track historical trends with the Company shipping a higher proportion of lower margin products; and (iii) a decision by the Company not to extend credit to a historically significant retailer.
specifically those that extend credit to other small businesses -- CreditFYI is the first product offered by the newly formed strategic alliance between Fair, Isaac and Net Earnings.
In the second ten page decision, the Judge said that since the salesperson was not responsible for the decision to extend credit to the customer, IKON had engaged in unfair competition with respect to all California salespersons by making the employees bear a business loss of a lease default.
Net proceeds of the proposed sale of the securities will be used for general corporate purposes, principally to extend credit to, or fund investments in, the company's subsidiaries.
It presents an alternative for patrons who have been denied cash advance or ATM transactions for any number of reasons and for casinos that don't extend credit to middle-level ($100 to $5,000) patrons or don't currently extend credit at all.
QuikCredit presents an alternative for patrons who have been denied cash advance or ATM transactions for any number of reasons and for casinos that don't extend credit to middle-level ($300 to $5,000) patrons or don't currently extend credit at all.