extend (one) credit

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extend (one) credit

To allow one to owe money or use credit to purchase something. The bar won't extend me credit anymore, not with all the money I owe them already. The bank agreed to extend the company credit in order to finance its renovations.
See also: credit, extend

extend credit (to someone or a company)

 and extend someone or a company credit
to allow someone to purchase something on credit. I'm sorry, Mr. Smith, but because of your poor record of payment, we are no longer able to extend credit to you. Look at this letter, Jane. The store won't extend credit anymore.
See also: credit, extend