oboloo

oboloo Glossary

Business Credit Program

oboloo Glossary

Business Credit Program

A Business Credit Program is a structured financing solution that provides businesses with access to liquidity and capital they need to expand their operations, fund purchases, or cover operating expenses. It works through offering lines of credit which can be used to finance short-term needs and long-term investments. Business Credit Programs are designed to provide flexibility and convenience for businesses, allowing them to tackle current and future financial obligations without having to take on costly debt. This type of program also offers businesses an opportunity to establish and build a good credit profile over time, which can open the door to better loan terms in the future.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971