The phrase "advancing credit" is correct and usable in written English.
It can be used in contexts related to finance, lending, or credit management, typically referring to the process of providing or increasing credit to a borrower.
Example: "The bank is focused on advancing credit to small businesses to help stimulate economic growth."
Alternatives: "extending credit" or "providing credit".
There are also costs associated with advancing credit to "risky" borrowers – people who usually don't have any fixed property to offer the lender as security.
The Fed imposed higher reserve requirements on banks advancing credit cards and personal loans, and (for the first time) on money-market funds.The controls succeeded spectacularly: credit plummeted, even in exempted categories such as car and home loans.
During the Depression, the widow of a merchant in nearby Camden who had been advancing credit to tenant farmers in the Bend foreclosed on their debts and ordered a raid, driving the community into complete destitution.
Under the terms of the EU's e-money rules, the operators can avoid being regulated as banks provided they do not advance credit or pay interest on prepaid balances.But do people want to shop by phone?
However, at harvest time when he would go to the field to collect crops on which he had advanced credit, he would put on his Chinese costume of shorts and undershirt, and speak in a much more abrupt fashion, acting, as one Malay farmer put it, "just like a Chinese".
It appeared that the main activity undertaken by the female co-operatives was to advance credit to individuals wishing to start up or maintain business; however, the long-term impact of this remains unclear.
In the court papers, Sands said its practice was to advance credit to a customer in one location to reflect funds that the customer had deposited at another property.
The other component of the MCA program sought to strengthen input delivery systems and financial institutions that advances credit to farmers.
Lane uses them at the bank anyway and gets $50k in advance credit for SCDP -- now he's just got to come up with a reason to get his hands on a piece of that money... Okay remember Edwin Baker?
The move of the British Linen Company in 1746 into advancing cash credits also stimulated production.
Because of currency controls, junket operators allow mainlanders to put down renminbi on the mainland and then advance them credit in Macau – often a figure many times the original deposit.
