How much credit can you get from the market

Question

Accepted Answer

The amount of credit that can be obtained from the market depends on various factors such as creditworthiness, financial stability, and market conditions.

The credit limit can vary from company to company and is determined based on their financial health and credit history.
Lenders assess the creditworthiness of the company by analyzing their financial statements, cash flow, and debt-to-equity ratio.
Market conditions, such as interest rates and economic stability, also play a role in determining the credit availability.
Companies with a strong credit history and stable financials are more likely to obtain higher credit limits.
For example, a well-established company with a good track record may be able to secure a credit limit of $1 million or more.
On the other hand, a startup or a company with poor financials may have a lower credit limit, such as $100,000.
It is important for a purchase manager to maintain good relationships with lenders and negotiate favorable credit terms.
Regularly reviewing and improving the company's financial health can help increase the credit limit over time.

Accepted Answer

If you say no then you atr not selected,  as its a fraud company

How much credit can you get from the market

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