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Definition
Creditworthiness is a lender's assessment of how reliably a borrower is likely to meet its repayments. For a company it draws on the business's credit history, the strength and steadiness of its cash flow, its existing debts, and how it has handled past obligations. The stronger the picture, the more options and better terms tend to follow.
In plain terms
It is the financial version of a reputation for paying people back. A company with steady revenue, clean bank statements and a record of paying suppliers and lenders on time looks creditworthy; one with missed payments, erratic income or stretched cash does not. Unlike personal lending, a commercial lender like Credicorp judges the company's creditworthiness rather than the director's, because it lends to the business. You can strengthen it over time — see improving business creditworthiness and how to improve your chance of approval.
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Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.