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credit line for vs credit line of

Both "credit line for" and "credit line of" are commonly used phrases in English, but they are used in different contexts. "Credit line for" is used when referring to the purpose or reason for a credit line, while "credit line of" is used to indicate ownership or possession of a credit line.

Last updated: March 25, 2024 • 525 views

credit line for

This phrase is correct and commonly used in English.

This phrase is used to indicate the purpose or reason for a credit line.

Examples:

The bank approved a credit line for the small business.
She applied for a credit line for home renovations.
They established a credit line for emergency expenses.
A credit line for business expansion was secured.
He needed a credit line for his new project.

Show examples from the web [+]

I know that the EU budget does not provide for any credit line for natural disasters occurring in the territory of the Union.
Subject: Credit line for support to farmers
Title: Compensation for damage caused by drought. Credit line for potato and citrus fruit growers
He's opening the credit line for the Tumbleweed up again.
...prime minister says his country is setting up a $10 billion credit line for...
European and international financial institutions should establish a special credit line for small and medium-sized enterprises and for the support of infrastructure projects.
In this connection, Bouygues Telecom adds that the recourse to ERAP in the granting, by the French authorities, of a EUR 9 billion credit line for the benefit of France Télécom in no way alters the state origin of the funds.
This cash pooling led the ABX group in January 2001 to open, with a guarantee from SNCB, a single cash credit line for a maximum amount of EUR [...] million at a financial establishment.
The existing credit line for EUR [150-500] million set out in the Framework Agreement in relation to BPN's commercial paper programme and guaranteed by the State, will not be extended beyond [...] years from the date of sale.
Execution of payment transactions where the funds are covered by a credit line for a payment service user:
execution of payment transactions through a credit card where the funds are covered by a credit line for a payment services user, including revolving credit,
Title: Credit line for animal feed.
Subject: Credit line for support to farmers
Execution of payment transactions where the funds are covered by a credit line for a payment service user:
Subject: Credit line for support to farmers

Alternatives:

line of credit for

credit line of

This phrase is correct and commonly used in English.

This phrase is used to indicate ownership or possession of a credit line.

Examples:

The credit line of the company was increased.
She managed the credit line of the organization.
The credit line of the bank was extended.
He was responsible for the credit line of the project.
The credit line of the business was well-managed.

Show examples from the web [+]

The pool of private banks had granted Schneider AG a credit line of EUR 31 million in 1998.
The latest amendment of the framework agreement of December 2009 provided a credit line of only CZK [200-220] million until 30 June 2010.
Secondly, the Commission considers that the duration of the credit line of EUR [150-500] million linked to BPN's commercial paper programme should be limited to a period of [...] years.
While no comparable benchmark has been provided to the Commission for similar transactions occurring in the market, the Commission notes that it would be unlikely that a credit line of that duration and size would be available on the market, even at higher interest levels.
the granting by CGD of a liquidity line to the combined entity after the sale and the maintenance of a credit line of commercial paper, after the sale, secured by the State, of EUR [150-500] million.
The granting by CGD of a EUR 300 million liquidity line to the combined entity after the sale and the maintenance of a credit line of commercial paper of EUR [150-350] million in favour of BPN
Credit agreement for a credit line of EUR 2500 for a period of six months.
You have a credit line of 20 million nt
The framework agreement providing for a credit line of CZK [480-540] million had already been concluded on 31 March 2009 and amended in June and December 2009.
Moreover, this investment has made it possible to start a programme to securitise receivables so the company can get a bank credit line of EUR 70 million.
Usinor Belgium will contribute to Carsid's credit requirements with a loan of [...] and a credit line of the same amount, bearing interest at an annual rate of [...].
On that, I must say that our budget is so lacking in transparency that Parliament first has to coax these export refunds, which do not even have a credit line of their own, out of it!
Credit agreement for a credit line of € 2500 for a period of six months.
Credit agreement for an open-end credit line of EUR 2500.

Alternatives:

line of credit of

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