extend credit to

Idioms  

1. Also, extend someone credit. Allow a purchase on credit; also, permit someone to owe money. For example, The store is closing your charge account; they won't extend credit to you any more, or The normal procedure is to extend you credit for three months, and after that we charge interest. This idiom uses the verb extend in the sense of “offer” or “provide,” a usage dating from the mid-1500s.

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Example Sentences

The son of a Philadelphia shopkeeper, Schwarzman grew up watching his father extend credit to newly arrived immigrants to be repaid when they could, he recalled in his Giving Pledge letter.

From The Wall Street Journal

While banks have grown more complex alongside the financial system, at their core they extend credit to businesses and households using deposit-funded balance sheets.

From The Wall Street Journal

However, becoming a bank means it will be able to extend credit to customers via credit cards, overdrafts and mortgages.

From BBC

But in Jim Crow-era Alabama, where the firm began, banks wouldn’t extend credit to the founding Mr. Perryman.

From New York Times

Mainstream banks have been happy to welcome SVB’s deposits, but few may have the appetite to extend credit to businesses that don’t have self-sustaining revenues, says Mark Mason, CEO of Seattle-based HomeStreet Bank.

From Seattle Times