Creditworthiness refers to a company’s ability to repay its debts (commercial repayment ability) and the willingness to do so (willingness to pay).

Credit checking and credit monitoring
During a credit check, a company’s ability to pay is assessed either by the insurer itself or by a company contracted by the credit insurer. Customers of the policy holder for whom there is a credit limit are checked on an ongoing basis by the credit insurer and the information about such customers is updated. As a result, credit checking becomes credit monitoring.