A licence given by ASIC that allows people or companies to legally engage in credit activities. This includes providing credit under, or assisting with, a credit contract or consumer lease. Or acting as an intermediary between a credit provider and a consumer (for a credit contract). Or between a lessor and a consumer (for a consumer lease). The licensing process is a point-in-time assessment of the licensee, not of it's owners or employees. Holding a credit licence does not mean ASIC endorses the licensee. The ASIC Connect Professional Registers will tell you if the company or person holds an Australian credit licence.