What does borrowing capacity mean?

borrowing capacity meaning in Law Dictionary

Depending upon the company or people finances, this is how a great deal is available is borrowed and usually some kind of collateral is put on the table just in case they're unable to repay.

borrowing capacity meaning in Business Dictionary

how much money available for a company to borrow, based on the company's existing monetary state. A lender may also think about available security in identifying borrowing ability.