Meaning Revolving credit facility
What does Revolving credit facility mean? Here you find 3 meanings of the word Revolving credit facility. You can also add a definition of Revolving credit facility yourself
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Revolving credit facilityA type of credit that does not have a fixed number of payments, in contrast to instalment credit. Invoice Finance is an example of revolving credit used by Clients. Corporate revolving credit facilities are typically used to provide liquidity/working capital for a company's day-to-day operations.
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Revolving credit facilityA bank makes an agreement with a counter party to provide funding for a consumer.
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Revolving credit facilitySee: Revolver
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