Revolving borrowing facility: Difference between revisions
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== See also == | == See also == | ||
* [[Facility]] | |||
* [[Overdraft]] | * [[Overdraft]] | ||
* [[Revolving credit facility]] | * [[Revolving credit facility]] | ||
Latest revision as of 12:52, 6 July 2022
Any facility which permits the borrower to draw down and repay amounts at the borrower's discretion for a specified period of time.
The flexibility for the borrower is subject to the terms of the facility.
Examples of revolving borrowing facilities include overdrafts and revolving credit facilities.
