Related Content

More Like This

Show all results sharing these subjects:

  • Social sciences
  • Economics


Show Summary Details


non-revolving bank facility

Quick Reference

A loan from a bank to a company in which the company has a period (often several years) in which to make its drawdowns, as well as flexibility with regard to the amount and timing of the drawdowns, but once drawn an amount takes on the characteristics of a term loan. Compare revolving bank facility.

Subjects: Social sciencesEconomics

Reference entries