Facility

What does it Mean? A term used to describe financial assistance programs offered by lending institutions to help companies requiring capital
Investopedia Says... These financial assistance programs are merely another name for loans taken on by companies. Examples of such facilities include swingline loans and lines of credit. Often you will hear of companies obtaining different credit facilities, as they can vary between committed or uncommitted.

Terms Related Links

Bond for Bond Lending
Cash for Bond Lending
Committed Facility
Credit Sleeve
Line of Credit
Swingline Loan
Term Securities Lending Facility - TSLF
Uncommitted Facility

Terms Related Links
What Is A Corporate Credit Rating? - For investors considering buying debt securities, a credit rating is an essential tool.

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