Swingline Loan

Filed Under » Banking

	Definition of 'Swingline Loan' A loan that grants institutions access to large amounts of cash in order to cover possible shortfalls from other debt commitments.
	Investopedia explains 'Swingline Loan' You could compare this to a line of credit or demand loan, as a swingline loan gives companies immediate access to large sums of cash on short notice.

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