loan facility


loan facility
loan facility UK US noun [C]
BANKING, FINANCE an arrangement where a person or organization can borrow money up to a particular amount if and when they need it: »

The industry was granted a government-backed £410m loan facility to prevent it from going bust.

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The recent increase in production is helping the company generate plenty of cash for deals, leaving much of a $100m loan facility untouched.


Financial and business terms. 2012.

Look at other dictionaries:

  • Revolving Loan Facility — A financial institution that allows the borrower to obtain a business or personal loan where the borrower has the flexibility to decide how often they want to withdraw from the loan and at what time intervals. A revolving loan facility allows a… …   Investment dictionary

  • transferable loan facility — TLF A bank loan facility that can be traded between lenders, in order to reduce the credit risk of the bank that provided the loan. It is a form of securitization but can have an adverse effect on relationship banking …   Accounting dictionary

  • transferable loan facility — TLF A bank loan facility that can be traded between lenders, in order to reduce the credit risk of the bank that provided the loan. It is a form of securitization but can have an adverse effect on relationship banking …   Big dictionary of business and management

  • Transferable Loan Facility (TLF) — übertragbare Kreditfazilität; Innovation im Bereich des Eurokonsortialkredits, bei der Kredite in Unterbeteiligungen übertragen werden, welche an Beteiligte außerhalb des Konsortiums verkauft werden sollen. Somit werden die Kreditanteile… …   Lexikon der Economics

  • Term Asset-Backed Securities Loan Facility - TALF — A program created by the U.S. Federal Reserve in November, 2008 to boost consumer spending to help jumpstart the economy. This is accomplished through the issuance of asset backed securities. The collateral for these securities is made up of… …   Investment dictionary

  • Structural Adjustment Loan Facility — ( SAL) World Bank program established in 1980 to enhance a country s long term economic growth through financing projects. Bloomberg Financial Dictionary …   Financial and business terms

  • facility agreement — Also known as a facility letter or a loan agreement. An agreement (or letter) in which a lender (usually a bank) sets out the terms and conditions on which it is prepared to make a loan available to the borrower. It usually details the extent of… …   Law dictionary

  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

  • facility — fa‧cil‧i‧ty [fəˈsɪlti] noun facilities PLURALFORM 1. facilities [plural] PROPERTY special buildings or equipment that have been provided for a particular use, such as sports activities, shopping or travelling: • The hotel s leisure facilities… …   Financial and business terms

  • loan syndication — lending by a group. The size of some loans is so large that no single financial institution would possess either the resources or the inclination to lend the entire sum on its own. In such cases a syndicate of institutions is formed to provide… …   Law dictionary


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