credit facility

Examples (10)

• The bank approved a credit facility of $100,000 for the small business.
• Companies often need a credit facility to manage cash flow during expansion.
• The startup secured a revolving credit facility from their local bank.
• Our credit facility allows us to borrow up to $500,000 when needed.
• The manufacturing company applied for an extended credit facility to purchase new equipment.
• Banks typically require collateral before approving a large credit facility.
• The credit facility helped the restaurant survive the slow winter months.
• Interest rates on our credit facility are reviewed quarterly by the bank.
• The construction firm used their credit facility to finance the project materials.
• Having an unused credit facility provides financial security for unexpected expenses.