loan facility
Frequency: 7.111.0 per million words
A special feature allowing a customer to borrow money from a bank.
Categories:
Examples (20)
- The bank approved a loan facility of $500,000 for the expansion.
- The bank provides personal loan facilities at competitive rates.
- Small businesses often struggle to access a suitable loan facility.
- Our company secured a new loan facility to fund the expansion project.
- The company negotiated favorable terms for their loan facility.
- The government announced a loan facility for small businesses affected by the pandemic.
- We need to arrange a loan facility before starting the project.
- Access to a flexible loan facility is crucial for managing cash flow.
- The credit union offers competitive rates on their loan facility.
- They are currently negotiating the terms of a substantial loan facility.
- Banks typically require collateral for a large loan facility.
- The business had to draw down on its loan facility to cover unexpected costs.
- The startup secured a flexible loan facility from investors.
- A revolving loan facility offers more flexibility than a traditional loan.
- Interest rates on the loan facility are reviewed annually.
- We need to review the conditions attached to this loan facility very carefully.
- The loan facility includes an option for early repayment.
- The financial institution approved the new loan facility last week.
- Manufacturing companies rely on working capital loan facilities.
- Repaying the loan facility on time is essential for maintaining good credit.