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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With R
  5. Revolving Credit Facility

Revolving Credit Facility

Definition of 'Revolving Credit Facility'

Enabling a firm to borrow up to a pre-specified amount usually over 1-5 years. As repayments of outstanding balances are made, the loan facility is replenished.

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Related Terms

RUFRevolving Underwriting FacilityCredit RatingAcceptance CreditCCCCredit PeriodLetter of CreditWorking Capital CycleAfter-Hours TradingDrawdown ArrangementLoan Guarantee SchemeRolled-Over OverdraftAnnualise Percentage Rate of InterestBACSBankruptcyCapCash-Conversion CycleCommodity Credit CorporationCredit RiskCredit Union

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