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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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  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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