What is the difference between a revolving credit facility and a term loan?
While a revolving credit facility is a type of loan, there are some key differences that set it apart from a regular term loan. Credit cards that allow you to take out money, pay it back, and take it out again are known as revolving credit lines. Term loans typically require borrowers to take out […]
How much does a Revolving Credit Facility cost?
Revolving Credit Facility How much does a revolving credit facility cost? Firstly, what is a revolving credit facility? This is a credit line set up between a bank and a company. It has a set maximum amount, and the company can use the cash whenever it is needed. A revolving credit facility is sometimes known […]
Sales and Leaseback vs Asset Refinance?
Sale and leaseback, and asset refinancing are both ways that businesses can make the most of the assets they own. So, how do they work, and when might you decide to use each of these types of arrangements? Sales and Leaseback This type of arrangement involves a business selling one of its assets to another party and […]
