Credit Facilities definition: Copy, customize, and use instantly
Introduction
The term "Credit Facilities" refer to financial arrangements where a lender provides funds to a borrower for specific purposes, typically involving loans or credit lines. These facilities may vary in structure, including revolving credit, term loans, and more, depending on the nature of the agreement. Credit facilities are essential for financing both short-term and long-term needs and can be used by individuals, businesses, and other entities. Clearly defining these terms ensures clarity regarding the terms of use, interest rates, and repayment conditions.
Below are various examples of how "Credit Facilities" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Credit Facilities" as short-term financing
This definition ties "Credit Facilities" to short-term borrowing.
"Credit Facilities" refers to short-term lending arrangements where funds are provided to a borrower with an agreement for repayment within a specific, short time frame, usually under a revolving credit line.
Definition of "Credit Facilities" as revolving credit
This definition links "Credit Facilities" to revolving credit usage.
"Credit Facilities" means the total amount of revolving credit extended to the borrower, allowing the borrower to borrow, repay, and borrow again up to a maximum limit.
Definition of "Credit Facilities" as long-term loans
This definition ties "Credit Facilities" to long-term lending.
"Credit Facilities" refers to loans provided to the borrower that have longer repayment terms, often exceeding one year, and may include term loans, secured loans, or structured finance agreements.
Definition of "Credit Facilities" as used by corporations
This definition connects "Credit Facilities" to corporate financing.
"Credit Facilities" refers to loans or lines of credit granted to a corporation for operational purposes, capital expenditures, or strategic investments, typically involving significant financial institutions.
Definition of "Credit Facilities" as committed lines of credit
This definition links "Credit Facilities" to committed credit lines.
"Credit Facilities" means lines of credit that the lender is legally committed to providing to the borrower, with specific terms and conditions regarding the availability and repayment.
Definition of "Credit Facilities" as non-revolving credit
This definition ties "Credit Facilities" to non-revolving arrangements.
"Credit Facilities" refers to credit arrangements where the borrower can access the funds only once and does not have the option to borrow again once the loan is repaid.
Definition of "Credit Facilities" as a multi-lender arrangement
This definition connects "Credit Facilities" to syndicated lending.
"Credit Facilities" refers to a lending arrangement involving multiple lenders who contribute to providing credit to the borrower, typically in the form of syndicated loans.
Definition of "Credit Facilities" as used in project financing
This definition links "Credit Facilities" to project-based loans.
"Credit Facilities" means loans or credit lines extended to fund a specific project, where the repayment terms are often tied to the project's cash flows and success.
Definition of "Credit Facilities" as used in asset-based lending
This definition ties "Credit Facilities" to asset-backed financing.
"Credit Facilities" refers to loans that are secured by the borrower's assets, such as inventory, accounts receivable, or property, with repayment terms based on the value of those assets.
Definition of "Credit Facilities" as available for working capital
This definition connects "Credit Facilities" to working capital needs.
"Credit Facilities" refers to credit extended to support a borrower’s working capital needs, providing liquidity for day-to-day operations and covering operational expenses.
Definition of "Credit Facilities" as structured finance
This definition links "Credit Facilities" to structured financing solutions.
"Credit Facilities" refers to specialized credit arrangements used in structured finance, which may include asset-backed securities, collateralized debt obligations, or other customized lending solutions.
Definition of "Credit Facilities" as term loans
This definition connects "Credit Facilities" to term loan structures.
"Credit Facilities" means loans that are provided for a specific period and repaid according to a fixed schedule, often used for larger investments or acquisitions.
Definition of "Credit Facilities" as used in real estate investments
This definition ties "Credit Facilities" to real estate financing.
"Credit Facilities" refers to loans or lines of credit provided to finance the acquisition, development, or refinancing of real estate properties, often backed by the properties themselves.
Definition of "Credit Facilities" as used in merger and acquisition financing
This definition links "Credit Facilities" to M&A transactions.
"Credit Facilities" means loans or lines of credit extended to finance the acquisition of another business, including leveraged buyouts and other merger-related expenses.
Definition of "Credit Facilities" as used in capital markets
This definition ties "Credit Facilities" to capital market arrangements.
"Credit Facilities" refers to credit arrangements made available to borrowers through the capital markets, including bonds, private placements, or other debt instruments.
Definition of "Credit Facilities" as used in trade finance
This definition connects "Credit Facilities" to trade finance needs.
"Credit Facilities" means loans or credit lines extended to support international trade activities, such as financing imports and exports, or facilitating trade transactions.
Definition of "Credit Facilities" as used in venture capital financing
This definition links "Credit Facilities" to venture capital funding.
"Credit Facilities" refers to credit lines or loans extended to venture-backed companies, typically provided for working capital or growth capital needs.
Definition of "Credit Facilities" as used in debt restructuring
This definition ties "Credit Facilities" to restructuring activities.
"Credit Facilities" refers to the various credit lines and loans used in the restructuring of a company’s debt obligations, providing the company with liquidity to meet its obligations during financial distress.
Definition of "Credit Facilities" as used in securitization
This definition connects "Credit Facilities" to asset securitization.
"Credit Facilities" refers to the funding mechanisms utilized in securitization transactions, including loans secured by pools of assets or receivables.
Definition of "Credit Facilities" as used for consumer loans
This definition ties "Credit Facilities" to consumer lending.
"Credit Facilities" means lines of credit or personal loans extended to individuals for purposes such as purchasing goods, financing education, or consolidating debt.
Definition of "Credit Facilities" as used in international lending
This definition connects "Credit Facilities" to cross-border finance.
"Credit Facilities" refers to the loans and credit lines provided by international banks or financial institutions to borrowers in other countries, often involving foreign currency.
Definition of "Credit Facilities" as used in revolving credit agreements
This definition links "Credit Facilities" to revolving lines of credit.
"Credit Facilities" means credit extended in the form of revolving credit agreements, where the borrower can draw, repay, and re-borrow up to a specified limit.
Definition of "Credit Facilities" as secured by collateral
This definition ties "Credit Facilities" to collateralized loans.
"Credit Facilities" refers to credit arrangements where the borrower pledges assets, such as real estate or securities, as collateral to secure the credit extended.
Definition of "Credit Facilities" as short-term borrowing options
This definition connects "Credit Facilities" to short-term finance tools.
"Credit Facilities" means the total amount of short-term credit extended to the borrower, typically used to manage liquidity needs or unexpected expenses.
Definition of "Credit Facilities" as based on covenant compliance
This definition links "Credit Facilities" to financial covenant conditions.
"Credit Facilities" refers to loans or credit lines that are subject to the borrower meeting specific financial covenants, such as debt-to-equity ratios, EBITDA thresholds, or liquidity requirements.
Definition of "Credit Facilities" as working capital loans
This definition ties "Credit Facilities" to financing day-to-day operations.
"Credit Facilities" means loans provided to cover the working capital needs of the borrower, often including short-term debt instruments like lines of credit or overdrafts.
Definition of "Credit Facilities" as used in corporate finance strategy
This definition connects "Credit Facilities" to corporate financial planning.
"Credit Facilities" refers to the various loan and credit options a corporation uses as part of its broader corporate finance strategy, allowing for the funding of operations, expansion, or capital projects.
Definition of "Credit Facilities" as used in structured lending
This definition links "Credit Facilities" to tailored lending solutions.
"Credit Facilities" refers to structured financial solutions where the credit terms, repayment schedules, and interest rates are specifically tailored to meet the borrower’s needs or project goals.
Definition of "Credit Facilities" as provided by a syndicate of lenders
This definition ties "Credit Facilities" to syndicated lending.
"Credit Facilities" means loans or credit arrangements provided by a group of lenders, known as a syndicate, who share the risks and returns of the loan.
Definition of "Credit Facilities" as secured by a borrower’s assets
This definition connects "Credit Facilities" to asset security.
"Credit Facilities" refers to loans that are secured by the borrower’s assets, such as inventory or receivables, which can be liquidated in case of default.
Definition of "Credit Facilities" as revolving loans
This definition links "Credit Facilities" to revolving loan options.
"Credit Facilities" refers to loans that allow the borrower to access funds up to a pre-agreed limit, repay the amount borrowed, and then borrow again, typically with flexible repayment terms.
Definition of "Credit Facilities" as used in high-yield debt offerings
This definition ties "Credit Facilities" to high-yield bond financing.
"Credit Facilities" refers to high-yield debt instruments or loans offered to companies, typically with higher interest rates due to the increased risk associated with lending.
Definition of "Credit Facilities" as used in asset-backed lending
This definition connects "Credit Facilities" to asset-backed loans.
"Credit Facilities" refers to credit extended to a borrower that is secured by the borrower’s assets, such as inventory, receivables, or other collateral, often used for working capital needs.
Definition of "Credit Facilities" as used for large capital projects
This definition links "Credit Facilities" to financing large projects.
"Credit Facilities" refers to credit arrangements made available to fund the costs of large capital projects, such as infrastructure development or major acquisitions.
Definition of "Credit Facilities" as used in corporate restructuring
This definition ties "Credit Facilities" to corporate restructuring strategies.
"Credit Facilities" means credit extended to a company in financial distress, often as part of a broader debt restructuring plan to allow the company to remain operational during the restructuring process.
Definition of "Credit Facilities" as used in investment financing
This definition connects "Credit Facilities" to financing investments.
"Credit Facilities" refers to loans or credit lines that provide the necessary capital to finance investments, whether
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.