revolving line of credit in English

overdraft that is approved for limited periods of time

Use "revolving line of credit" in a sentence

Below are sample sentences containing the word "revolving line of credit" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "revolving line of credit", or refer to the context using the word "revolving line of credit" in the English Dictionary.

1. The company is negotiating to extend the maturity on the rest of its revolving line of credit, too.

2. This is one of the more expensive types of financing compared to revolving line of credit and term debt.

3. Alternatively, the credit facility can be contingent: an unused revolving line of credit that can be accessed in an emergency, instantly encumbering the asset.

4. And it says the company is confident that it will be able to refinance its revolving line of credit when it comes due on July 20

5. About 500 million pounds of existing loans are in the form of a revolving line of credit for working capital, according to data compiled by Bloomberg.

6. 21 And it says the company is confident that it will be able to refinance its revolving line of credit when it comes due on July 20

7. In a move that would represent its first return to the capital markets, GM also plans to arrange a revolving line of credit in preparation for an eventual IPO, Henderson said.

8. This type of loan works like a credit card, and has a revolving line of credit , in which the borrower may borrow against the principal more than once over the life of the loan.