What is a credit facility?
In this video, you will learn about what a credit facility is. A credit facility is basically like a loan commitment or the ability to draw down a loan for the borrower. Hence, the borrower realizes needs extra capital, maybe something to extend this runway, or maybe some capital equipment wants to finance.
00:00 Introduction
00:05 What is a credit facility?
00:34 Sometimes called a line of credit or debt deal
00:46 Fortune 500 companies do this as well!
01:10 Also called forward commitment
01:22 Conclusion
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Additional Resources
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