what are the types of credit facilities 
there are several credit facilities a company can secure a revolving loan facility allows a company to take out a loan repay the loan then use the same loan agreement again as long as there are principal funds available to borrow a retail credit facility is often used to provide liquidity for cyclical companies that rely on inventory or high turnover of sales a committed credit facility is a specifically negotiated set of terms that obligates a lender to lend money to a borrower should the borrowing company meet specific criteria 