Revolving Credit Facility — Definition, How it Works¶
Corporate Finance Institute. (2026). Revolving Credit Facility — Definition, How it Works.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Lazy Evaluation
- In finance and procurement it is pay-on-delivery, revolving credit drawn only when needed, and capital deployed only when an investment thesis fires.
This sourceDescribes a draw-on-demand credit facility: funds are drawn only when needed (e.g., to fund a working-capital gap), interest accrues only on the drawn amount, and a commitment fee is paid on the undrawn portion — the demand-pulled deferral of capital deployment.
- In finance and procurement it is pay-on-delivery, revolving credit drawn only when needed, and capital deployed only when an investment thesis fires.
Verification¶
This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.
Registry ID ref:9ca83b327a43 · see in the full table