A type of credit that does not have a fixed number of payments. An example of consumer revolving credit would be credit cards. Corporate revolving credit facilities are typically used to provide liquidity for a company’s day-to-day operations.
A type of credit that does not have a fixed number of payments. An example of consumer revolving credit would be credit cards. Corporate revolving credit facilities are typically used to provide liquidity for a company’s day-to-day operations.