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A revolving loan is a loan which can be drawn and repaid repeatedly as per the debtor’s needs for the duration of the loan contract.
ABC Papers arranged a USD 5,000,000 revolving loan with GoldBank to help cover its operating expenses.
In contrast to term loans, revolving loans provide greater flexibility to the borrower, although usually at the cost of higher interest rates. The term revolving loan is more or less synonymous with line of credit. Each has a maximum amount that can be drawn, repaid, then drawn again. Sometimes, a financial institution will charge the (potential) borrower a commitment fee for keeping that line of credit open and available to the client. Credit cards and overdrafts are examples of revolving loans for individuals.
Revolvingová půjčka je půjčka, kterou lze čerpat a splácet opakovaně podle potřeb dlužníka po dobu trvání úvěrové smlouvy.
Společnost ABC Papers dohodla s bankou GoldBank revolvingovou půjčku ve výši 5 000 000 dolarů, která má pomoci pokrýt její provozní náklady.
Revolvingové půjčky, oproti termínovaným půjčkám, poskytují dlužníkovi větší flexibilitu, ačkoli obvykle za cenu vyšších úrokových sazeb. Termín revolvingová půjčka je více méně synonymem k úvěrovému rámci. V obou případech jde o maximální částku, kterou lze čerpat, splatit, a znovu čerpat. Někdy mohou finanční instituce účtovat (případnému) dlužníkovi poplatek za závazek za to, že klientovi nechají otevřený úvěrový rámec. Kreditní karty a kontokorenty jsou příklady revolvingových půjček pro fyzické osoby.
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English Editorial Services’ mission is to assist international businesses and organizations of all sizes to communicate clearly, correctly, and persuasively with their business partners and target audiences.
Simply subscribe to receive our Business Term of the Day at no charge to your inbox each business day, with explanation in English and Czech.
