Loan & advances

Loan & advances

A broad section of the banking industry which deals with all aspects of the business of borrowing and lending money.

Industry: Banking

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Loan & advances

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Banking; Loan & advances

A loan facility where different tranches of the loan are repayable at different times.

It refers to the total cost of the transaction quoted to the borrower or issuer by the lenders or lead manager, also including fees payable to the lenders or managers. . In most cases, 'all in cost' ...

Advance

Banking; Loan & advances

It is the application of money under a loan facility, simply known as loan.

Accordion facility

Banking; Legal

It allows the borrower to contact a number of syndicate members (or all of them) after signing and request an addendum of available commitment. The borrower may persuade a few banks to lend more, ...

Credit loan

Banking; Loan & advances

Credit loans are loans that are given as credit from creditor to debtor who has to pay month instalments on interest, and funds of loan are usually credited to one's account to cash on same day.

Advance

Banking; Loan & advances

An advance payment, or simply an advance, is the part of a contractually due sum that is paid in advance for goods or services, while the balance included in the invoice will only follow the ...