A facility agreement is also known as a loan agreement. A facility agreement is a very complex document that can protect the two parties involved – borrower and lender, although more often than not the protections are for the lender. In most cases, the lender...
It might go without saying, but a loan is an agreement by one party (a lender) to lend money to another (a borrower). They can be Term Loans (meaning they are repaid over a set period of time), an facility for drawdown, a Secured Loan, an Unsecured Loan, and more...
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