LexisNexis Practical Guidance®
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Overdrafts, term loans and revolving credit facilities

The three common types of loan facility are:

  • overdrafts;
  • term loans; and
  • revolving credit facilities (RCFs).

This guidance note outlines the features of the loan facilities and considers the advantages and disadvantages of each type of loan facility from a borrower's perspective.

See Overdrafts, term loans and revolving credit facilities.