Revolving Credit Facilities

These facilities provide industrial investors with further flexibility in the area of short-term financing, by making available short-term, working capital finance, with a specified ceiling and term. These facilities can be renewed, with a new ceiling and term, by agreement between the customer and EIB after scrutiny of the customer's requirements. The revolving nature of this facility allows the customer to utilize the amounts of the loan more than once during the period of its term, within the agreed ceiling of the loan. The advantage of this facility lies in the multiple withdrawals and payments within the period and ceiling specified, that enable the client to utilize in a flexible manner EIB's facilities to operate in local and foreign markets. The nature of these facilities allows for an optimum use of EIB's loans.