Inventory revolving line of credit
id:
inventory-revolving-line-of-credit-241-2862530
title:
Inventory revolving line of credit
text:
An inventory revolving line of credit is a form of an asset based loan that is specifically collateralized by inventory held for sale. Rather than amortizing the principal amount over time, revolving lines of credit (revolvers) solely accrue interest on the outstanding balance and is charged in arrears. As long as inventory is replenished, the borrower can redraw upon their line of credit to up to their borrowing base availability determined by the facilities advance rate. Advance rates are typi
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Inventory_revolving_line_of_credit
date created:
date modified:
2023-09-26T21:55:00Z
main entity:
{"identifier":"Q107241467","url":"https://www.wikidata.org/entity/Q107241467"}
image:
fields total:
13
integrity:
13