Credit facilities
We know that a credit facility is an agreement between a bank and a business that provides more flexibility than conventional loans. It is used as a financial method to provide financing and therefore it is not classified as debt at the same time it allows the owner the right to request financial loans in the future.
There is no doubt that bank loans are made through a strict agreement between the borrower and the bank, and the borrower is subjected to the bank’s conditions in terms of stating the reasons for the loan, bearing the interest, and organizing the monthly repayment process and the repayment years.
We firmly believe that in order to obtain a full loan to generate capital (for a long period), it requires a search for the company's credit facility, and one of the most important benefits of financial facilities is that it provides flexibility to companies that can’t predict its future credit needs.