Evergreen credit

(redirected from Evergreen Loans)

Evergreen credit

Revolving credit without maturity.

Evergreen Credit

A revolving line-of-credit without a maturity date. As with other revolving lines-of-credit, the borrower may take and repay funds as needed up to a certain limit. See also: Evergreen loan.
References in periodicals archive ?
ComplianceOne will also now support numerous new transaction types, including commitment letters, oil and gas loans, commercial debt modifications, demand loans, and evergreen loans.
Full browser ?