Swingline Loan

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Swingline Loan

A large loan that a company may take out in order to repay other debts. A swingline loan is much like a line of credit or a demand loan, but differs in that it must be used to repay outstanding debt. See also: Refinancing, Debt consolidation.
References in periodicals archive ?
With over 90,000 s/f of leased space signed in 2012, Stellar Management's 285,000 s/f Swingline Building, an industrial building, at 32-00 Skillman Avenue in Long Island City is now fully occupied.
based ACCO Brands, maker of the Swingline brand, say the shredder offers quiet operation, an easy user interface and a compact design that fits neatly under a desk for quick access.
He said that the "strong and dedicated membership base" of his Swingline Owner's Club makes it "one of the premiere Stapler enthusiasts groups in the southeast, having great meetings, shows and competitions, all involving stock and custom Swingline staplers, of all types, years and models.
ACCO Brands has rolled out a number of new products under its Swingline, Wilson Jones, Boone and Kensington brand umbrellas.
Swingline Windows has been exhibiting at the Pittsburgh Home and Garden show for 17 years.
Fire escape routes and staircases were protected with the Fineline system, which incorporated Swingline glazed doors, to ensure up to 30 minutes fire integrity.
Sholom & Zuckerbrot Realty has arranged two leases on the ground level of the historic Swingline Plant, at 32-00 Skillman Avenue in the Long Island City section of Queens, according to Sanford Zuckerbrot, chairman of the firm.
Convenience and ease of use is being emphasized by several of the new items that ACCO's Swingline division, which specializes in workplace tools for the business, home and mobile office, will debut next month.
Swingline doorsets with Pyrostop glass also provide 30 minutes protection to escape staircases.
OFM, a leading office and school furniture manufacturer, distributor, and wholesaler, together with Swingline, the makers of the iconic Red Swingline Stapler, have launched the Hands Off My Stapler Contest.
Long-time Long Island City-based company Mercury Beach Maid has leased 55,000 square feet for its new headquarters at the 285,000-square-foot former Swingline Complex located at 32-00 Skillman Avenue, Long Island City, Queens.
6 million SF two-building complex known as The Falchi and The Factory Buildings, the sale of the 1-million-square-foot Queens Atrium Corporate Center buildings (formerly known as IDCNY), and the sale of the 450,000 SF Swingline buildings.