Facility

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Facility

A loan extended by a bank to a business in need of operating capital. This may take several forms, from a short-term loan to a line of credit. Different banks have different facility plans for their clients who own or run businesses. See also: Debt financing.
References in periodicals archive ?
Long-term care facilities often plan very large events and activities that involve a large number of residents and staff.
Peck: What are the three or four most common serious problems you find facilities encountering that drive them to the point of turnaround?
Others embrace a "culture of safety" that requires nursing facilities to exert even more control over the lives of their residents.
Department of Treasury and the Internal Revenue Service, the NABL asked for clarification on two types of recycling facilities: conversion facilities and recovery facilities.
Expenses for goods, services or use of facilities that are sold by the taxpayer to customers for full consideration.
In general, the public views correctional facilities as a necessary evil.
The current Seminar took an in-depth look at facilities as they are currently and where we need change in this dynamic society as preparations are made to meet future demands and challenges in the facilities movement in the nation.
For many people, this analysis should involve consideration of continuing care facilities--retirement facilities that will provide both independent living quarters and long-term skilled nursing care.

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