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 ?
Dobbs whacked a pharmacist in the ear with a metal Swingline when her insurance wouldn't pay for Ativan.
Its products brands are the Five Star, Hilroy, Mead, Swingline, Esselte, NOBO, Rexel, Tilibra and Wilson Jones.
The credit facility provides advance rate enhancement with LendingPoint's other credit facilities for more efficient equity usage while also providing swingline support.
BMSC can borrow up to $500 million on the $1.5 billion revolver for letters of credit (LOCs) and swingline loans.
Contract Awarded for Supply of Staples, Standard Stationary point, 1/4" height, full load, 5000/box, Swingline SF-1, Southwest 18305, Office Depot 766967, or equal.
Silicon Valley Bank is serving as the issuing lender, swingline lender and lead arranger for the lending parties.
In "Swingline Nine," Jen Hirt illuminates the physics behind a desk-based contraption whose mechanics usually get little notice: "The stapler is a simple machine, in the same category as pulleys and axles ...
Acco's brands include Artline, AT-A-GLANCE, Derwent, Five Star, GBC, Hilroy, Kensington, Mead, Quartet, Rexel, Swingline, Tilibra, Wilson Jones and many others.
TRiNiTY has several notable awards for its brews, including Silver Medals from the Festival of Barrel Aged Beer for its 365 Day Sour in 2014 and Red Swingline in 2014 and 2015.
The neighborhood around Queens Plaza was once home to many well-recognized top tier companies, including: Pepsi-Cola, Lockheed, Breyers, Eveready Flashlights, Swingline Staples, Packard and Pierce-Arrow Automobiles, Sunshine Biscuits, Dentyne Chicklets.
I usually didn't curse in front of Helen and Frances, for whom propriety had become a vocation after their husbands' deaths, but in this case it seemed warranted by how much less violent cursing was than what I wanted to do, which was round the corner to the other half of the office and beat Jim's face off with my Swingline stapler.
We found that even an inexpensive paper cutter like the Swingline ClassicCut Lite ($32 online) works great for cutting veneer.