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loan facility

/loʊn fəˈsɪlɪti/
Main Example

She applied for a loan facility to buy a new car.

Example context
Grammatical Info:
Noun (n.)

A service provided by a bank or financial institution that allows a borrower to access funds under agreed terms.

Other Example
Synonyms
Synonyms

loan facility

/loʊn fəˈsɪlɪti/
Main Example

The company secured a loan facility for its expansion project.

Example context
Grammatical Info:
Noun (n.)

A specific arrangement or agreement for borrowing money, often with particular conditions.

Other Example
Synonyms
Synonyms

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