The Structure of the Facility

T. H. Donaldson
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T. H. Donaldson: J. P. Morgan

Chapter 10 in Credit Control in Boom and Recession, 1994, pp 127-145 from Palgrave Macmillan

Abstract: Abstract The structuring of facilities is critical to credit control. Too many banks settle for the easy facility, such as an overdraft or bullet term loan.

Keywords: Cash Flow; Credit Risk; Ratio Covenant; Interest Rate Risk; Term Loan (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-39024-9_10

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DOI: 10.1057/9780230390249_10

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