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 Glossary   >   A   >   "Additional Borrowing" Definition   

        Additional Borrowing

Similar to a traditional current account overdraft. It is the extra money you can borrow on top of what you"ve already borrowed. Your Additional Borrowing = Your Agreed/Total Facility - Total Borrowing.

Additional Borrowing


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Additional Borrowing - Similar to a traditional current account overdraft. It is the extra money you can borrow on top of what you"ve already borrowed. Your Additional Borrowing = Your Agreed/Total Facility - Total Borrowing.


Additional Borrowing : similar to a traditional current account overdraft. it is the extra money you can borrow on top of what you"ve already borrowed. your additional borrowing = your agreed/total facility - total borrowing.