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 Glossary   >   S   >   "Swingline Loan" Definition   

        Swingline Loan

A loan that grants institutions access to large amounts of cash in order to cover possible shortfalls from other debt commitments.

Swingline Loan


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Swingline Loan - A loan that grants institutions access to large amounts of cash in order to cover possible shortfalls from other debt commitments.


Swingline Loan : a loan that grants institutions access to large amounts of cash in order to cover possible shortfalls from other debt commitments.