A revolving credit agreement is a:

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A revolving credit agreement is an agreement in which a lender provides a borrower with a guaranteed line of credit for a specified period of time, typically a year or more. The borrower can draw on the line of credit as needed, up to a certain limit. As the borrower repays the borrowed amount, the credit becomes available again, hence the term "revolving." This type of credit is often used by businesses to manage cash flow fluctuations or to fund ongoing operations.

A Revolving Credit Agreement Is A