close
6 Pages
Back to Glossary
Credit Facility
What is a credit facility?
A type of loan agreement that provides a company with access to a predetermined amount of funds that it can draw upon as needed.
Related Briefs
May 17 2024
3 Shifts Edition (May 17 2024): OpenAI’s near-term ambitions, Sweeping US tariffs on Chinese goods, Expanding US electricity transmission
Apr 29 2021
Brief #45: The growing GPT-X economy
Feb 3 2023
3 Shifts Edition (Feb 3 2023): OpenAI’s LLM (large language model) rivals, EVs are officially mainstream, The economics of big rockets
Oct 4 2024
3 Shifts Edition (Oct 4 2024): OpenAI’s for-profit transformation, News is shifting away from free, What’s next after the dockworker strike
Sep 20 2024
3 Shifts Edition (Sep 20 2024): Instagram is really restricting teen accounts, OpenAI's o1 reasoning models, Big SaaS vendors’ AI agents
Jan 8 2021
3 Shifts Edition (Jan 8 2021): US bans anonymous shell companies, EPA prioritizes studies that use public data, OpenAI’s DALL-E text-to-image model