There are several credit facilities a company can secure. A revolving loan facility allows a company to take out a loan, repay the loan, then utilize the same loan agreement again as long as there are principal funds available to borrow. A retail credit facility is often used to provide liquidity for cyclical companies that rely on inventory or high turnover of sales. A committed credit facility is a specifically negotiated set of terms that obligates a lender to borrow money to a borrower should the borrowing company meet specific criteria.