What does RLOC stand for?

Revolving Line Of Credit

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

7 billion revolving line of credit for two years, preserving cash to use for its turnaround efforts.

Ford extends most of its $10.7B credit line

The Durst Organization announced the renewal of a $200 million revolving line of credit from Citi Private Bank.

Durst renews $200m credit line

announced today that it has reached an agreement in principle with a steering committee of lenders to restructure its revolving line of credit facility.

United States: American Capital Announces Agreement in Principle with ...

and a $189,900 revolving line of credit from Regions Bank of Birmingham, Ala.

Hickory home

Open-end credit generally refers to a revolving line of credit (such as a credit card account) where repeated transactions are expected, the available credit is replenished as unpaid balances are repaid, and finance charges are assessed on unpaid balances.

Request for comments on review of open-end credit rules, Regulation Z

Lo Doc LOC is a revolving line of credit with the functionality of ING Bank's Smart Home Loan, designed for self employed people who have been in business for at least two years, but are not able to provide all the paperwork required for a standard loan.

ING breaks $10bn loan mark. (News)

The DMC finance team responded by designing an asset-based and cash flow financing program with General Electric Capital that provides for a $60-million revolving line of credit secured by DMC's accounts receivable--even though DMC, like most health-care providers, has a low turnover in accounts receivable (typically 45 to 120 days).

Succes story: Detroit Medical Center

Alterra received commitments from a syndicate of banks led by Houston-based Bank United for an $80 million revolving line of credit.

Alterra reports $230M in new financing