A Bilateral Bank Facility is a loan arrangement made between a single bank and a corporate customer, facilitating a direct relationship between the lender and the borrower. This kind of facility contrasts with a syndicated bank facility, which involves multiple lenders.
The establishment of a long-term relationship between a bank and its corporate customers. The main advantage is that it enables the bank to develop in-depth knowledge of a company's business, which improves its ability to make informed decisions regarding loans to the company. The company expects to benefit by increased support during difficult times.
