Credit facilities are a type of pre-approved loan which allows the borrower to borrow money on an ongoing basis over an extended period of time, rather than applying for a new loan each time the borrower needs more money. The borrower can access up to a certain amount, and can borrow when they need funds, much like how an individual uses a credit card. Credit facilities are generally only made in a business or corporate finance context.

In trucking, credit facilities are often found in equipment finance. For example; fleet owners that are pre-approved for a certain amount can add trucks to their fleet quickly and easily when the need arises.