In addition, the MFN clauses can result in increased bureaucracy, increased administrative and legal costs for the sponsor, usually the fund`s general partner or investment manager, who creates and supports the fund, when negotiating and implementing complex and longer MFN clauses and letters. Such secondary negotiations and the MFN`s electoral process may even delay the closure of funds. Incremental facilities are available to allow relatively rapid access to liquidity, by granting front-line authorization at unanted maturities or to renewable facilities, without the need for the lender to give its consent and can be used, provided that the borrower group and the incremental facility in place meet certain pre-agreed parameters. Incremental facilities may be necessary for a specific purpose, for example. B for screw purchases (mainly unrelated acquisition lines) or investments or to cover general working capital requirements. The increased flexibility offered by incremental facilities was particularly appreciated when borrowers defined a growth or business strategy that requires future debt financing before the maturity of their primary facilities. For example, in the context of a rapidly changing and highly competitive sme market, where appropriate potential targets have become more limited and bidders are expected to act more and more quickly to submit their funds to certain bids and have quick access to incremental debts, without a lengthy process of modification and/or approval being submitted to the existing group of lenders, it is necessary to inject incremental facilities for borrowers and negotiate in advance. Given the proliferation of incremental facilities in recent years, many developers and borrowers who use incremental facilities (or at least negotiate optional facilities in facility agreements) will benefit, subject to the agreement with the group of lenders of certain important commercial conditions, from a privileged form of incremental provisions that accommodate them and use loan financing transactions accordingly. It is in this context that it is appropriate to consider: whether or not the formulation of the LMA is taken up in full or in part by the credit market, while the provisions of the incremental facility that the LMA has included in its recommended form of agreement on loan-financed facilities do not seek to take into account all the relevant potential variables that can be seen in the current incremental facilities, but they are a useful starting point, particularly for a series of business borrowers and for small and medium-sized areas. In the past, large-scale agreements and top animal sponsors are retained, incremental institutions (otherwise known as accordion or additional organizations) are an integral part of credit markets and are increasingly common in the area of corporate credit.