What Is a Standby Note Issuance Facility (SNIF)? A standby note issuance facility (SNIF) is a type of credit facility, often offered by a bank, that will guarantee payment to the lender if the ...

A negative invoice or credit note is a form letter sent from a business/seller to a product buyer. According to BusinessDictionary.com, a credit note states that the business is crediting a portion of ...