Note Issuance Facility (NIF) Love Machine 14 years ago Note Issuance Facility (NIF)A formal agreement wherein a syndicate of banks shows an interest or willingness to accept from borrowers, short term notes. These notes are sold in Eurocurrency market by the banks subsequently.Recommended for you:Either/or FacilityNote AgreementInternational Banking Facility (IBF)Swingline Facility Definition