Funding Range
£50,000 to £500,000
How a Revolving Credit Facility Works
Unlike a term loan where you receive a lump sum and repay over a fixed schedule, a revolving credit facility gives you access to a pre-approved credit limit. You draw funds when needed, repay when you can, and the facility revolves, the repaid amount becomes available to draw again.
Interest is only charged on what you've drawn, not on the full facility limit. If you draw £20,000 from a £100,000 facility, you only pay interest on £20,000.
This makes it ideal for businesses with variable cash flow, seasonal businesses, project-based businesses, or any company that needs flexible access to working capital without the commitment of a fixed loan.
Best For
A Note on Security
Revolving credit facilities are predominantly secured. The most common security is a debenture, which is a fixed and floating charge over the company's assets rather than a charge on a specific item. For larger facilities, additional property security may be required. Some lenders consider unsecured arrangements in rare cases depending on business profile and lender appetite. Your broker will confirm what security applies to your specific facility before you proceed.
Key Benefits
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£50,000
36 months
Illustrative only, not a quote.
Interest calculated on a reducing balance.
Calculations are illustrative only. Actual rates, terms and fees are deal-dependent and vary by lender, business profile, and security. Speak to your broker for a tailored quote.
Frequently asked questions
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