Revolving credit facility
A revolving credit facility is a flexible, pre-approved limit you can draw down and repay as you need, paying interest only on the balance you're using. It's working capital that flexes with your business.
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- Limit
- £25,000 to £250,000
- Interest
- Charged only on the drawn balance
- Term
- Rolling / renewable
Is it right for your business?
Who it suits
Businesses with lumpy or seasonal cashflow
Covering short-term gaps without re-applying each time
Owners who want a safety net rather than a fixed lump sum
Worth knowing
Limits are usually smaller than a term loan
Variable rates are common
Pros
Only pay for what you draw
Reusable without re-applying
Fast access once set up
What it costs you
Indicative only. Actual terms depend on the lender and your circumstances.
Related facilities
Other funding types worth comparing with this one.
How is a revolving credit facility different from a loan?
A loan is a single lump sum repaid on a fixed schedule. A revolving facility is a reusable limit you draw, repay, and draw again, paying interest only on what's outstanding.
See what you qualify for
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