Commercial Loans
Revolving Credit
Scroll Down
Revolving Credit is a rolling credit agreement. The revolving credit facility is used on a ‘as-needed’ basis and is then paid off when is convenient. There is a credit limit the same way a credit card or overdraft does. The amount you can borrow varies from £1k to £25m, the limit depends on level of security. The length of the credit can also vary from 1 month to 20 years. This type of credit is a style of working capital finance allowing you borrow up to a certain amount and in the future, once you need it.
Why choose revolving credit?
Similar to loans you can access in secured and unsecured versions. You can also combine with other types of finance to help manage your funding.
Key benefits
If you want to access funding, both quickly and that offer flexibility, revolving credit is perfect. it doesn’t have set payments and you can access funds as you need it, interest is only charged on what you borrow and until it is paid off.
AMOUNT
£1000 – £25m, depending on credit limit & security.
TERM
You can borrow from 1 month up to 20 years.
COST
Monthly interest + set-up fee, varied according to lender, business & security.
Find out more
Our team is on hand and ready to help you. Contact us and we can discuss your requirements in more detail.
View our PRIVACY POLICY