Revolving Credit Facility
Revolving Credit Facility
A revolving credit facility is a line of credit that is arranged between a lender and a business.
It has an established maximum amount, where the business has access to the funds at any time when needed.
This type of credit is mostly useful for operating purposes, especially for any business experiencing sharp fluctuations in their cash flow, (CF) is the increase or decrease in the amount of money a business, institution, or the individual has.
The facility amount is based upon the company’s receivables or turnover. For receivables based RCF min of £500k turnover. For turnover based RCF min £100k turnover, must be a homeowner and min facility of £10k.
Our Process
1. Free telephone consultation about your requirement and company
We offer a free telephone consultation so we can learn more about your business and requirements to ensure we can help you find the best finance option to suit your needs.
2. Submit company/director details and financials as requested
In order to help you get the finance you need, we'll ask you for your financials and your company / director details. Complete this using our online application form, which can be filled out in a matter of minutes.
3. Application sent to carefully selected lender(s)
Once we receive your application form, we'll send it off to our carefully selected lenders so that they can review your application.
4. Approvals from 1 hour depending on facility and amount
Depending on the facility amount, your application could be approved in as little as 1 hour.
Apply Online in 5 minutes
Our finance facilities are designed with all businesses in mind, so we'll just need some details about your company and financials to make a decision.
GET APPROVED IN 1 + HOURS
If you’re approved for one of our business loans, drawdown can be as quick as the same day.
BORROW FROM 1 DAY TO 5 YEARS
Your repayment schedule will depend on your circumstance, some lenders allow early repayment without penalty (check your contract).
Get Started Today
If you need funding to grow your business, our finance partners can provide a fast and affordable solution to help support your goals.
How We Help
Let us spend the time on sourcing your commercial finance, your time is more valuable being used on your business.