Revolving credit facility
If you have short term or variable funding requirements, a revolving credit facility may be able to provide the cash you need. Similar to an overdraft, but usually with higher credit limits. You only pay for what you use. The loan amount can be withdrawn, repaid and redrawn again any number of times.
Use it to:
- help pay for stock
- fund work in progress
- develop or market new products
- fund short term operating cash flow demands
Depending on the strength of your business and security available, revolving credit facilities usually offer credit of between £25,000 and £500,000. Typically they can be put in place for 1 month to a year but then can be extended, depending on your circumstances
Call us now on 01778 309777 to find out how a credit facility can help your business
What our customers say...
Pilot Fish very quickly secured us a working capital facility that we needed to cover expenses before receiving funds on a development loan.
Stephen Green, Property Developer