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Product

Revolving credit facility

Flexible headroom you draw and repay at will

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What it is, in plain English.

A revolving credit facility is a flexible line of credit you can draw down and repay as your business needs change. You only pay interest on what you've drawn, with a smaller non-utilisation fee on the unused headroom.

A working capital instrument rather than a single-purpose loan.

How it works.

1

Facility agreed

Lender approves a credit limit based on your trading profile.

2

Draw on demand

Pull funds whenever cash flow needs cover, same-day in most cases.

3

Repay as you wish

Repay early without penalty. Headroom restores immediately.

4

Review annually

Facility size and pricing are reviewed once a year as trading evolves.

Best for

  • Seasonal businesses
  • Businesses with unpredictable working capital needs
  • Established trading histories
  • Turnover £1m+ typically

Not the best fit

  • One-off capital projects (use term debt)
  • Very small businesses without trading track record

What it costs.

Indicative ranges. Your exact pricing depends on turnover, sector and debtor quality.

Interest on drawn funds
BoE base + 3 to 6%
Charged only on what you've drawn
Non-utilisation fee
0.5 to 1.5%
Charged on the undrawn headroom
Arrangement fee
One-off
Set at facility inception
Annual review fee
Annual
Covers the yearly facility review

See what you'd release.

Move the slider to your typical invoice value. We'll show what hits your account and what it costs.

What's your invoice worth?

£50,000
£5k£500k
Released to you now£47,500
Held back until your customer pays£2,500
Time to fundsas little as 24 hours
See my full quote

No obligation. Speak to your broker for tailored terms.

Works particularly well for

Retail & hospitalityProfessional servicesManufacturingTechnology

Common questions.

RCFs are typically larger, committed for a fixed term, and priced more transparently than bank overdrafts. They're also less likely to be pulled at short notice.

Compare with other facilities