Access funds when you need them with our revolving credit line. Only pay interest on what you use with credit limits up to £250,000.
Flexible, revolving capital that adapts to your business needs
Unlike traditional loans, you only pay interest on the funds you actually draw, giving you complete control over your costs
As you repay what you've borrowed, that amount becomes available again, creating a continuously accessible source of funds
Once approved, draw funds instantly whenever you need them through our secure online portal or mobile app
Strategic financing for your most common business needs
Bridge gaps between accounts receivable and payable, ensuring you can cover operational expenses even during revenue fluctuations
Have immediate access to capital for unexpected expenses, repairs, or opportunities without the lengthy application process of traditional loans
Fund seasonal hiring, staff training programs, or take on additional talent to fulfill new projects and contracts
Purchase inventory to meet seasonal demand, take advantage of supplier discounts, or respond quickly to market trends
Quickly capitalize on growth opportunities or special offers that require immediate action without depleting your cash reserves
Fund specific short to medium-term projects with the flexibility to draw only what you need at each project phase
Transparent pricing and flexible terms to meet your business needs
| Line of Credit Feature | Details |
|---|---|
| Credit Limit | £5,000 - £250,000 |
| Interest Rate | From 6.9% APR (Representative example) |
| Term Length | 1 - 5 years |
| Decision Time | Within 48 hours |
| Repayment Structure | Monthly minimum payments (interest + 1-2% of principal) |
| Draw Period | Continuous access during term (subject to good standing) |
| Fees | 1.5% origination fee, 0.5% annual maintenance fee, no draw fees |
*Representative Example: £100,000 credit line at 6.9% APR with monthly minimum payments
Apply NowKey requirements to secure a business line of credit
Minimum 1 year of active trading history (2+ years preferred)
Both business and personal credit are evaluated, with minimum business credit score of 550
Minimum annual turnover of £75,000, with demonstrable cash flow
Check your rate in minutes with no impact on your credit score.
Get answers to common questions about business lines of credit
A business loan provides a lump sum with fixed repayment terms and is ideal for specific projects or purchases. A line of credit offers flexible access to funds up to a predetermined limit, with interest paid only on the amount drawn, making it suitable for managing cash flow fluctuations and ongoing expenses.
Once your line of credit is approved, you can access funds immediately through our online banking portal or mobile app. Transfers to your business account typically process within one business day, and subsequent draws are available instantly.
You only pay interest on the amount you actually draw, not on the total available credit. There's a small annual maintenance fee of 0.5% on the unused portion to keep the line active, but this is significantly less than paying interest on the full amount.
Yes, businesses with good repayment history may qualify for credit limit increases. After 6-12 months of responsible usage and timely payments, you can request a limit review. We regularly assess accounts for potential limit increases based on usage patterns and business growth.
You'll need to provide business bank statements (last 3-6 months), financial statements or tax returns (last 1-2 years), proof of business ownership, and personal identification. Larger credit lines may require additional documentation such as accounts receivable/payable ageing reports.
