Businesses that turn stock over quickly. Car dealerships, retailers, anyone buying and selling inside thirty days.
FacilitiesCredit Line
Credit Line
An approved limit. Drawn when you need it.
A facility you draw from as the business requires, with each drawdown repaid on its own schedule. You are not paying for money you have not taken.
How it works
- Limit
- Up to £200,000.
- Drawdown terms
- Short terms, from one month up to twelve, chosen per drawdown.
- Repayment
- Monthly by direct debit, fixed for that drawdown.
- Cost
- A fixed cost per drawdown, shown before you confirm.
- Decision
- Usually within 24 hours.
What revolving means
You take what you need, when you need it. The cost is fixed at the point of drawdown and does not change afterwards.
Your agreed limitThe same facility, three points
The day you drawYou take what you need. The rest sits there and costs nothing.
As you repayEvery instalment puts that principal back. It is available again straight away, not at the end of the term.
Paid offThe whole limit is back. A loan ends here. A line resets.
Still owingPaid back, and available againNever drawn
The feeFixed, and shown before you confirm the drawdown. You see what that draw costs before you take the money, and it does not change afterwards.
Each drawRuns on its own term and its own fee. Two draws on the same limit can sit on two different schedules without affecting each other.
Paying earlyChanges nothing. The cost was set on the day, so there is no interest still running and nothing to unwind.
UndrawnCosts nothing. The limit can sit there unused for as long as you like.
How it differs from an overdraft
An overdraft runs through your business account, so the account sits negative while it is in use, and every lender who reads your statements afterwards sees it.
A credit line sits outside the account entirely, so it still reads clean.
The money behaves differently too: an overdraft is repayable on demand, while a drawdown has a fixed cost and end date, agreed before you take it. Both have their place.
An approved limit, held outside the account
Receives the drawdown, and still reads clean
Who this is for
The money goes out, the stock sells, the money comes back. A line lets you take it for the weeks the stock is sitting there, and stop.
It also works as a safety net: undrawn, it costs nothing, and it keeps pressure off the business account.
If that sounds like your business, ask us. Tell us what you need
What we need from you
Six months of business bank statements
Five to seven minutes from your banking app.
Company and director details
Basic information about the business and who runs it.
Identity documents
Passport or driving licence, where a lending partner requires it.
That is everything. We collect it once and keep it on file.
Often taken alongside a loan, not in place of one.
Is this for you
Established UK limited companies, typically taking £360,000 a year through the business account, with two years of trading and uneven cash flow rather than a single capital requirement. Lower turnover or a younger business is looked at case by case where the trading is strong.
Send six months of statements and you will know where you stand, usually the same day.