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.

See the cost on Foresight

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.

You take what you need, when you need it. The cost is set at the point of drawdown and does not change afterwards, so there is nothing to recalculate and nothing that moves.

What revolving means

Your agreed limitThe same facility, three points

The day you drawYou take what you need. The rest sits there and costs nothing.Available to draw

As you repayEvery instalment puts that principal back. It is available again straight away, not at the end of the term.Available to draw

Paid offThe whole limit is back. A loan ends here. A line resets.Available to draw

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. Every lender who looks at your statements afterwards sees that, and it shapes what they will offer.

A credit line sits outside the account entirely. You can use it and the business account still reads clean.

The other difference is what happens to the money. An overdraft is repayable on demand. A drawdown carries a fixed cost and a fixed end date, agreed before you take it.

Both have their place. The difference matters more than most business owners are told.

Credit line

An approved limit, held outside the account

Business account

Receives the drawdown, and still reads clean

An overdraft runs through the account itself, so the balance sits negative while it is in use. A drawdown arrives from a facility held separately and is repaid on its own fixed term.

Who this is for

Businesses that turn stock over quickly. Car dealerships, retailers, anyone buying and selling inside thirty days.

The money goes out, the stock sells, the money comes back. A term loan would have you paying for months you did not need it. A line lets you take it for the weeks the stock is sitting there, and stop.

It is also a safety net rather than a permanent facility. Sitting there undrawn costs nothing, and it means the business account does not have to carry the pressure.

If that is the shape of your business, the quickest way to find out is to ask. Tell us what you need

What we need from you

Three to six months of business bank statements, five to seven minutes from your banking app. Company and director details. Identity documents where a lending partner requires them.

Everything you send us is held in encrypted, access-controlled storage in the UK or under equivalent protection. Security and data

Often taken alongside a loan, not in place of one.

Is this for you

Established UK limited companies with at least £360,000 a year through the business bank account, at least one filed set of accounts, and uneven cash flow rather than a single capital requirement.

Who we work with

Send six months of statements and you will know where you stand, usually the same day.

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