Revolving credit
A flexible credit line only pay for what you use
A revolving credit facility gives you on-demand access to working capital. Draw down when you need it, repay when cash comes in, and only pay interest on what you use.
Facility
Northgate Trading Ltd
Facility
£250,000
Draw, repay and re-draw as you need
Currently drawn
£105k
Available
£145k
Recent activity
Stock purchase
14 May • drawdown
Customer receipts
8 May • repayment
Payroll funding
2 May • drawdown
- interest this month
- £612
- days drawn
- 18
- effective rate
- 9.8%
- Facility size Bespoke to your business needs
- £25k-£2m
- Drawdown speed Funds in your account in hours
- Same day
- If unused No interest on the undrawn balance, beyond any commitment fee
- 0%
- Typical agreement Renewable annually
- 12mo
How it works
Funding that breathes
with your business
Set up your facility once, then draw and repay as your business needs. You only pay interest on what's actually drawn.
We agree the facility limit
Based on your trading history and projections, we negotiate a credit limit with the lender that fits your peak needs.
Draw down on demand
Whenever you need cash, for payroll, stock or an opportunity, log in, request a drawdown, funds usually arrive same day.
Pay interest only on what's drawn
Daily interest accrues on the outstanding balance. The undrawn portion costs nothing. Some lenders charge a small commitment fee.
Repay and re-draw
As cash comes in, repay early without penalty. The credit refills automatically and you can draw again whenever you need it.
- Draw down on demand
- Request funds when you need them and they usually land the same day.
- Repay and re-draw
- Repay early without penalty. The credit refills and is there again next time.
- Interest only on what's drawn
- Daily interest on the outstanding balance. The undrawn portion costs nothing beyond any commitment fee.
- A limit that fits
- We negotiate the limit around your peak working capital need, not a standard product tier.
Interest on undrawn funds
You only pay for what you use
£0
When to use it
Made for businesses with
uneven cash flow
Revolving credit suits any business where cash flow ebbs and flows. Here's when it earns its keep.
Seasonal businesses
Build stock or staff up ahead of peak season, repay when the busy period delivers cash.
Bridging customer payments
Smooth the gap between paying suppliers and getting paid by your customers, without paying for credit you don't need.
Growth opportunities
React fast to a one-off order, contract win or supplier discount, without the lead time of a new loan application.
Backup safety net
Put a facility in place before you need it. Quiet months cost almost nothing, and the buffer is there if something unexpected hits.
Replacing an overdraft
Often cheaper than a bank overdraft, with higher limits, and committed for the facility term rather than repayable on demand.
Tax & VAT payments
Smooth quarterly VAT and corporation tax without raiding working capital. Repay across the rest of the quarter.
What it costs
Transparent.
Pay for what you use.
Interest accrues daily on the drawn balance. The moment you repay, your interest cost falls. No early-repayment penalties.
£100,000
Of a £250,000 facility
Monthly interest
£820
At ~9.8% annualised
Annual cost (drawn)
£9,840
Only if drawn all year
Illustrative only. Actual rates depend on lender, facility size, credit profile and security.
Pay nothing on what you don't use.
A £250,000 facility with an average £100,000 drawn across the year costs £9,840 in interest. The £150,000 you didn't draw costs nothing beyond any agreed commitment fee.
Why choose SBF
Independent advice.
Better outcomes.
RCF pricing varies more than any other product. We compare lenders across the market and negotiate the limit, margin and fees.
Whole-of-market access
From mainstream banks to challenger lenders. We aren't tied to any one provider, so we approach those most likely to say yes.
Negotiated terms
Limits, margins, commitment fees and covenants are all negotiable. Our direct lender relationships mean we get better terms.
Live in weeks, not months
From first conversation to facility live, most RCFs complete in 3-5 weeks. We handle the lender process end to end.
Ongoing support
We stay with you through renewals, limit reviews and any restructuring. RCFs evolve. We make sure yours keeps pace.
Who can apply
Eligibility
Revolving credit suits established businesses with a reasonable trading history and predictable cash inflows.
Trading 18+ months
Most RCF lenders want to see at least 18 months of trading.
Turnover £250k+
Smaller facilities available from £100k turnover with strong margins.
Profitable or at break-even
Recent trading should support the proposed limit.
UK registered business
Ltd company, LLP, partnership or sole trader.
Most sectors considered
B2B and B2C both considered, though lender appetite varies.
Unlock your cash flow
Tell us about your business and we'll come back with tailored options, usually within one working day.
What our clients say
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