Sometimes known as a revolving cashflow facility or revolving credit facility. Corporate revolving credit facilities are typically used to provide liquidity for a company's day-to-day operations.
It is a finance arrangement which allows for the loan amount to be withdrawn, repaid, and redrawn again in any manner and any number of times, until the arrangement expires. This can be used in place of an overdraft facility. We work with a number of alternative finance companies on our ‘panel’ who offer this type of facility. To be considered for this type of facility you will typically need to have been trading for 3 months and not have any missed payments on any other credit facility in the last 12 months.
The panel of lenders we work with are always willing to support you with reasonable terms and often a decision within hours, and the finances available to you within hours of a positive decision.
If you would like more information or a free consultation on whether revolving credit is suitable for your business, please fill in the Contact form with “revolving cash” in the subject line or you can email or call us to discuss how we can help you find solutions to any issues you may have.