Revolving Line of Credit UK

A business line of credit in the UK provides flexible, revolving access to funds. Unlike a traditional loan, you can draw down funds when needed and only pay interest on the amount used.

This makes it ideal for managing cash flow fluctuations and unexpected expenses.

How a Business Line of Credit Works

How It Works

You are approved for a credit limit. You can:

  • Withdraw funds when needed
  • Repay partially or in full
  • Reuse available credit once repaid

Interest is charged only on the drawn balance.

Key Features
  • Revolving funding facility
  • Flexible drawdowns
  • Only pay interest on funds used
  • Credit limits typically £10,000 to £500,000+
  • Suitable for ongoing working capital needs
Ideal For
  • Seasonal businesses
  • Managing supplier payments
  • Covering payroll
  • Handling short-term gaps
  • Opportunistic purchases
Benefits
  • Ongoing access to funding
  • Greater flexibility than term loans
  • Improved cash flow control
  • Fast access once approved
Why Use Lend-In?
  • Compare multiple line of credit providers
  • Soft searches available
  • Whole-market comparison
  • Tailored matching
  • Transparent process
Check Your Funding Options

Frequently Asked Questions

Is a line of credit better than a loan?
It depends on your needs. If you require ongoing flexibility, a line of credit can be more suitable.
Typically, interest is charged only on drawn funds, though some facilities may include arrangement fees.