Principal Business Finance
Business Revolving Credit Facilities
Access an agreed funding limit when your business needs it.
The essentials
Business Revolving Credit Facilities explained
A revolving credit facility provides a credit limit that can be drawn from as needed. Repaid borrowing can generally become available again, subject to the provider’s agreement.
Draw what you need
Use part of the available limit rather than borrowing the whole facility upfront.
Reusable borrowing
Access available credit again as funds are repaid, subject to the terms.
Respond to changing costs
Support seasonal expenditure, stock orders and cashflow gaps.
Revolving credit or a business loan?
A business loan usually provides a fixed sum upfront with repayments over a set period. Revolving credit instead offers a limit for ongoing or changing requirements.
For example, drawing £30,000 from a £100,000 facility leaves £70,000 of the limit undrawn, before any fees or changes to availability. The provider’s terms govern future access.
Interest, facility fees, review conditions and repayment requirements vary between providers. The lender assesses turnover, trading history, performance, credit circumstances and affordability.
Why Principal Business Finance?
Practical support from your first conversation through to completion.
A wide provider panel
We explore relevant commercial finance providers around your requirement.
Personal communication
A member of our team supports your enquiry and keeps you informed.
Support through completion
We coordinate the application and information needed as your enquiry progresses.
Customer experiences
What Our Customers Say
Explore related options
Business Loans
Cashback Business Credit Cards
Invoice Finance
Your next step
Let’s talk about your requirements.
Share your plans and our team will explore the funding options with you.
Finance is subject to the provider’s assessment and approval. Rates, fees, terms and security requirements vary. Principal Business Finance Limited is a credit broker, not a lender.