FINANCE OPTIONS

^£1M Line of Credit - Apply Now

Q: What is the typical borrowing range for a £1M Line of Credit?

You can usually borrow between £10,000 and £1,000,000. The exact amount offered depends on your business's revenue, credit rating, and whether you can provide collateral.

Q: How quickly can I access funds once approved?

After approval, funds are typically released within 1 to 2 weeks. Timings depend on lender processes, collateral checks, and how quickly you provide the required information.

Q: What interest rates and fees should I expect?

Interest rates for a £1M Line of Credit usually range from 2.5% to 20% APR. The rate depends on your credit profile, whether the line is secured, and lender criteria. Additional fees such as arrangement or account maintenance charges may apply.

Q: Are there regulations for business lines of credit in the UK?

Yes, these facilities are regulated by the Financial Conduct Authority and must comply with anti-money laundering rules. Accurate business and financial disclosures are required as part of the application process.

A £1M Line of Credit is a flexible finance facility designed for UK businesses needing access to substantial funding when required. This option allows borrowing up to £1 million, with the flexibility to draw and repay funds as business needs change. Businesses commonly use this facility for cash flow management, seizing new opportunities, or managing seasonal fluctuations. A Line of Credit provides practical cash flow support, enabling businesses to improve liquidity and respond swiftly to changing financial demands without lengthy approval processes for each withdrawal.

Secure up to £1,000,000 in a Line of Credit with Funding Agent

Secure up to £1,000,000 in Secure up to £1,000,000 in a Line of Credit with Funding Agent with Funding Agent.

Fastest and easiest application process
Dedicated support
Loan disbursed within 24 hours
No additional charges for early repayment

Apply Now

Key ^Benefits of a £1M Line of Credit

Utilising a £1M Line of Credit offers several advantages over traditional loans. It is designed to give your business control over cash flow and greater adaptability. Businesses can access funds exactly when they need them, often improving operational efficiency. Rates and approval speeds vary based on your situation, making it a truly tailored finance solution for dynamic business requirements.

Flexible funding

Improves cash flow

Backup for emergencies

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of £1M Line of Credit

Revolving Line of Credit

This type enables repeat access to funds up to a set limit, suitable for ongoing cash flow management and operational expenses.

Revolving Line of Credit

A revolving line of credit lets businesses borrow, repay, and re-borrow up to £1 million over 12 to 36 months. Approval typically requires at least 1-2 years of trading history, demonstrable revenue, and good credit. Sectors like retail, manufacturing, and services benefit most, using the facility for payroll, stock, or bridging seasonal gaps. Interest rates generally range from 3% to 15% APR, with decisions in 2-4 weeks.

Secured Line of Credit

Secured options allow businesses to borrow higher amounts at better rates by providing assets as collateral.

Secured Line of Credit

By securing the credit line with property or equipment, businesses can access £50,000 to £1 million for 24 to 60 months, often at lower rates of 2.5% to 8% APR. This is ideal for capital-intensive projects or growth, with a decision process involving asset valuation and typical approval within 3-6 weeks. Commonly used in construction, agriculture, and manufacturing.

Unsecured Line of Credit

This option suits businesses with stronger credit but limited collateral, offering quick access to smaller amounts.

Unsecured Line of Credit

Unsecured facilities provide £10,000 to £500,000 for 6 to 24 months, aimed at SMEs with solid credit records and strong financial performance. Interest rates range from 6% to 20% APR due to the increased risk, but application and approval are faster, often taking just 1-2 weeks. Sectors such as tech startups and service firms find these particularly useful for short-term cash flow support.

Typical Funding Journeys on Funding Agent

Submit your funding request

Our platform enriches your application using business data

Your request is matched to suitable lenders

Receive offers and proceed with the best option

How to Apply for a £1M Line of Credit with Funding Agent

Submit Inquiry

Share your business details, financial needs, and documentation with Funding Agent using the online application form to start the process.

Receive Offers

Review personalised Line of Credit options from suitable lenders, based on your requirements and profile.

Finalize Agreement

Select the preferred lender, agree to terms, and access funds once you have been approved.

Get Funding For your business

Generate offers

Real Scenarios

Construction Company Needing Fast Working Capital

Situation

A construction firm had a short-term cash gap before a large invoice was paid and needed £85,000 to cover materials and payroll.

Challenge

Traditional bank applications were too slow; they needed a decision and funds within days.

Outcome

Funding Agent matched them with a lender; they received a working capital facility and bridged the gap until the invoice was paid.

Ecommerce Business Preparing for Peak Season

Situation

An online retailer needed around £120,000 to stock up ahead of Black Friday and the Christmas rush.

Challenge

They wanted flexible terms and a quick turnaround so stock could be ordered in time.

Outcome

Through Funding Agent they secured a facility, placed orders in time and managed peak demand without cash flow stress.

Marketing Agency Using Invoice Finance

Situation

A marketing agency had strong clients and reliable invoices but often waited 60–90 days for payment.

Challenge

They needed to unlock cash tied up in unpaid invoices to pay staff and take on new projects.

Outcome

Funding Agent connected them with an invoice finance provider; they now access funds against approved invoices and smooth out cash flow.

Property Developer Using Bridging Finance

Situation

A developer needed short-term finance to complete a purchase before selling an existing property.

Challenge

They required a fast decision and flexible terms to align with the sale timeline.

Outcome

Funding Agent matched them with a bridging lender; they completed the purchase and repaid the facility when the sale completed.

FAQ’S

What is the typical borrowing range for a £1M Line of Credit?

How quickly can I access funds once approved?

What interest rates and fees should I expect?

Are there regulations for business lines of credit in the UK?

DIVE DEEPER

June 24, 2025

We Like To Keep Things Simple

Match with

150+

Lenders

Loans from

£1000
to
£1m

Find all our resources

^£1M Line of Credit - Apply Now

Key ^Benefits of a £1M Line of Credit

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of £1M Line of Credit

Revolving Line of Credit

Revolving Line of Credit

Secured Line of Credit

Secured Line of Credit

Unsecured Line of Credit

Unsecured Line of Credit

Typical Funding Journeys on Funding Agent