^220k Revolving Credit Loans - Apply Now

Traditional bank revolving credit requires a solid credit history and operational metrics to demonstrate profitability, usually available to SMEs with at least 2-3 years of trading history. Loan amounts range between £50,000 and £500,000 with terms of 12 to 36 months, renewable. It's commonly used for managing seasonal cash flow or purchasing inventory, particularly in retail sectors. More details can be found in our extensive guide.

Online lenders provide more relaxed entry criteria, requiring basic financial documents over an online application process. Amounts typically range between £10,000 and £250,000 with repayments over 6 to 24 months. This quick access to funds is perfect for short-term needs in tech start-ups. Further details on the process can be accessed through our online lending guide.

Asset-backed options leverage existing company assets such as real estate or equipment to secure credit, ranging from £100,000 to £1,000,000. Decision times vary between 1-2 weeks. These loans are great for manufacturers looking to upgrade machinery. Detailed information on asset-backed options is available in our in-depth resource.