FINANCE OPTIONS

340k Revolving Credit Loans - Apply Now

Revolving credit loans offer businesses a flexible financing option, resembling a credit card. Businesses can withdraw, repay, and borrow again without reapplying, making it ideal for managing cash flow. This adaptive solution, as detailed here, supports various use cases including inventory purchases and bridging financial gaps.

Revolving Credit Loans

Secure up to £500,000 in Revolving Credit Loans with Funding Agent.

  • Quick and easy application process
  • Loan disbursed within 24 hours
  • No additional charges for early repayment
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What are the benefits of 340k Revolving Credit Loans?

The primary advantages of revolving credit loans include flexibility, quick fund access, and interest paid only on borrowed amounts. For a deeper dive into these benefits, visit our solution overview. Eligibility largely depends on your business’s financial health and credit profile.

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Flexible repayment options
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Improved cash flow management
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Access to emergency funds

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What are the different types of 340k Revolving Credit Loans?

Business Credit Lines

Business credit lines offer amounts from £10,000 to £500,000, with terms up to 36 months. They require a UK-registered business with at least 12 months of trading history, as discussed here.

Business Credit Lines

These credit lines have variable interest rates from 2% to 15% APR. Processing takes 2 to 7 business days, i.e., you can quickly respond to cash flow needs. This makes them particularly useful for retail businesses managing seasonal inventory purchases.

Overdraft Facilities

Overdraft facilities provide up to £100,000, renewed annually. This option is accessible to businesses with active bank accounts, as outlined here.

Overdraft Facilities

With interest rates from 3% to 10% above base rates, overdrafts meet day-to-day cash needs efficiently. Decision times are swift, between 1 to 5 business days, ideal for hospitality sectors addressing short-term cash deficits effectively.

Revolving Trade Credit

Revolving trade credit caters to SMEs with amounts ranging from £5,000 to £250,000 on a 30-90 days cycle. Ideal for those with a minimum six-month trade history, as detailed in our guide.

Revolving Trade Credit

Interest varies between 1.5% to 3% monthly, and decisions may take up to 10 business days. This credit is valuable for manufacturing sectors dealing in import/export transactions regularly.

What is a 340k Revolving Credit Loan?

Application Process

The revolving credit loan application involves financial statements, credit history, and perhaps personal guarantees. Decisions typically take 1 to 10 days. A deeper understanding can be found here.

Regulatory Compliance

Lenders must follow FCA guidelines, ensuring transparent terms. We ensure compliance, leveraging our expertise efficiently.

Borrowing Capacity and Rates

Loans offer £5,000 to £500,000, influenced by revenue and credit history. Interest rates span 2% to 15% APR. Explore competitive options with us.

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FAQ’S

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