^Apply for £600K Line of Credit

The revolving credit line typically requires a business trading history of at least two years, over £100K in annual revenues, and a solid credit score. Available limits range from £10,000 to £1,000,000, with repayment terms of 12 to 36 months and rates from 6% to 20% APR. After a credit assessment and approval period of one to two weeks, funds can be accessed and redrawn as needed. This option suits sectors such as retail, manufacturing, and professional services.

A non-revolving credit line generally requires a year or more business operation with steady revenue and a fair credit record. Typical limits fall between £5,000 and £500,000, with loan terms from 6 to 24 months and interest rates of 5% to 18% APR. A credit evaluation is followed by contract agreement and drawdown, with decisions in one to three weeks. This suits sectors like wholesale, e-commerce, and hospitality where funding needs are predictable but variable.

Secured credit lines require collateral, steady cash flow, and strong credit history. Borrowing amounts range from £50,000 up to £1,500,000, with term options from 12 up to 60 months. Interest rates run from 4% to 15% APR depending on the collateral and business credit score. Assessment and approval may take 2 to 4 weeks. Useful for large-scale capital investment, expansion, and long-term working capital in sectors like agriculture, construction, and technology.