Revolving Credit Loans for Marketing Agencies
Revolving Credit Loans offer marketing agencies a flexible financial solution, similar to a business credit card, tailored for business use. These loans provide access to funds that can be drawn upon, repaid, and drawn again as needed. This flexibility helps manage cash flow for campaigns and unexpected expenses, enhancing financial agility effectively.
- Quick and easy application process
- Loan disbursed within 24 hours
- No additional charges for early repayment
We Like To Keep Things Simple
to
£500K
zero hidden fees
What are the benefits of Revolving Credit Loans for Marketing agencies?
The primary benefit of revolving credit is its flexibility. You pay interest only on the amounts drawn, providing a financial safety net. Typical borrowing ranges from £5,000 to £500,000 with a quick decision time of 24-72 hours. Interest rates range from 6% to 18% APR based on credit history and market rates.
What are the different types of Revolving Credit Loans for Marketing agencies?
Business Line of Credit
A Business Line of Credit offers amounts ranging from £5,000 to £100,000, requiring established business status and a good credit score.
Overdraft Facility
An Overdraft Facility allows for amounts up to £50,000, available on-demand with an annual review, suitable for UK-registered businesses.
Invoice Financing Facility
Invoice Financing can provide up to £500,000 for businesses with B2B invoices and solid client bases.
What is a Revolving Credit Loan for Marketing Agencies?
Application and Approval Processes
Applying for revolving credit involves an online application where businesses submit financial documents for lender assessment. Processes are streamlined for efficiency, with initial decisions often reached within 24-72 hours and funds available within 48 hours of approval.
Regulatory Compliance
Revolving Credit Loans are regulated by the FCA in the UK, ensuring transparency and fairness. We maintain strict compliance to protect our clients, providing clear terms and conditions tailored to business needs.
Factors Affecting Borrowing and Rates
Borrowing capacity ranges from £5,000 to £500,000, influenced by credit scores, revenue, and market conditions. Interest rates, typically between 6% to 18%, are adjusted based on creditworthiness and current market rates. Additional fees such as setup and early repayment may apply, aligning with lender assessments and agreements.