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Revolving credit facility

A revolving credit facility gives your business an agreed limit, from £10,000 to £1 million, that you draw from as needed. You pay only on what you use, and repaid funds become available again.

Credit that's ready before you need it

Apply for revolving credit facilitySpeak to our team
Check your eligibilityStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your finance manager.

£10K£1M
How long have you been trading?
What's your average monthly turnover?

Total money coming into your business account in a typical month.

What type of business is it?
Where should we reach you?

We'll use this only for your application.

Revolving credit facility at a glance
Amount£10,000 – £1,000,000 limit
TermRolling facility, reviewed periodically
SpeedDecision within 24 hours; draw funds once the facility is live
PaymentsMonthly, based on the balance drawn
Best forCash-flow gaps, VAT bills, seasonal stock and unexpected costs

What businesses use it for

  • Pay a VAT or corporation tax bill without draining reserves
  • Buy stock ahead of Christmas or summer trade
  • Cover payroll while waiting on customer payments
  • Take a supplier's early-payment discount
  • Handle an urgent repair or replacement

How does a revolving credit facility work?

  1. 1

    Apply once online. We review turnover, cash flow and trading history, using Open Banking data alongside your credit file.

  2. 2

    Your finance team agrees a facility limit and explains the cost of drawing, in pounds, before anything is signed.

  3. 3

    Draw any amount up to your limit whenever you need it. Funds are sent to your business bank account.

  4. 4

    Repay monthly on what you've drawn. As you repay, that credit becomes available to use again without a new application.

Why choose Rook Bristol for a revolving credit facility?

Pay only for what you use

Interest is charged on the balance drawn, not on the full limit, so an unused facility sits in reserve at little or no cost.

Apply once, use repeatedly

No fresh application every time a supplier invoice or tax bill lands. The limit is there when you need it.

Built for uneven cash flow

Cover the gap between paying out and getting paid, then clear the balance when takings recover.

Room to grow

As your trading and repayment record builds, your team can review the limit with you.

Revolving credit facility by industry

Related funding

Revolving credit facility questions

Something else on your mind? Ask the team.

What is a revolving credit facility?
It is a flexible credit limit your business can draw from, repay and draw from again. Think of it as a business overdraft that sits outside your bank: you pay only on the balance you use.
How is it different from a business loan?
A business loan pays out one lump sum with a fixed repayment schedule, which suits a known, one-off cost. A revolving facility is reusable and suits recurring or unpredictable needs such as VAT quarters, seasonal stock and cash-flow gaps.
What does it cost?
Cost depends on your turnover, trading history, credit profile and the limit agreed. You'll see how charges work, in pounds, before you sign, and you pay only on funds you draw.
Is it secured?
The facility isn't secured against property or specific assets. As with most UK business lending, directors are usually asked to provide a personal guarantee.
Can my limit increase?
Yes. Your finance team reviews the facility periodically. Consistent trading and on-time repayments can support a higher limit, subject to status.
Who can apply?
UK-registered limited companies, LLPs, partnerships and sole traders with at least 6 months of trading and £10,000 or more in monthly turnover.

Ready to see your revolving credit facility offer?

Businesses, brokers and introducers: check eligibility in about three minutes, or talk to our team about working together.

Apply nowContact our team