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Revolving credit facility for construction & trades

A revolving credit facility gives your business an agreed limit, from £10,000 to £1 million, that you draw from as needed. Contractors use Rook Bristol revolving credit facility to buy or lease plant, vans and tools or fund materials for a new contract, with rolling facility, reviewed periodically and decision within 24 hours; draw funds once the facility is live.

Apply nowAbout revolving credit facility
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 for contractors
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

Common uses in construction & trades

  • Buy or lease plant, vans and tools
  • Fund materials for a new contract
  • Bridge staged valuations and retentions
  • Cover CIS deductions until they're reclaimed
  • Take on a larger project

Why contractors choose a revolving credit facility

You're paid in stages

Applications for payment and monthly valuations mean labour and materials are paid out well before money comes in.

Retentions tie up margin

Typically 3% to 5% of each valuation is held back until practical completion or beyond. Working capital covers what retentions lock away.

CIS deductions squeeze cash

Subcontractors see deductions taken at source under the Construction Industry Scheme, reclaimed only later. Revolving credit bridges the gap.

Plant and vans earn their keep

Excavators, telehandlers and vans can be spread over their working life with hire purchase or leasing.

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.

What do I need to qualify?

  • 6 months trading
  • £10K+ in monthly turnover
  • A UK-registered business
Check my options

Other funding for contractors

Questions, answered

Something else on your mind? Ask the team.

Can contractors qualify for a revolving credit facility?
Many can. We typically look for a UK-registered business, 6 months trading and £10K+ in monthly turnover. We review construction & trades businesses with the sector's cash-flow patterns in mind. All finance is subject to status.
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.
Can subcontractors get funding?
Yes. We fund subcontractors and specialist trades as well as main contractors, subject to our trading and turnover criteria.

Want to partner with us?

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

Apply nowContact our team