Who is eligible for a revolving credit facility?

A revolving credit facility is suitable for businesses of all sizes that need flexible access to capital. It works as a reusable credit line, withdraw as needed, repay anytime, and pay interest only on what you use.

Are revolving credit facilities offered on a secured or unsecured basis?

They can be secured or unsecured, depending on the lender and your financial profile. Secured facilities may offer better rates, while unsecured ones may require a personal guarantee or strong trading history.

How do revolving credit facilities work for UK businesses?

Once approved, you get a pre-agreed credit limit to access as needed. Repay and reuse the facility without reapplying. It’s similar to a business credit card, but usually with higher limits and greater flexibility.

Can I still get a revolving credit facility with poor credit?

Yes, although it may be harder. Specialist UK lenders may offer facilities to businesses with low credit if revenue is consistent or if security can be provided.

Will using a revolving credit facility affect my credit rating?

Yes. Responsible usage can strengthen your business and personal credit scores. Missed payments or high utilisation can negatively impact them.

What’s the difference between a business overdraft and a revolving credit facility?

Overdrafts link to your business bank account and are easier to obtain, but limited. Revolving credit facilities offer standalone, higher-limit funding with flexible repayment terms and broader use cases.

Revolving credit facility for UK SMEs

Unlock flexible business funding with a revolving credit facility. Facing inconsistent cash flow or unexpected expenses? A revolving credit facility gives your business immediate access to working capital, whether you need to pay suppliers, manage payroll, or seize short-term growth opportunities.

Popular with SMEs across the UK, this flexible line of credit allows you to withdraw funds as needed, repay, and borrow again, much like a business credit card, but typically with more competitive interest rates and higher borrowing limits.

What is a revolving credit facility, and how does it work for SMEs?

A revolving credit facility provides businesses with ongoing access to funds up to a predetermined credit limit. It allows businesses to borrow, repay, and borrow again as needed, providing flexibility for managing cash flow, covering short-term expenses, and seizing opportunities without having to reapply for a new loan each time.

This credit line is pre-agreed up to a maximum limit, giving you the freedom to manage your working capital with more control. Interest is only charged on the amount you actually use, not the total facility.

Say your business secures a £50,000 revolving credit facility. You withdraw £20,000 to cover supplier invoices. You’re only charged interest on the £20,000 used. After repaying that amount, your full £50,000 credit line is once again available to use, no fresh application needed.

Couple applying for a revolving credit facility options at Prospera Funding.

Apply for a revolving credit facility

Why choose Prospera Funding for a revolving credit facility?

Full access to UK lenders

Access tailored business finance from £5,000 to £25M, with rates from 4.5%. Prospera Funding connects UK SMEs with both traditional and alternative lenders for flexible, fast business finance solutions.

Protecting your credit

We prioritise protecting your credit score by leveraging our lender network and industry expertise to assess your funding options without formal applications or credit checks.

Fast decisions

Our lenders offer faster funding than traditional bank loans, ideal for businesses needing quick access to working capital, cash flow, or growth. Decisions and funds in as little as 24 hours.

Transparent costs

You know your business best, and whether business finance makes sense to achieve your goals. At Prospera Funding, we simply present the best funding options, fully explain the costs, and let you decide. No risk, no commitment, and no broker fees.

Industry specialists

Our business finance specialists have expert knowledge and proven experience across multiple industries, ensuring tailored funding solutions aligned with your business goals.

Flexible options

Our lenders provide flexible loan terms, repayment options, and requirements, helping businesses find funding that aligns with their goals

Aftercare support

With expert finance specialists and a vast lender network, we deliver tailored business funding solutions and ongoing support, ensuring your company always has access to the most cost-effective finance options on the market.

Industry compliant

We work with FCA-regulated lenders and ensure full compliance with all industry rules and regulations.

Revolving Credit Facility Calculator, Estimate Your Monthly Repayments

Rate from 4.5%, loans between £5,000 to £25,000,000.

360 overview of the whole UK lending market, all types of legal businesses considered.

Fast decisions, funding from as quickly as 24 hours.

No cost, risk or commitment...and no credit searches.

How to apply for a revolving credit facility

We make business funding fast, simple, and tailored to you. Our advanced platform intelligently matches your business with the most relevant finance solutions from a wide panel of UK lenders. Whether you’re expanding, managing cash flow, or investing in growth, we’re here to help you access the funding you need, without the hassle.

Start your journey here

Women thinking about the process of applying for a revolving credit facility at Prospera Funding.

Get funded in 3 easy steps

1. Tell us about your revolving credit facility requirements

Let us know how much you’re looking to borrow, what it’s for, and a few key details about your business. No lengthy forms, just straightforward questions.