Flexible business funding you can draw when the business needs it.
Compare revolving business line-of-credit options for recurring working-capital needs, seasonal gaps, stock, suppliers and unexpected expenses.
- Useful where the funding need repeats rather than happens once
- Compare limits, draw fees, line fees, repayment rules and security
- Ask for a limit that matches the working-capital cycle
A facility, not a one-off lump sum.
The benefit is access and re-use. The cost depends on the lender's drawn-balance interest, line fees, draw fees and repayment mechanics.
Use part of the approved limit rather than taking the full amount upfront.
Many facilities replenish as principal is repaid, subject to lender terms.
Useful for recurring gaps such as stock, payroll, supplier and seasonal cycles.
Line of credit versus term loan versus overdraft.
The right structure depends on whether the need is recurring and how quickly cash comes back.
| Structure | Best suited to | Watch for |
|---|---|---|
| Line of credit | Recurring or unpredictable working-capital needs | Line fees, draw fees, review conditions and repayment rules. |
| Term loan | Defined one-off purpose with a known repayment horizon | Interest on the whole balance from settlement. |
| Overdraft | Transactional working-capital linked to banking relationship | Bank covenants, reviews, security and availability. |
Common questions
Do I only pay interest on what I use?
Many business line-of-credit products calculate interest on the drawn balance, but fees and structures vary by lender. Compare the full cost, not just the interest calculation.
Can I get a line of credit without property security?
Some lenders offer unsecured or non-property-secured facilities, subject to limits, trading history, conduct and credit assessment.
Is a line of credit better than a business loan?
Not automatically. A line suits recurring access; a term loan can be cleaner for a defined one-off purpose.
Ready to check the finance options?
Start with the amount, purpose and business profile.