Who’s the Revolving Credit Facility for?

It’s for Businesses and sole traders that are established in the UK forecasting growth in their business.

How does it work?

Most growing companies suffer growing pains. These can come in the form of finding sufficient funds to pay for stock and work in progress, or the costs of marketing a new product or service and occasionally a debtor who is a slow or non-payer.

All or any of these cause plans to be delayed.

The RCF works exactly in the same way as a traditional bank overdraft and allows growing companies to smooth out the peaks and troughs.

Interest is charged on a daily basis and there is no long-term commitment, so it provides complete flexibility for the borrower.

How much does it cost?

There are 2 costs to having a Revolving Credit Facility on hand.

The first, is a 3% one-off set up fee* – which means it will cost for example £150 to set up a £5,000 Revolving Credit Facility, or £300 to set up a £10,000 facility.

The second cost only happens when you ‘dip into’ the facility.

If you dip into £5,000 for just one day, it will only cost you £3.75

If you dip into £10,000 for one day, it will cost £7.50 per day you’re using the facility.

*The good news is, you don’t even have to pay the set up fee upfront, we will deduct that from your facility balance.

Our Revolving Credit Facility really is the flexible overdraft facility you’ve been looking for.

Business Accelerator

Who’s the Business Accelerator Loan for?

It’s for Businesses and sole traders that are established in the UK forecasting growth in their business.

A maximum “initial” term of 12 months with facilities available from £10K – £2M allowing you to budget your forecasts making bigger purchases such as plant or major assets easier to acquire.

This means you can concentrate on running your business and not how you finance it. We work with you supporting your funding challenges. And we lend our own funds.

Eases cashflow in early stages of business start-up and new contract work

Allows for purchase of stock and materials with an initial 90 day deferred payment / cost of funds

Allows for purchase of small plant and machinery with initial deferred payment / cost of funds

Flexible use of funds during term of loan

Ability to renew / extend / increase on request [subject to status]

Business Builder

Who’s the Business Builder Loan for?

It’s for Businesses and sole traders that are established in the UK forecasting growth in their business.

With facilities available from £10K – £500K it allows you to budget in your long term forecasts making bigger purchases such as plant or major assets easier to acquire.

How does it work?

Business Builder works exactly in the same way as a traditional bank loan allowing growing companies to smooth out the peaks and troughs.

Interest is charged on a monthly basis and with a commitment of 12 months, it provides complete flexibility for the borrower.

This means you can concentrate on running your business and not how you finance it. We work with you supporting your longer term funding challenges. And we lend our own funds.