Revolving Credit Facility

A Revolving Credit Facility is the flexible financing solution for medium to large-sized businesses to manage their cash flow.

We offer the following:

A cost-effective replacement for bank overdrafts and term loans
Secured on the trade debtor book only
No floating charges or long-term commitments (the minimum period is 3 months)

You get a pre-approved line of credit, providing the ability to withdraw money, repay it, and then withdraw again, up to the pre-approved limit. This is a far more adaptable option than traditional business loans, offering a range of benefits to help businesses manage their cash flow more effectively.

Whether you have unexpected expenses, need immediate cashflow for expansion or you need to empower your team to make purchases. A Revolving Credit Facility will give your business the flexibility it demands, fast.

Discover how your business can benefit from one of our most sought after facilities.

What is a Revolving Credit Finance Facility (RCF)?

A Revolving Credit Finance Facility is designed for medium to large companies that require a flexible funding solution.
With an RCF, you have a pre-approved line of credit that you can draw on as needed, similar to a credit card, allowing you to manage your cash flow more effectively.

Advantages of a Revolving Credit Finance Facility

The main advantage of RCFs is their flexibility, providing a cost-effective funding solution without the need for long-term commitments.

An RCF does not require businesses to apply for funding each time they need it, allowing them to quickly access capital when needed.

Interest Rates on Revolving Credit Finance Facilities

When funds are withdrawn from an Revolving Credit Finance Facility the agreed interest rate of the facility will be payable. The terms of the Revolving Credit Finance Facility can vary, and our team at ELS will guide you through the available options to ensure you find the right financing solution for your business.

Revolving Credit Finance Facility vs. Term Loan

Unlike a term loan, where an approved amount of money is repaid on an agreed schedule, an RCF is an approved maximum borrowing amount that allows businesses to borrow, repay, and then borrow again as often as they like up to the maximum limit.

Key Features of Revolving Credit Finance Facility

Some of the key features of arranging a Revolving Credit Facility through ELS include:

No requirement for Director’s Personal Guarantees
Low-interest rates
Quick access to capital as a standalone product or to replace existing invoice finance facilities
A cost-effective replacement for bank overdrafts and term loans
Secured on the trade debtor book only
No floating charges or long-term commitments (minimum period is 3 months)

Frequently Asked Questions:

Does my business qualify for a revolving credit facility?

You must have:

A turnover of at least £1M in the last 12 months
Be a UK Ltd or PLC
Been trading for a minimum of 3 years

My business doesn’t qualify for a revolving credit facility. What can I do?

If your business does not qualify for a Revolving Credit Finance Facility, our team at ELS can help you explore other finance options that may suit your needs.

We offer a range of bespoke finance products to help businesses grow and succeed. From equipment leasing to VAT loans, we can help. Take a look at some of our available finance products here and our sister company BFLS offers even more options such as Sharia Finance.

How do I apply for a Revolving Credit Finance Facility?

If you’re interested in finding out more about how a Revolving Credit Finance Facility can help your business, give us a call at 0116 389 3839, email us at info@els.lease, or complete our contact form below.

Our team of experts is here to help you find the right financing solution to meet your business needs.