Revolving Credit Facility (from Credit4)
- Borrow from £15k to £50k for terms of 3 to 12 months
- Interest paid fortnightly, with the outstanding principal payable in one lump sum at the end of the term
- During the term (subject to minimum amounts) you can repay and redraw
- No maximum number of drawings or repayments
Credit4 is a provider of guarantee-backed, flexible lending facilities of between £15,000 and £100,000, for growing UK SMEs.
Whether your business requires short term funding for new growth, current business expansion or if your business has an opportunity but is constrained by access to funding, Credit4 could help.
Credit4 understand that all businesses are different, and that SMEs are vital to the UK economy and should not be constrained by lack of the right type of financing.
Credit4 aim to provide growing SMEs with the financing to unlock their potential.
Credit4 believe in transparency, honesty and getting to know the businesses that they finance.
Revolving Credit Facility Requirements
- 1 month's bank statements
- Last year's accounts
- 12 month cashflow forecast
- Personal guarantee from all directors
Apply for Revolving Credit Facility