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You only pay interest on what you use, and once repaid, the funds become available again.\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"\\n\",\"marks\":[],\"data\":{}}]}]}"}},{"id":"541c95bf-7cab-5b01-ab4e-13aa83aaf6e3","label":"How does a revolving credit facility work?","content":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"ordered-list\",\"data\":{},\"content\":[{\"nodeType\":\"list-item\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Get approved for a credit limit (for example, £50,000).\",\"marks\":[],\"data\":{}}]}]},{\"nodeType\":\"list-item\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Draw funds as needed—say £20,000 for VAT or payroll.\",\"marks\":[],\"data\":{}}]}]},{\"nodeType\":\"list-item\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Pay interest only on what you use.\",\"marks\":[],\"data\":{}}]}]},{\"nodeType\":\"list-item\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Repay, and the full limit becomes available again.\",\"marks\":[],\"data\":{}}]}]}]},{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"This flexibility makes it similar to a \",\"marks\":[],\"data\":{}},{\"nodeType\":\"hyperlink\",\"data\":{\"uri\":\"https://www.fundingoptions.com/knowledge/business-credit-cards/\"},\"content\":[{\"nodeType\":\"text\",\"value\":\"business credit card\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"text\",\"value\":\", but with higher limits and potentially lower rates.\",\"marks\":[],\"data\":{}}]}]}"}}],"expandedAccordionItems":[{"id":"ddea957f-ea2b-5130-aa07-5ce6d6d39e31"},{"id":"aa9b49b8-90b5-5206-afce-c5fd0761dda0"},{"id":"1422d6a8-6a08-5eae-a35c-aeabfb4591b4"}]},"sys":{"contentType":{"sys":{"id":"templatesV2SectionAccordionAndForm"}}}},{"id":"e8176015-2833-5351-a03b-e11720032342","sys":{"contentType":{"sys":{"id":"templatesV2SectionListOfExpandedItems"}}},"title":"What can I use a revolving credit facility for?","items":[{"icon":"Wallet","title":"Covering seasonal dips in revenue","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Use credit to manage cash flow during quieter periods without cutting back on staff or marketing.\",\"marks\":[],\"data\":{}}]}]}"}},{"icon":"Banking institution","title":"Bridging invoice gaps","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Access funds while waiting on client payments to keep suppliers and operations running smoothly.\",\"marks\":[],\"data\":{}}]}]}"}},{"icon":"Plant vase","title":"Paying unexpected tax bills","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Spread the cost of surprise VAT or corporation tax bills without long-term borrowing.\",\"marks\":[],\"data\":{}}]}]}"}},{"icon":"Money bill","title":"Financing marketing campaigns","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Fund growth initiatives like product launches or promotions without draining cash 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facility","descriptionCards":[{"title":"Credit score","icon":"Hand holding bag of money","description":{"raw":"{\"data\":{},\"content\":[{\"data\":{},\"content\":[{\"data\":{},\"marks\":[],\"value\":\"Always make your repayments on time and in full to ensure your line of credit has a positive, rather than negative, impact on your credit score.\",\"nodeType\":\"text\"}],\"nodeType\":\"paragraph\"}],\"nodeType\":\"document\"}"}},{"title":"Careful borrowing","icon":"Lock","description":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"Only borrow what you can afford. 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This will ensure you’re not surprised by any unexpected payments.\",\"marks\":[],\"data\":{}}]}]}"}}],"sys":{"contentType":{"sys":{"id":"templatesV2SectionFinancialProductInfo"}}}},{"title":"Estimate your costs today","description":"If you're ready to take your business to the next level, use our business loans calculator to get an idea of what you can afford.","calculatorType":"Business loans","sys":{"contentType":{"sys":{"id":"templatesV2SectionCalculator"}}}},{"sys":{"contentType":{"sys":{"id":"templatesV2SectionAccordion"}}},"title":"Is it right for your business?","accordion":{"accordionItem":[{"id":"5e177d7d-11bd-5ae4-adbf-e69b17105f8d","label":"Revolving credit facilities are typically best for:","content":{"raw":"{\"nodeType\":\"document\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"\",\"marks\":[],\"data\":{}}]},{\"nodeType\":\"unordered-list\",\"data\":{},\"content\":[{\"nodeType\":\"list-item\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"UK-registered businesses trading for 12+ months\",\"marks\":[],\"data\":{}}]}]},{\"nodeType\":\"list-item\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"c\",\"marks\":[],\"data\":{}},{\"nodeType\":\"text\",\"value\":\"ompanies with fluctuating working capital needs\",\"marks\":[],\"data\":{}}]}]},{\"nodeType\":\"list-item\",\"data\":{},\"content\":[{\"nodeType\":\"paragraph\",\"data\":{},\"content\":[{\"nodeType\":\"text\",\"value\":\"b\",\"marks\":[],\"data\":{}},{\"nodeType\":\"text\",\"value\":\"usinesses with a reliable track 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