Revolving Credit Facilities and Business Lines of Credit

Flexible funding solutions for UK businesses – smarter alternatives to traditional overdrafts.

At Tor Business Finance, we provide modern, flexible credit options designed to support your business’s cash flow and working capital needs. Whether you're an SME, a growing company, or an established business looking for more control over your finances, our credit solutions offer a practical and cost-effective alternative to a traditional bank overdraft.

What is a Revolving Credit Facility?

A revolving credit facility is a flexible funding solution that gives your business access to a pre-approved credit limit, typically over a 24 month renewable term. You can draw down funds as needed, repay them, and redraw, all within your agreed credit limit. Interest is only charged on the amount borrowed, and only for the period it is used.

This type of facility is ideal for businesses that experience fluctuating cash flow or need quick access to working capital.

Key benefits:

  • Flexible access to capital

  • Interest only on the funds used

  • Renewable facility, typically over 2 years

  • Ideal for managing ongoing cash flow

What is a Business Line of Credit?

A business line of credit provides a set amount of funding available for a fixed term. Unlike a revolving facility, once funds are repaid, they cannot be redrawn. However, lines of credit can usually be renewed at the end of the term, subject to your business’s financial performance.

This is a great solution for short-term funding needs, stock purchases, or bridging finance gaps.

Key benefits:

  • Fixed-term access to funds

  • Defined credit limit

  • Can be renewed subject to performance

  • Useful for project finance or seasonal needs

Why Choose Tor Business Finance?

We specialise in providing tailored finance solutions to UK businesses. Our working capital finance options are fast, flexible, and designed around your business goals. Not a one size fits all model.

Whether you need to:

  • Improve cash flow

  • Manage working capital

  • Buy inventory or stock

  • Cover short-term expenses

…a revolving credit facility or line of credit from Tor Business Finance can provide the flexible funding you need.

Ready to unlock flexible funding?
Get in touch today to discuss the right credit facility for your business.

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Frequently Asked Questions – Revolving Credit Facilities & Business Lines of Credit

  • A revolving credit facility is a flexible form of business financing that allows companies to borrow up to a pre-approved credit limit. Businesses can access funds, repay them, and redraw the amount within the agreed credit limit as needed, offering flexibility in managing cash flow.

  • A business line of credit provides a fixed amount of funding that can be drawn upon as needed for a specific term. Unlike a revolving credit facility, once the borrowed funds are repaid, they cannot be redrawn. However, it may be renewed based on your business’s financial performance.

  • The key difference is that a revolving credit facility allows businesses to borrow, repay, and redraw funds within the approved limit over a renewable period, while a business line of credit offers fixed term access to funds without the option to reuse the repaid amount.

  • Revolving credit facilities offer flexibility, as you only pay interest on the amount used. It allows businesses to access funds when needed, helping to manage cash flow, cover ongoing expenses, and address working capital needs, typically on a renewable basis.

  • A business line of credit is ideal for businesses with specific, short term funding needs, such as purchasing inventory, covering seasonal expenses, or bridging gaps in cash flow. It provides a set amount of funding for a fixed term.

  • A business line of credit is generally designed for short term funding needs, so it is not recommended for long term expenses. For long term financing, other options like loans may be more suitable.

  • A revolving credit facility is perfect for businesses with fluctuating cash flow. You can access funds when required, and only pay interest on the amount borrowed, helping to keep costs down and providing flexibility to manage working capital effectively.

  • At Tor Business Finance, we understand that every business is unique. While your credit score plays a role, we offer tailored solutions that may still work for your business, even if your credit history isn't perfect. Our team works with you to find the right funding option.

  • Interest rates can vary depending on your business’s financial situation and the type of facility you choose. At Tor Business Finance, we offer competitive rates tailored to your needs, ensuring you get a cost-effective solution for your business.

  • Applying for a revolving credit facility or business line of credit with Tor Business Finance is easy. Simply contact us for a consultation, and we will guide you through the process, helping you choose the right solution based on your business’s needs and financial goals.

  • Yes, a business line of credit can typically be renewed at the end of the term, depending on your business's financial performance and the lender’s policies. Tor Business Finance works with businesses to evaluate renewal options based on their ongoing financial health.

  • At Tor Business Finance, we specialise in providing flexible, tailored finance solutions that are designed around your business’s unique needs. Our approach ensures that you get the right financial support for your cash flow, working capital, and growth needs without the rigidity of traditional overdrafts.