A revolving credit facility lets a business draw, repay and draw again within an agreed limit. It can help manage uneven receipts when there is a clear plan to replenish the facility.
How it works
Access is available for an agreed period and subject to the lender’s conditions. Interest usually relates to amounts drawn, but arrangement, renewal, drawdown or unused-limit fees can also apply. The lender may review the limit and require regular financial information.
What to consider
- Check minimum repayments, review dates, notice periods and when the full balance becomes due.
- Model the cost of using most of the limit, not only the introductory illustration.
- Understand any personal guarantee, security and restrictions on further borrowing.
- Repeatedly reaching the limit may signal a longer-term cash-flow problem.
What to prepare
A month-by-month cash forecast showing the peaks and troughs, bank statements, debtor and creditor lists, and existing facilities. Explain when receipts should reduce the balance.
Seasonal stock purchases are one possible use: draw before a busy period and repay from sales. Permanent expansion spending may need a different repayment structure.
How Greystone can help
We can help you understand the figures and consider the effect on your business and the family behind it. Where detailed forecasts, calculations or application support are needed, we will agree the scope and any fee with you first.
Explore your next step
Start an enquiry with Swoop, or contact Greystone for a free initial conversation.
The portal opens on Swoop’s website. Swoop can confirm available products and the appropriate specialist route. An enquiry is not a funding offer.
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Prepared by Greystone Advisory using Swoop product information; reviewed October 2026. General information, not a personal recommendation. Greystone is not a lender. Funding is subject to eligibility, assessment and terms. We may receive commission from Swoop following completed funding. Specialist legal, tax or regulated advice may be needed for your circumstances.
