What is a Revolving Credit Facility?

Описание: Revolving credit facilities are becoming increasingly popular for UK Businesses. It works like an outsourced overdraft, you have a set credit line available and you dip in and out of it when you need a cash injection. You only pay interest on the funds in use.

Unlike Invoice Finance, you don't need to give a personal guarantee and there is no requirement to upload invoices.

In this video we'll explain how revolving credit facilities work, who tends to use them and key things to consider.

At The Best Finance Group, we have lots of experience of helping our clients decide which finacial products are right for them. We would be delighted to answer any questions, please feel free to call us on 02921 900000 or visit www.thebestgroup.co.uk

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