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REVOLVING CREDIT FACILITY

Access instant capital with a revolving line of credit

A revolving credit facility (RCF) helps you manage your business's cash flow. Gain on-demand access to working capital so you can pay suppliers, cover payroll and seize opportunities without delay.

  • Borrow up to £1 million

  • Only pay interest on the money you draw, not the total credit limit

  • Money is replenished instantly upon repayment, creating a continuous and reusable line of credit

Apply now

Already a Tide member? You can apply for a business loan and other finance directly within the Tide app.

Tide has joined forces with Funding Options, becoming the largest credit marketplace in the UK. 

Providing over £1.1 billion in funding to more than 19,000 UK businesses, we’re on a mission to help business owners grow with confidence. 

How does a revolving credit facility work?

Set a credit limit

The lender will approve a maximum limit that your business can borrow against at any time.

Draw down money

Draw the exact amount you need directly into your business bank account.

Pay interest

Interest is charged only on the amount that you’ve drawn, not the total available credit line. Rates are typically between 1-3% per month.

Repay and replenish

When you repay the principal, the available credit line is replenished, so you can borrow again immediately.

Review and renew

The revolving credit facility is set for a term, after which it is typically reviewed and renewed so you have continuous access to capital.

Apply now

What can you use a revolving credit facility for?

Revolving facility credit is primarily used for working capital management and providing flexible financial support for a business's short-term needs.

Unlike a traditional business loan used for a specific major purchase, an RCF is ideal for ongoing, unpredictable expenses. Here are some of the most common uses.

Bridging cash flow gaps

Cover any delays between paying suppliers (accounts payable) and receiving payments from customers (accounts receivable).

Inventory and stock

Quickly purchase large volumes of stock and raw materials to meet demand or take advantage of supplier discounts.

Operational costs

Ensure timely payment of critical running expenses, such as payroll, rent, and utility bills.

Managing seasonality

Fund increased inventory and staffing needs during peak sales periods, repaying when seasonal revenue arrives.

Unexpected expenses

Act as an immediate financial buffer for emergency equipment repairs or unforeseen tax obligations.

New opportunities

Provide fast, on-demand capital to invest in sudden growth chances without a new loan application.

Are you eligible for a revolving credit facility?

To be eligible for any type of business loan or credit from Tide, you must:

  • Be over 18

  • Be a UK resident

  • Have a UK-based business

  • Have a UK bank account

What do you need to apply for a revolving credit facility?

  • Basic information about your business, such as how old it is, and your annual revenue 

  • Information on directors and shareholders

  • Bank statements covering the past year

Depending on your business and the finance you need, the criteria may differ.

Apply now

How to apply for a revolving credit facility

With access to over 80 lenders, Tide will find a lender tailored to your business - and the process is simple.

Access a range of business finance options from our trusted partners

What are the benefits of revolving credit?

Cost efficiency

Continuous, reusable capital

Cash flow control

Fast, convenient access

Aaron MoOng Ong Buns

With the help of Tide and their team of business finance experts, I was able to navigate the complexities of business finance, and secure the necessary funds to grow my business.

Alternatives to revolving credit facilities

Business loans

Business credit cards

Asset finance

Invoice finance