Details.
Draw down funds when required and only pay interest on the amount used. Facilities can be used for business purposes including growing the business, purchasing stock, paying suppliers, marketing, funding a new contract and managing cash flow. Options include unsecured facilities, with no collateral or personal guarantee required, and facilities backed by property or debtors. Available to UK limited companies trading for 12 or more months with revenue of £20,000 or more per month. Credit facilities are available up to £2 million, with no stated end date. No early repayment penalties.