A business line of credit is the financial safety net every business deserves. Access funds instantly, pay interest only on what you use, and watch your available credit replenish as you repay.
£25K-£1M · Revolving (12-24 month facility) · soft search only
A business line of credit, often called a revolving credit facility, is the most flexible funding tool available to any business owner. Unlike a term loan where you receive a lump sum and start paying interest on the full amount immediately, a credit line gives you access to a pool of capital that you draw from only when needed. You pay interest exclusively on the amount you have actually used, and as you repay, your available credit replenishes, creating a revolving funding source that is always available.
Granton Hale Capital arranges business lines of credit from £25K to £1M, designed for companies that need ongoing access to capital for variable expenses, unexpected costs, or short-term opportunities. This product is especially powerful for businesses with unpredictable capital needs, you might draw £50K one month for a large stock order, nothing the next month, and £20K the month after for a quick equipment repair. You only pay for what you use.
Our credit lines are approved within hours, not weeks. Once your facility is established, you can draw funds instantly, typically arriving in your business bank account the same working day. For businesses that have graduated beyond one-off funding and need a permanent capital facility, a line of credit is the natural next step.
Amount £25K-£1M · Term Revolving (12-24 month facility)
A £500K facility costs nothing when you are not drawing on it. If you use £100K for 30 days, you only pay interest on that £100K for 30 days. This makes a credit line dramatically more cost-effective than a term loan for variable needs.
As you repay drawn amounts, your available credit replenishes automatically. A £500K facility used wisely can support millions of pounds in total transactions over its lifetime.
Once established, you can draw funds within hours, no re-application, no new underwriting. When a supplier offers a clearance deal or an emergency expense hits, you are covered immediately.
Having an established facility means you are prepared for the unexpected, equipment breakdowns, slow-paying clients, weather events, or sudden opportunities. Peace of mind has real business value.
A £300K term loan charges interest on the full amount from day one, even if you only need £50K this month. Businesses with variable capital needs waste thousands in interest on funds sitting idle in their account.
Without a credit line, every capital need means a new application, new underwriting, new waiting period. For businesses that need funding 3-4 times a year, this repetitive process is exhausting and inefficient.
A delivery van breaks down. A key employee needs emergency training. A pipe bursts at your warehouse. Without a credit line, you are scrambling for expensive emergency funding or dipping into reserves that should fund growth.
B2B businesses operating on 30-day, 60-day, or 90-day payment terms often wait weeks for invoices to be paid while expenses continue daily. A credit line bridges this gap seamlessly without the cost or complexity of invoice finance.
A recruitment agency draws £120K from their facility to cover contractor payroll while waiting for a blue-chip client's 60-day payment of £185K. Once the invoice is paid, they repay the draw and the credit replenishes.
A garden supply retailer draws £200K in February to build up spring stock, then repays through May and June sales. In October, they draw £80K for Christmas stock. Total interest paid covers only the months each draw was outstanding.
A bakery's commercial oven fails on a Tuesday morning with £15K in weekend orders due. They draw £25K from their facility, have a replacement oven installed by Thursday, and repay over the following 6 weeks from revenue.
A building materials distributor learns a supplier is liquidating stock at 40% below market. They draw £350K from their facility, purchase the stock, and sell it within 45 days at full margin, repaying the draw with profit to spare.
A digital marketing agency hires 5 new employees to service a large contract. Revenue from the contract starts in month 2, but payroll starts immediately. They draw £90K to cover the gap, repaying as invoices from the new client are collected.
A profitable business faces a £150K Corporation Tax bill in Q4 but wants to preserve cash for Christmas stock. They draw against their facility for the tax payment and repay over 90 days from Q4 revenue.
A business line of credit typically offers much higher limits (£25K-£1M vs. £5K-£50K), lower interest rates (8-24% vs. 18-29% APR), and direct bank transfers rather than card-based purchases. Credit cards are great for small daily expenses; a credit line is designed for larger, more strategic capital needs like stock, payroll, and significant purchases.
Some programmes include a small annual or monthly maintenance fee (£50-£200 a month) that applies whether or not you draw funds. Others have zero fees until you make a draw. We will clearly set out any maintenance fees before you accept, there are never hidden charges.
Once your line of credit is approved and set up, draws typically land in your business bank account the same working day if requested before noon, or the next working day for afternoon requests. There is no re-application or re-underwriting for individual draws, it is your credit to use as needed.
Most business lines of credit are established for a 12 or 24-month facility period. At the end of the term, we review your account for renewal. Businesses with clean repayment histories are typically renewed at the same or improved terms. Many clients maintain their facility year after year as a permanent component of their financial toolkit.
Yes. After 6 months of active and responsible use, you can request a limit increase. We review your recent revenue, repayment history, and current business performance. Many clients start with a £100K facility and grow it to £500K+ over 18-24 months as they demonstrate strong repayment behaviour.
For facilities up to £250K, most programmes require only a debenture over the business and a personal guarantee, no specific security such as property or equipment. Larger facilities (£250K-£1M) may require additional documentation and security depending on your business profile.
30-second application. No hard search. Decisions in as little as 3 hours.