Business Lines of Credit

Flexible funding you can draw on when you need it and repay when it suits you.

Check indicative repayments

Check eligibility (soft search only)

Interest

On what you draw

Reuse

Repay and draw again

Best for

Uneven cash flow

Typical amounts

£25k to £1m

Estimate the cost

Move the sliders to see an illustration of what a business line of credit could cost. Choose a credit profile to start from a typical range, then adjust the rate to match a quote.

Credit limit (£)Planning horizon (months)

Annual interest rate (%)

GoodAveragePoor

19.0%

Estimated monthly interest

£1,583

Assuming full utilization: £100,000

Estimate only. Fees and drawdown behavior can affect total cost.

How it works

A line of credit works like a business overdraft with its own limit. You are approved for an amount, draw what you need, repay it, and the available balance comes back.

Because you only pay interest on what you have drawn, it can be a cheaper way to cover regular ups and downs than taking a fixed loan you only partly use.

Common uses

Smoothing seasonal peaks and troughs

Paying suppliers while waiting on customers

Covering payroll in a quiet month

Keeping a safety net for unexpected costs

Advantages

Interest only on the amount you draw

Repay early at any time and draw again later, in most cases

One facility covers many short-term needs

Sitting unused, it can act as a buffer without costing you interest

Things to check

Lenders can review, reduce or withdraw the limit

Some charge arrangement, renewal or non-utilisation fees

Easy access can make it tempting to rely on it long term

Variable rates can change what you pay

Questions about business lines of credit

How is a line of credit different from a loan?

Do I pay if I don’t use it?

Can I repay early?

What is a personal guarantee?

What is a debenture?

Tell us what you need

Share a few details and we will come back to you, usually the same working day. There is no obligation, and we only work with UK limited companies.

Speed: The more you tell us now, the faster we can match you with lenders.

A person, not a queue: You deal with the same person from first call to funding and beyond.

inquires@ironstonecf.co.uk

Tell us what you need

Share a few details and we will come back to you, usually the same working day. There is no obligation, and we only work with UK limited companies.

Speed: The more you tell us now, the faster we can match you with lenders.

A person, not a queue: You deal with the same person from first call to funding and beyond.

inquires@ironstonecf.co.uk