Revolving Credit Facility (RCF)

• Access funds flexibly up to an agreed limit during the life of the term facility
• Draw down and repay some or all your loan as often as you need within the agreed limit/term, without early repayment fees or reapplying for finance
• Can be used alongside a Term Loan to cater for your discretionary business spend
• Available in a range of currencies, potentially reducing the need for Foreign Exchange risk management
• Additional fees and borrowing costs will be applicable.

• Offers peace of mind knowing Barclays is committed to meeting your funding needs up to an agreed limit during the agreed term
• Gives you the ability to draw down and repay the loan as often as required over its life, making it ideal for cyclical cashflow challenges, such as VAT bills or seasonal work
• If you need to draw down funds to cover a business expense, you can then repay the credit facility down to zero at any time without charge.

Important information

• We commit to providing your Revolving Credit Facility for an agreed term
• The product referred to in this webpage is subject to separate terms and conditions
• Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your borrowing
• In the event of repayment of a drawn amount (tranche) under the RCF before the end of an interest period for that tranche, Floating Rate breakage costs will apply.