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Revolving credit facility for technology

A revolving credit facility gives your business an agreed limit, from £10,000 to £1 million, that you draw from as needed. Founders use Rook Bristol revolving credit facility to hire engineers ahead of a contract or buy servers, networking and client hardware, with rolling facility, reviewed periodically and decision within 24 hours; draw funds once the facility is live.

Apply nowAbout revolving credit facility
Check your eligibilityStep 1 of 5
How much funding do you need?

A best guess is fine. You can change it with your finance manager.

£10K£1M
How long have you been trading?
What's your average monthly turnover?

Total money coming into your business account in a typical month.

What type of business is it?
Where should we reach you?

We'll use this only for your application.

Revolving credit facility for founders
Amount£10,000 – £1,000,000 limit
TermRolling facility, reviewed periodically
SpeedDecision within 24 hours; draw funds once the facility is live
PaymentsMonthly, based on the balance drawn
Best forCash-flow gaps, VAT bills, seasonal stock and unexpected costs

Common uses in technology

  • Hire engineers ahead of a contract
  • Buy servers, networking and client hardware
  • Bridge the wait for an R&D tax credit claim
  • Fund a product launch or marketing push
  • Bridge enterprise payment terms

Why founders choose a revolving credit facility

Recurring revenue is an asset

Predictable subscription income can support funding without selling equity at an early valuation.

R&D tax credits arrive later

Claims can take months to pay out. Revolving credit covers the wait so development doesn't slow.

Hardware comes first

Servers, networking kit and client deployments can be spread over their working life with asset finance.

Enterprise and public sector pay slowly

Long procurement and payment cycles leave cash tied up. Invoice finance or a revolving facility bridges them.

How does a revolving credit facility work?

  1. 1

    Apply once online. We review turnover, cash flow and trading history, using Open Banking data alongside your credit file.

  2. 2

    Your finance team agrees a facility limit and explains the cost of drawing, in pounds, before anything is signed.

  3. 3

    Draw any amount up to your limit whenever you need it. Funds are sent to your business bank account.

  4. 4

    Repay monthly on what you've drawn. As you repay, that credit becomes available to use again without a new application.

What do I need to qualify?

  • 6 months trading
  • £10K+ in monthly turnover
  • A UK-registered business
Check my options

Other funding for founders

Questions, answered

Something else on your mind? Ask the team.

Can founders qualify for a revolving credit facility?
Many can. We typically look for a UK-registered business, 6 months trading and £10K+ in monthly turnover. We review technology businesses with the sector's cash-flow patterns in mind. All finance is subject to status.
What is a revolving credit facility?
It is a flexible credit limit your business can draw from, repay and draw from again. Think of it as a business overdraft that sits outside your bank: you pay only on the balance you use.
How is it different from a business loan?
A business loan pays out one lump sum with a fixed repayment schedule, which suits a known, one-off cost. A revolving facility is reusable and suits recurring or unpredictable needs such as VAT quarters, seasonal stock and cash-flow gaps.
Do SaaS companies qualify?
Yes, if you have at least 6 months of trading and £10,000 or more in monthly turnover. Recurring subscription income strengthens an application.

Want to partner with us?

Businesses, brokers and introducers: check eligibility in about three minutes, or talk to our team about working together.

Apply nowContact our team