Business line of credit
up to £250k

Our financing is backed by bank-level underwriting. This is why we don’t ask for personal guarantees.

Suitable for well-established businesses

Dedicated team of underwriting experts

Decision in one working day

No early repayment fees

Suited to well-established businesses

Dedicated team of underwriting experts

Decision in one working day

No early repayment fees

Get Started

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If you would like to continue, please fill in your e-mail address and enter a password. Completing the application could take as little as 15 minutes and you will receive a decision within one working day. An application is non-committal.

What is a line of credit and how does it work?

A business line of credit is a type of financing arrangement where you can borrow funds several times until you reach a fixed credit limit. Many business ventures come without a definite price tag, and a credit line gives you the option to adjust how much finance you use.

Why choose a line of credit instead of a traditional loan? With a credit line, you have more control over the final cost of borrowing. Each drawdown becomes a separate loan, and interest is charged only on what you have withdrawn—not on the full credit limit. This is a valuable feature if you want to draw down less than previously planned and not have to pay for the unused funds.

How can a Spotcap credit line help your business?

A Spotcap credit line gives you the option to adjust the amount of finance you will use, and doesn’t overcharge you in case you don’t withdraw all of the funds. It’s quick to set up with a straightforward online application, and our technology allows us to come back with a decision within one working day.

This makes our financing a suitable solution when you need to be flexible and make decisions in a dynamically changing situation. Whether it’s to pay an unexpected bill, purchase inventory to keep the flow of business going, or take advantage of a supplier offer, our credit line can help you make the most of many different scenarios.

A credit line that fits your needs

Up to £250k of credit

Pay interest only on what you use

Straightforward paperless application

Funds available within one working day

Payment calculator

  • Amount
    £ 100,000
  • Time
    12 months

£9,168

Monthly Repayment

For illustrative purposes only. The example shown above is based on 1.4% average monthly interest rate and 2.0% arrangement fee. The APR (annual percentage rate) is 24.2%, which includes both interest and fee. The total payable amount is . This amount consists of principle, interest and fee. 
We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

We’re trusted by thousands of businesses

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Excellent service - quick, simple and easy to understand.

Benefit from Spotcap's line of credit

It’s your business, so you choose how to use the funds. Our financing suits many purposes.

  • Manage your cash flow

    Protect your business from short-term cash flow challenges. A line of credit can relieve the pressure on your bank balance when you need to make additional payments.

  • Bridge receivables

    Keeping your finances healthy can get tough. This is especially true when you’re handling seasonal shifts or waiting on outstanding invoices. Ease the pressure with short-term funding.

  • Refresh your inventory

    Preparing for a busy season or introducing a new product? A credit line can supply the working capital you need to restock your inventory and delight your customers.

  • Buy new equipment

    Looking to give your business the tools it needs to succeed? A business line of credit can help you buy new equipment, invest in technology and improve business performance.

The successful applicant checklist

What we look for in applications

UK business operating longer than 5 years (min. 3 years)

Annual turnover of £1 million (min. £500k)

Well-established, profitable business

Consistent revenue over the last 6 months

How to apply for a business line of credit

An online application can be completed in as little as 15 minutes

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Tell us about your business

Answer a few questions and provide some financial information about your business.
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We review your application

Our team of credit experts will review your application and we’ll be in touch with a decision within one working day.
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Accept your offer

Once your application is approved, your funds will be available within one working day.

We're here to help

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Learn more about the product

Email us
Spotcap Client Services

Liam

Get help with your application

Call Liam
Sales Support Manager

How to apply

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Tell us about your business

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Receive a decision within one working day

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Accept your offer and receive your funds

The successful applicant checklist

UK business operating longer than 5 years (min. 3 years)

Annual turnover of £1 million (min. £500k)

Well-established, profitable business

Consistent revenue over the last 6 months

Business loan calculator

Monthly Repayment

  • Amount
    £
  • Time
    12 months
For illustrative purposes only. The example shown above is based on 1.4% average monthly interest rate and 2.0% arrangement fee. The APR (annual percentage rate) is 24.2%, which includes both interest and fee. The total payable amount is . This amount consists of principle, interest and fee. 
We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.
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