Standard Lines of Credit
A Standard Line of Credit offers flexible, ongoing access to funds, empowering businesses to manage cash flow effectively. At Caledonian Global Group, we facilitate quick access and manageable terms so your business can stay agile and seize opportunities as they arise.
A Standard Line of Credit provides businesses with flexible access to funds up to a set
limit, which can be drawn upon as needed and repaid with interest on the amount used.
The credit limit depends on your business’s credit profile, revenue, and financial
stability. Limits vary widely, often from £10,000 to over £500,000.
What are the repayment terms for a Line of Credit?
No deposit is required; instead, lenders assess your business’s creditworthiness and
financial stability
Yes, a line of credit can generally be used for most business needs, from inventory purchases to operational expenses.
Approval typically takes a few days to a couple of weeks, depending on the lender’s
requirements