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Revolving Credit

Revolving Credit

Overview

A revolving credit loan is a line of credit where the borrower is allowed to use the funds when they are needed. It is usually used for clients who have contracts with a predetermined lifespan and monetary value.

Revolving credit facilities are mainly used for operating purposes and the loan amount varies from month to month depending on the client’s current cash flow needs.

The loan is given in advance, and is available to established businesses who are mainly existing sefa clients with satisfactory credit records.

Benefits of Revolving Credit loans

  • Repayments are structured in relation to the business’ cash flow projections.

Repayment term

The revolving credit loan repayment term is a maximum of 12 months (or dependent on the duration of the contract).

How to apply for Revolving Credit loan

Click on the apply button bellow and follow the steps thereafter.