Glossary

Revolving facility

A revolving facility lets you draw, repay and redraw up to a limit, paying interest only on what you use — the natural fit for fluctuating working capital.

2 min read

Draw–repay–redrawUp to a limit

Interest on drawn onlyFlexible cash

Definition

A revolving facility (or revolving credit) is a reusable limit you can draw down, repay and draw again as often as needed within the term, paying interest only on the drawn balance.

In plain terms

It works like a business credit card at loan pricing — money on tap for the peaks, costing nothing when the balance sits at zero.

Why it matters for your company

It suits seasonal or lumpy cash needs far better than a fixed term loan. Credicorp’s business credit facility is a committed revolving line — apply for a limit and draw only what you need.