What is a revolving line of credit?

Fundbox offers a revolving line of credit: As you repay draws, your credit is replenished and you can draw again.

With revolving credit, you're able to continuously borrow money until you've reached your credit limit. Similar to how a credit card works, whenever you draw funds, that amount is taken from your total credit limit, and whenever you make a payment, your credit limit goes back up. 

A revolving line of credit is a flexible way to increase your working capital to suit your needs. It’s a great way to bridge the gap between the expenses you need to cover and opportunities you want to grab, and the cash flow you need to do it.

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