Revolving Credit

Expansion Funding for Pharmacy Group 

Christie Finance structured a seven-figure Revolving Credit Facility for a rapidly expanding pharmacy group with multiple trading locations. This facility provided the client with the financial flexibility to undertake ongoing renovations, invest in new technologies, and pursue strategic acquisitions without disrupting day-to-day operations. The revolving nature of the facility allowed the operator to draw down funds as needed, aligning capital deployment with project timelines and growth opportunities. This solution supported the group’s long-term expansion strategy while maintaining strong cash flow management. 

First-Time Pharmacy Acquisition 

A first-time buyer entering the pharmacy sector required a funding solution that would support both the acquisition and initial operational setup. Christie Finance delivered a Revolving Credit Facility designed to cover essential costs such as stock purchases, supplier payments, and ancillary expenses associated with the transition. The facility offered the flexibility to access capital as needed, ensuring a smooth handover and uninterrupted trading from day one. This tailored approach enabled the new owner to establish a solid foundation for future growth while maintaining financial control. 

1. What is a Revolving Credit Facility? 

A revolving credit facility is a flexible funding solution that allows businesses to borrow, repay, and borrow again up to an agreed limit. It’s commonly used to manage working capital and cash flow. 

2. How does a Revolving Credit Facility work? 

Once approved, your business has access to a set credit limit. You can draw down funds when needed, repay them, and re-use the facility. Interest is only charged on the amount drawn, not the entire limit. 

3. What is an example of a Revolving Credit Facility? 

A business might be approved for a £100,000 revolving credit facility. If it draws £30,000 to cover supplier costs, only that £30,000 accrues interest. Once repaid, the full £100,000 becomes available again. 

4. What is the difference between a Revolving Credit Facility and an overdraft? 

An overdraft is attached to a business bank account and usually for short-term use. A revolving credit facility is a structured agreement with higher limits, clearer terms, and often lower rates than overdrafts. 

5. What is the difference between a Revolving Credit Facility and a Term Loan? 

A term loan provides a fixed lump sum repaid over a set period. A revolving credit facility offers ongoing access to funds, borrow, repay, and re-borrow making it more flexible for businesses with fluctuating cash flow. 

6. What are the advantages and disadvantages of a Revolving Credit Facility? 

Advantages: flexibility, interest only on drawn funds, supports cash flow, reusable limit. 
Disadvantages: higher interest than some term loans, potential overuse, may require collateral or guarantees. 

7. How do I apply for a Revolving Credit Facility? 

You can apply through banks, specialist lenders, or directly with Christie Finance. Our team works with an extensive lender network to secure a revolving credit facility tailored to your business needs, helping you get fast approval with expert support throughout the process.