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Revolving Credit

Overview

Revolving Credit is similar to a line of credit, with the difference being that Revolving Credit does not have a fixed repayment schedule.

You may draw down funds from your available balance at any time, and can select to pay the interest monthly, quarterly, semi-annually or annually.

Need more information?

Small Businesses

  • Call us on +1 441 299 5555

Larger Businesses

  • Call us on +1 441 299 5555

More about Revolving Credit

  • Available in all major currencies
  • Borrower may draw down funds from their available balance at any time

 

What you should know before you apply

  • A spread is added to the interest rate that reflects the risk, size, and the term of the loan.
  • Interest rates are based on the Bermuda Base Rate, US Prime or LIBOR.
  • A Commitment Fee or Arrangement Fee is charged and is dependent on the purpose, amount and term of the loan.

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