Revolut business overdraft: can your limited company get one?

Revolut Business doesn't offer overdrafts in the UK. Its help centre says it doesn't provide credit, credit cards, or overdrafts, and that was still the case when we checked on 12 October 2026, seven months after Revolut became a fully licensed UK bank. You can still arrange cover for cash flow gaps elsewhere without moving your account.

Straight from Revolut: its UK business help centre says, 'At the moment, we don't provide credit, credit cards, or overdrafts.' We checked on 12 October 2026.

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Does Revolut Business offer an overdraft?

No. Revolut Business doesn't offer overdrafts, business loans, or credit cards in the UK, and Revolut doesn't offer personal overdrafts in the UK either. We checked Revolut's own help centre on 12 October 2026.

That also answers the credit-limit question: there's no overdraft limit or credit line to apply for on a UK Revolut Business account. Here's where each product stands:

If you're also wondering whether Revolut Business offers loans, the answer is the same, and our loan guide covers borrowing in more detail.

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Payments bigger than your Revolut balance are usually declined

Without an overdraft, a payment bigger than your balance is usually declined. Fees can still take a balance below zero, and Revolut expects you to top up straight away.

Revolut's UK terms say you can't borrow on your account by making payments worth more than the money in it, and that you must top up immediately if your balance goes negative. In practice, that means a supplier payment or Direct Debit can fail on the day your balance runs short, so plan your cover before the gap arrives.

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Will Revolut offer overdrafts now it's a UK bank?

Revolut says its banking licence opens the way to credit products, but it hasn't announced a date for business overdrafts in the UK. If your company needs cover now, plan around what's available today.

Revolut got a UK banking licence with restrictions in July 2024 and became a fully licensed bank on 11 March 2026. Its launch announcement said the licence 'paves the way for a wider range of services in the future, including lending and other products'. Neither that announcement nor the help centre gives a launch date for business overdrafts.

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Starling and Tide aren't offering new business overdrafts either

Switching to another app-based account won't necessarily get you an overdraft. On 12 October 2026, Starling wasn't taking new business overdraft applications and Tide didn't offer one, while Monzo offers limited-company overdrafts of £500–£5,000.

To be open about it, iwoca works with both Tide and Monzo to offer our funding to their business customers.

High-street banks do offer business overdrafts, but many only lend to companies that already hold their business account. In a comparison checked on 24 July 2026, Business Expert found HSBC, Lloyds, NatWest, RBS, Santander, and the Co-operative Bank lend overdrafts to existing business customers only. Brokers see the same squeeze: in iwoca's SME Expert Index for Q2 2026, 75% agreed that high street banks are reducing their appetite for funding small businesses.

An overdraft usually costs you interest on what you use, plus a fee to arrange or renew the limit, which many banks charge even in months you don't use it. Many also ask for a personal guarantee. You can compare business overdrafts from UK banks in our separate guide.

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How a Flexi-Loan works next to your Revolut account

You can keep banking with Revolut and borrow from a separate lender. An iwoca Flexi-Loan is a business loan with flexible repayment options, from £1,000 to £1m. You draw what you need and pay interest only on what you've drawn.

You can also repay early at any time with no penalty.

Here's how it works when your company banks with Revolut:

1. Apply as a UK limited company.
2. Share your bank data. We look at your business bank account when you apply, either through Open Banking or from uploaded statements.
3. Get a decision, then draw what you need. You'll get a decision within 24 hours, but it might be longer depending on the complexity of the request.

Terms run for up to five years, and upfront fees can apply. Every new Flexi-Loan needs a personal guarantee from at least one director, though not every director has to sign. That means a director could be personally responsible for the debt if the company can't repay. We don't take property as security at the start of the loan.

A Flexi-Loan suits a gap that opens and closes, rather than borrowing you'll lean on every month. Victoria Simpson, founder of VCare Group, uses hers to cover payroll while she waits for local authorities to pay: 'It might be just a two or three day gap. But when you've got payroll running at that level, two or three days matters.'

So far, we've lent £5bn+ to 100,000+ UK businesses.

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Which option fits your cash flow gap

Match the option to the gap: a bank overdraft if you already bank somewhere that offers one, a Flexi-Loan for gaps you want covered away from your bank account, a business credit card for purchases you can clear quickly, and invoice finance if cash is stuck in unpaid invoices.

A Flexi-Loan isn't the right fit if:

• You'd rather not give a personal guarantee.
• You need a large, fixed sum for a one-off purchase that you'll repay over many years.
• The gap isn't temporary and borrowing would only cover a shortfall that keeps growing.

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Frequently asked questions

Short answers to common follow-up questions from companies that bank with Revolut.

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Does Revolut offer personal overdrafts in the UK?

No. Revolut's UK help centre says it doesn't offer overdraft services in GB, for personal accounts as well as business ones.

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Do I need to switch bank to borrow?

No. You can keep your Revolut Business account and borrow from a separate lender such as iwoca. Switching to another business account also won't move an existing overdraft with it.

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How quickly can I get a decision from iwoca?

You'll get a decision within 24 hours, but it might be longer depending on the complexity of the request.

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Does a Flexi-Loan need a personal guarantee?

Yes. Every new Flexi-Loan needs a personal guarantee from at least one director, though not every director has to sign. It means you could be personally responsible for the debt if the company can't repay.