Draw, repay, repeat
A revolving business credit line for suppliers who restock every month
Restocking isn't a one-time event. A revolving credit line from Datung gives you an approved limit you can draw from, repay and draw again, so working capital is ready when the next order comes in.
- One application for all 6 kinds of financing
- Just 3 things to apply
- Pre-approval usually within about 1 hour
- Final answer usually within 12 hours
Times are during business hours. Applications that come in at night start at 8 AM. Our aim, not a guarantee.
Revolving credit lines
What is a revolving credit line?
A revolving credit line is a business line of credit with an approved limit. Instead of applying for a new loan every time you need stock, you draw what you need from your limit, repay it, and draw again.
It suits businesses with a steady rhythm of buying and selling, where the need for cash comes back every month rather than once.
How revolving credit lines works, in practice
- Apply once, and we review your business to set an approved limit.
- Draw from your limit when the business needs it: for stock, a big order or a busy season.
- Repay on the schedule set out in your documents.
- As you repay, draw again from your limit whenever you need to.
Revolving credit lines at a glance
- What it does
- An approved limit you can draw from, repay and draw again whenever the business needs it.
- Best for
- Suppliers who restock every month to keep their customers supplied.
- To apply
- The same 3 things as every kind of financing: the online form, 1 valid ID and your last 3 months of bank statements.
Who it's for
Who a revolving credit line is for
Datung funds the established suppliers and distributors one level up the supply chain: the businesses that keep sari-sari stores, carinderias, talyers and contractors stocked on terms.
- Suppliers who restock every month to keep their customers supplied
- Distributors with steady, repeat orders from retailers and small businesses
- Businesses with seasonal peaks that need working capital at short notice
- Built for established businesses (typically ₱6M+ in annual sales), in any industry.
How to apply
How to apply for revolving credit lines
One application covers all 6 kinds of financing. You don't need to get the product exactly right: tell us what the money is for, and we'll match you to the best fit.
Step 1: Apply once, online
About 10 minutes
Fill in the form with 1 valid ID and your last 3 months of bank statements. Under “What kind of financing do you need?”, pick revolving credit lines, and tell us what the money is for. No account, nothing to print.Step 2: Review and pre-approval
Usually within about 1 hour
A credit officer reviews your application. We aim to give you a pre-approval within about 1 hour, and we may ask to see more about your cash flow.Step 3: Business visit
Within about 2 hours of pre-approval
A credit officer comes to see your business for themselves. We'd rather see it than judge it from paper.Step 4: Your final answer
Usually within 12 hours
We aim to give you a final answer within 12 hours. If it's a yes, the interest rate and all charges are disclosed in full before you sign. If it's a no, we tell you right away.
Times are during business hours. Applications that come in at night start at 8 AM. These are our aims, not guarantees.
Ready to apply for revolving credit lines?
Apply in about 10 minutes with 1 valid ID and your last 3 months of bank statements.
What we look at
What we look at for revolving credit lines
Every application is reviewed by a credit officer, who looks at the whole business, not just a checklist. What we can offer depends on that review, and we never promise approval.
- How your sales and cash flow move month to month, from your bank statements
- How often you restock, and from whom
- Your customers and the terms you give them
- Any existing loans, and how you repay them
- What our credit officer sees at the business visit
FAQ
Revolving credit lines questions
Straight answers about revolving credit lines and applying with Datung.
How is a credit line different from a business loan?
Can I use collateral to get a higher credit line?
What documents do I need?
Will I be approved?
What interest rate will I pay?
Ways we can fund you
Other ways to fund your business.
You don't need to pick the right product first. Apply once with the same 3 things, tell us what the money is for, and we'll match you to the best fit.
- Confirmed orders
Purchase order (PO) financing
Funds to buy the goods for a confirmed customer order, so you can say yes to the big one.
Best for: Distributors, dealers and importers with orders bigger than their cash on hand.
Learn more about PO financing - Unpaid invoices
Invoice factoring
Get cash for invoices you've already issued, instead of waiting for your customers to pay.
Best for: Suppliers whose customers pay in 30, 60 or 90 days.
Learn more about invoice factoring - Post-dated checks
Check rediscounting
Turn your customers' post-dated checks into cash now, instead of waiting for them to clear.
Best for: Wholesalers and distributors holding their customers' PDCs.
Learn more about check rediscounting - For a higher line
Collateral-based financing
Pledge an asset you own as collateral, which can support a higher credit line.
Best for: Owners ready for a bigger move who have assets to put up.
Learn more about collateral-based financing - Working capital
Business loans
A lump sum for inventory, equipment, payroll or your peak season, repaid over 3 to 12 months.
Best for: Any established business that needs cash to keep moving.
Learn more about business loans
All 6 start from the same single application.
For some, we may ask to see the checks, purchase order, invoices or collateral papers during review. What we can offer depends on our review of your business.