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How getting funded actually works
No mystery and no maze. Here’s the whole journey to business finance through Credicorp — in five plain steps. Every one of them happens on the lender’s own site; this page just shows you the shape of it first.
First, the one rule about who can borrow
Credicorp lends only to UK companies and LLPs — the business borrows, never you as an individual, and there’s no personal guarantee on the products. If that’s you, the rest is easy.
The five steps
Most of it is online and quick. A real person still looks at every application.
Step 1 Pick the funding that fits
Choose between a one-off Business Bridging Loan, the revolving Credicorp Flex facility, or Credicorp Slice to split a supplier bill. Not sure? The lender lets you compare them side by side.
Compare the threeStep 2 Apply online in about five minutes
On credicorp.co.uk you give your company details, the director, your business bank account, photo ID and a few months of business bank statements. The company is the borrower, never you personally.
Start your applicationStep 3 A real person reviews it
Credicorp verifies the company at Companies House, runs a business credit check, and checks the funding is affordable from the statements. No personal guarantee is taken.
See what we checkStep 4 You sign the agreement
You get a Key Information Sheet and a Business Loan Agreement between Credicorp Limited and your company. Read it, and sign when you are happy.
About the agreementStep 5 The funds land in your account
Money is released to your business bank account, usually the same working day if you sign before 3pm UK time. From there you manage everything in the customer portal.
Open the portalWhich funding fits?
Three simple shapes. Pick by the job you need doing — then open it on the lender’s site.
Business Bridging Loan
You need one lump sum for a one-off job.
See it on credicorp.co.ukCredicorp Flex
You want a credit line to dip into as cash flow moves.
See it on credicorp.co.ukCredicorp Slice
You want to spread a single supplier bill.
See it on credicorp.co.ukThe friendlier product rundown Even-handed comparisons Compare on credicorp.co.uk
What to have handy before you start
Five minutes goes faster if these are within reach.
- Your company details — name and registration number (we check it at Companies House).
- The director’s details and a piece of photo ID.
- Your business bank account details.
- A few months of business bank statements.
That’s genuinely it. The lender’s application page walks you through each box. For a full checklist, see what you need to apply.
Ready when you are
That’s the whole journey
Pick a product, apply, get reviewed by a real person, sign, and the money lands — often the same working day. When you’re set to actually do it, the next click takes you to the lender’s site, where every step lives.
One honest line on the rules
Because Credicorp lends only to companies and LLPs, this is business lending, not consumer credit. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate isn’t a regulated “credit agreement”, so Credicorp isn’t FCA-authorised (it doesn’t need to be), and the Financial Ombudsman Service and FSCS don’t apply. We’d rather say that plainly than bury it.
The full plain-English explainer is on the group site: Lending & regulation ↗.
Common questions about the process
Who can apply for Credicorp business finance?
Credicorp lends only to UK limited companies and LLPs that have been trading for at least three months and can show recent business bank statements. Sole traders, partnerships and borrowing in a director's personal name are not eligible.
Is a personal guarantee required?
No. The loan agreement is between Credicorp Limited and your company. No personal guarantee is taken, and your personal credit file is not searched.
How quickly can the money reach us?
Once your company signs the Business Loan Agreement, funds are normally released the same working day provided you sign before 3pm UK time. Transfers are made by Faster Payments and typically credit within minutes.
What documents does Credicorp need from us?
The lender asks for your company details, the director's name and photo ID, your business bank account details and a few months of business bank statements. Connecting Open Banking can speed the process further — it replaces manually uploading statements.
Can we repay the loan early?
Yes. Early repayment is allowed at any time and you pay interest only for the days you have actually borrowed — there is no early repayment fee.
Like the look of it? Start on the lender
Every step — apply, sign, manage — happens on Credicorp’s own site. This page was just the map.