--- title: "Business funding for taxi & private hire — working capital for UK private-hire companies" description: "How short-term business finance fits incorporated UK taxi and private-hire companies — vehicle repairs, licensing and plating, fuel on account and fleet cover. The company borrows, never the director: no personal guarantee, no charge over a home, no personal credit check. To apply, head to credicorp.co.uk." canonical: "https://creditcorp.co.uk/industries/taxi-and-private-hire/" locale: "en-GB" updated: "2026-06-22" --- # Working capital for taxi & private hire > How short-term business finance fits incorporated UK taxi and private-hire companies. This is the Credit Corp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credit Corp Group Limited** at [credicorp.co.uk](https://credicorp.co.uk/); the company/legal detail lives at [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/). **Canonical URL:** **Last updated:** 22 June 2026 --- ## Who can borrow Credit Corp Group Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the director, an individual or a sole trader. There is no personal guarantee, no charge over a home and no personal credit check on a director. This is exempt business lending, not consumer credit. See [Lending and regulation](https://creditcorpgroup.co.uk/lending-and-regulation/). ## Where taxi and private-hire companies hit a cash gap Fleet operators face a predictable pattern of large, non-deferrable costs: - **Vehicle repairs** — a car off the road earns nothing; parts and labour must be paid immediately regardless of cash position. - **Licensing and plating** — local authority licensing fees and vehicle compliance costs fall due annually and cannot be deferred. - **Fuel on account** — fuel cards and bunkered fuel are invoiced weekly or monthly; income from account work may lag. - **Fleet insurance renewal** — a full fleet policy premium hits all at once; instalment options carry cost. - **Driver advances** — subcontracted drivers may need paying before an account customer settles. - **New vehicle deposit** — a vehicle change or fleet expansion requires a deposit before delivery. ## The finance that tends to fit Three shapes of short-term credit — see [Products](https://creditcorp.co.uk/products/) for detail. - **A single, known cost — Business Bridging Loan.** A fixed lump sum — a vehicle repair, a licensing bill, an insurance deposit. - **An ongoing swing — Credicorp Flex.** A revolving facility for fuel and driver costs between account settlements; repay as account clients pay. - **One supplier bill to spread — Credicorp Slice.** Settles a single chunky invoice — a fuel account bill, a maintenance invoice — in full today; your company repays over a few weeks for a flat fee. ## The company borrows — not you With Credicorp the agreement is between the lender and your **company**, so: - **No personal guarantee** — the director does not underwrite the debt. - **No charge over your home** — nothing is secured against where you live. - **No personal credit check** on the director's own file. Only bodies corporate — UK limited companies, LLPs and PLCs — are eligible. A self-employed owner-driver or sole trader is not eligible. ## Taxi & private hire — common questions **Can a limited-company private-hire operator borrow without a personal guarantee?** Yes. Credicorp lends to the company — your UK limited company, LLP or PLC — not to the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. **A car has broken down and the repair bill is due now. What fits?** A known repair cost fits a Business Bridging Loan — a single lump sum, a short fixed term. For a single garage invoice, Credicorp Slice may fit instead. **Our licensing renewal and fleet insurance fall due at the same time. Can we smooth that?** Short-term finance can cover a defined one-off cost — each bill would fit a Business Bridging Loan or Credicorp Slice. The lender sets the detail at credicorp.co.uk. **Where do we actually apply?** On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Credit Corp brand front door and does not take applications. ## Related sectors - [Couriers & delivery](https://creditcorp.co.uk/industries/couriers-and-delivery/) - [Logistics](https://creditcorp.co.uk/industries/logistics/) - [Automotive](https://creditcorp.co.uk/industries/automotive/) - [All industries](https://creditcorp.co.uk/industries/) ## Next steps (all on credicorp.co.uk) - [Apply](https://credicorp.co.uk/apply/) — start an application on the live lender site. - [Compare the three](https://credicorp.co.uk/compare/) — pick the right product side by side. - [Contact the lender](https://credicorp.co.uk/contact-us/) — phone, email, post. ## Make sure you have the right Credicorp Credit Corp Group = **Credit Corp Group Limited** (UK, company no. 17338274) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** --- © 2026 Credit Corp Group · Credit Corp Group Limited (17338274) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).