# Creditcorp — full-text of the whole site (llms-full.txt)
#
# Creditcorp is the customer-facing front door for the Creditcorp Group:
# two UK private limited companies under common directorship — Credicorp
# Limited (Companies House 16093826), the operating lender, and CM Beyer
# Limited (Companies House 17009212), the brand and marketing arm. This
# site introduces the group, its products and its regulatory position, and
# routes visitors to credicorp.co.uk for all active services. This file
# concatenates every page of corp.creditcorp.co.uk into one plain-text document
# so an AI system can ingest the whole site in a single fetch.
# Canonical content directory: https://corp.creditcorp.co.uk/llms.txt
#
# Site (brand front door, with a 't'): https://corp.creditcorp.co.uk/
# Operating lender (borrow here): https://credicorp.co.uk/ (no 't')
# Group brand and legal hub: https://creditcorpgroup.co.uk/
# Last generated: 4 July 2026
#
# ============================================================================
========================================================================
# PAGE: https://corp.creditcorp.co.uk/
========================================================================
---
title: "Creditcorp — the growing name for the Credicorp group"
description: "Creditcorp is the growing brand name for the Credicorp group — Credicorp Limited, the UK business lender, and CM Beyer Limited, its brand and marketing arm. Here to borrow? Head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/"
locale: "en-GB"
updated: "2026-06-22"
---
# Creditcorp — the growing name for the Credicorp group
> Creditcorp is the growing brand name for the **Creditcorp Group** — two British companies under common directorship, part of the wider CM Beyer brand family. **Credicorp Limited** (Companies House 16093826) does the lending: short-term funding for UK businesses. **CM Beyer Limited** (Companies House 17009212) is the brand and marketing arm and holds the published application for the new *Creditcorp* name. Here to borrow? You want Credicorp, and it is a click away at [credicorp.co.uk](https://credicorp.co.uk/).
**Canonical URL:**
**Last updated:** 19 June 2026
This site (**creditcorp.co.uk**, spelled credit-corp, *with* a "t") is the front door for the new name. It does not take applications, price loans, or accept payments — everything customers actually do lives on the operating lender's site at [credicorp.co.uk](https://credicorp.co.uk/) (spelled credi-corp, *no* "t").
---
## In one breath
We are two British companies run by the same people, part of the wider CM Beyer brand family alongside an Australian sister company. **Credicorp Limited** (company no. 16093826) is the lender you might already know — short-term funding for UK limited companies and LLPs. **CM Beyer Limited** (no. 17009212) looks after the brand, including the new *Creditcorp* name we are growing into. The two signed a coexistence agreement in April 2026 so both names sit happily side by side. That is the whole story.
## Here to borrow?
Everything for customers lives on **credicorp.co.uk**. Apply, get a quote, compare products, manage your loan — it all happens on the lender's site. This page is just our front door.
→ [Visit credicorp.co.uk](https://credicorp.co.uk/)
## The three domains
| Domain | What it is |
| --- | --- |
| **creditcorp.co.uk** (with a "t") | This site — the front door for the growing *Creditcorp* brand name. |
| **credicorp.co.uk** (no "t") | The live operating lender and customer site. Apply, quote, portal, products, support. |
| **creditcorpgroup.co.uk** | The group brand & legal site — company profiles, trade marks, lending & regulation, news. |
## What Credicorp does
Three simple ways for a UK company to get working capital. Each links to the live product page on the lender's site.
- **[Business Bridging Loan](https://credicorp.co.uk/business-loans/)** — short-term funding for UK Ltd, LLP & PLC borrowers; restocking, a supplier deposit, a repair that cannot wait.
- **[Credicorp Flex](https://credicorp.co.uk/business-credit-facility/)** — a revolving credit facility for incorporated businesses; draw what you need, pay interest only on what you draw.
- **[Credicorp Slice](https://credicorp.co.uk/credicorp-slice/)** — split a supplier bill into instalments; flat fee, no personal guarantee. We pay your supplier in full today; you repay over weeks.
Compare the three at [credicorp.co.uk/compare](https://credicorp.co.uk/compare/), or start an [application](https://credicorp.co.uk/apply/).
## The two companies
Same director, two registered offices, two different jobs.
- **Credicorp Limited** — the lender. Short-term funding for UK companies and LLPs. Company no. [16093826](https://find-and-update.company-information.service.gov.uk/company/16093826), incorporated 21 November 2024. Holder of the registered *Credicorp* trade mark.
- **CM Beyer Limited** — the brand & marketing arm. Looks after the brand and runs the marketing consultancy. Company no. [17009212](https://find-and-update.company-information.service.gov.uk/company/17009212), incorporated 3 February 2026. Applicant for the new *Creditcorp* mark.
**Common directorship:** both UK companies share a single sole director (see the public Companies House officer records).
**Registered offices:** Credicorp Limited — Suite AU31848, 9 Skyport Drive, Harmondsworth, West Drayton UB7 0LB, United Kingdom (ICO ZC157682). CM Beyer Limited — Suite 53c, Unimix House, Abbey Road, London NW10 7TR, United Kingdom (group correspondence address).
**Group-related entity (Australia):** Credicorp Pty Limited, ACN 679 428 605 — [credicorp.com.au](https://credicorp.com.au/). Mentioned for transparency.
## Trade marks
| Mark | Number | Status | Classes | Holder |
| --- | --- | --- | --- | --- |
| Credicorp | [UK00004156742](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004156742) | **Registered** (23 May 2025) | 36, 45 | Credicorp Limited |
| Creditcorp | [UK00004379570](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004379570) | **Application Published** — pending registration | 35, 36 | CM Beyer Limited |
The two marks operate under a Mutual Trade Mark Coexistence, Consent & Licensing Agreement (English law, dated 30 April 2026) between Credicorp Limited and CM Beyer Limited, with full cross-licensing of both marks. Trama Legal s.r.o. (86–90 Paul Street, London EC2A 4NE) is the parties' UK IPO representative. Full detail, the comparison table and the group's regulatory position are on the group site: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
## Lending and regulation, in brief
Credicorp lends only to bodies corporate — UK limited companies and LLPs. Under [Article 60B of the FSMA Regulated Activities Order 2001](https://www.legislation.gov.uk/uksi/2001/544/article/60B), lending to a body corporate is not a regulated "credit agreement". So Credicorp's business lending sits outside the FCA's consumer-credit regime: no FCA authorisation is required, and the Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) do not apply to it. This is business lending, not consumer credit. The full plain-English explainer is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Make sure you have the right Credicorp
Creditcorp Group refers to **Credicorp Limited** (UK, company no. 16093826) and **CM Beyer Limited** (UK, company no. 17009212), together with the group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru and Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate and unrelated company.
## Where to go next
- **Borrow / customer services:** [credicorp.co.uk](https://credicorp.co.uk/) — products, apply, quote, portal, support.
- **The full group & legal story:** [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/) — companies, trade marks, lending & regulation, news.
- **This site, in detail:** [About](https://creditcorp.co.uk/about/) · [Products](https://creditcorp.co.uk/products/) · [Trade marks](https://creditcorp.co.uk/trade-marks/) · [Lending and regulation](https://creditcorp.co.uk/lending-and-regulation/) · [FAQ](https://creditcorp.co.uk/faq/) · [Contact](https://creditcorp.co.uk/contact/)
- **Primary sources:** [Credicorp Limited at Companies House](https://find-and-update.company-information.service.gov.uk/company/16093826) · [CM Beyer Limited at Companies House](https://find-and-update.company-information.service.gov.uk/company/17009212)
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Registered in England and Wales. Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/products/
========================================================================
---
title: "Products — Business Bridging Loan, Credicorp Flex & Credicorp Slice"
description: "Three plain-English ways for a UK limited company or LLP to get working capital — a Business Bridging Loan, the revolving Credicorp Flex facility, or Credicorp Slice to spread a supplier bill. No personal guarantee. The company borrows, never the director. Apply at credicorp.co.uk."
canonical: "https://creditcorp.co.uk/products/"
locale: "en-GB"
updated: "2026-06-20"
---
# Products — the three Credicorp products
> Three simple ways for a UK limited company or LLP to get working capital. This site (**creditcorp.co.uk**, *with* a "t") is the front door — it never takes applications, prices loans or accepts payments. Every "apply / open / see" action links out to the operating lender, **Credicorp Limited**, at [credicorp.co.uk](https://credicorp.co.uk/) (spelled credi-corp, *no* "t").
**Canonical URL:**
**Last updated:** 20 June 2026
---
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies and LLPs. The borrower is always the company, never an individual, a sole trader or a director borrowing in their own name. No personal guarantee is taken on the products. This is business lending, not consumer credit. See [Lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## The three products
### Business Bridging Loan — one lump sum, fixed term
Short-term funding for UK Ltd, LLP & PLC borrowers. A lump sum of working capital when timing matters — restocking, a supplier deposit, a repair that cannot wait. Repaid over a short, fixed term.
- **Amount:** £50 – £500
- **Term:** 14 – 84 days, fixed up front
- **Interest:** 0.25% per day on the outstanding principal
- **Establishment fee:** a one-time £5.00
- **Cost cap:** total cost never exceeds 100% of the principal
- **Repayments:** weekly or fortnightly
- **Personal guarantee:** none
- **Cooling-off:** a 14-day right to withdraw from signing
→ [Open on the lender's site](https://credicorp.co.uk/business-loans/)
### Credicorp Flex — a revolving credit facility
A revolving credit facility for incorporated businesses. A credit line that flexes with cash flow: draw what you need, when you need it, and pay interest only on what you actually draw.
- **Credit limit:** £50 – £500
- **Interest:** 0.25% per day on the *drawn* balance only — undrawn credit costs nothing
- **Establishment fee:** a one-time £5.00, charged on your first drawdown
- **Cost cap:** 100% per drawing
- **Term:** ongoing, while the facility stays in good standing
- **Cycle:** 14 days
- **Minimum each cycle:** 10% of the drawn balance, or £20 — whichever is greater
- **Personal guarantee:** none
→ [Open on the lender's site](https://credicorp.co.uk/business-credit-facility/)
### Credicorp Slice — a supplier bill, in instalments
Split a supplier bill into instalments — flat fee, no personal guarantee. We pay your supplier in full today; you repay over a few weeks. A flat fee, set out up front, and never a personal guarantee.
- **Bill amount:** £50 – £2,000
- **Instalments:** 3 or 4, over up to 8 weeks
- **Fee:** a flat 6% of the bill, charged once — no daily interest
- **Late fee:** £12 per missed instalment, capped
- **Cost cap:** 100% of the bill
- **Early repayment:** free, and any unused fee is refunded
- **Collection:** Direct Debit, on dates you choose
- **Personal guarantee:** none
→ [Open on the lender's site](https://credicorp.co.uk/credicorp-slice/)
## The three, side by side
| | Bridging Loan | Credicorp Flex | Credicorp Slice |
| --- | --- | --- | --- |
| Shape | One lump sum | Revolving facility | A supplier bill, split into instalments |
| Amount | £50 – £500 | £50 – £500 limit | £50 – £2,000 bill |
| Pricing | 0.25%/day on principal | 0.25%/day on drawn balance | 6% flat fee of the bill |
| Term | 14 – 84 days | Ongoing | 3–4 instalments, up to 8 weeks |
| Cost cap | 100% of principal | 100% per drawing | 100% of the bill |
| Personal guarantee | None | None | None |
| Borrower | The company | The company | The company |
These are the lender's published terms — always check the live product page before you apply, as the figures can change.
## How you actually apply
It all happens on the lender's own site:
1. **Apply online** at [credicorp.co.uk/apply](https://credicorp.co.uk/apply/) — about five minutes. Company details, the director, your business bank account, photo ID and six months of business bank statements.
2. **A real person reviews it** — Companies House verification, a business credit check, and an affordability check on the statements.
3. **You sign the agreement** — a Key Information Sheet and a Business Loan Agreement between Credicorp Limited and your company. No personal guarantee.
4. **Funds are released** to your business bank account, usually the same working day if you sign before 3 pm UK time.
## Next steps (all on credicorp.co.uk)
- [Compare the three](https://credicorp.co.uk/compare/) — pick the right product side by side.
- [Apply](https://credicorp.co.uk/apply/) — start an application on the live lender site.
- [Customer portal](https://credicorp.co.uk/portal/) — manage an existing account.
- [Contact the lender](https://credicorp.co.uk/contact-us/) — phone, email, post.
## Make sure you have the right Credicorp
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/about/
========================================================================
---
title: "About — Creditcorp, the growing name for the Credicorp group"
description: "Creditcorp is the growing name for the Credicorp group: two British companies under one shared director — Credicorp Limited, the UK business lender (16093826), and CM Beyer Limited, its brand arm (17009212). To borrow, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/about/"
locale: "en-GB"
updated: "2026-06-24"
---
# About — the team behind Creditcorp
> We are a close-knit British group, part of the wider CM Beyer brand family: two companies under one shared sole director, two registered trade marks, and an Australian sister company. This site (**creditcorp.co.uk**, *with* a "t") is the front door for the growing *Creditcorp* name; the operating lender is **credicorp.co.uk** (*no* "t").
**Canonical URL:**
**Last updated:** 24 June 2026
---
## The group in one paragraph
The Creditcorp Group is two UK private limited companies under common directorship. **Credicorp Limited** does the lending — short-term funding for UK companies and LLPs. **CM Beyer Limited** is the brand and marketing arm and holds the published application for the new *Creditcorp* name. The two signed a written coexistence agreement in April 2026 so both names sit side by side.
## The two companies
- **Credicorp Limited** — the operating lender. UK private limited company, Companies House [16093826](https://find-and-update.company-information.service.gov.uk/company/16093826), incorporated 21 November 2024. Holder of the registered *Credicorp* trade mark UK00004156742 (Classes 36 & 45). Registered office: Suite AU31848, 9 Skyport Drive, Harmondsworth, West Drayton UB7 0LB, United Kingdom (ICO ZC157682).
- **CM Beyer Limited** — the brand & marketing / consultancy arm. UK private limited company, Companies House [17009212](https://find-and-update.company-information.service.gov.uk/company/17009212), incorporated 3 February 2026. Applicant for the new *Creditcorp* trade mark UK00004379570 (Classes 35 & 36). Registered office: Suite 53c, Unimix House, Abbey Road, London NW10 7TR, United Kingdom.
**Common directorship:** both UK companies share a single sole director (see the public Companies House officer records; the personal name is not published here).
**CM Beyer registered office / group correspondence address:** Suite 53c, Unimix House, Abbey Road, London NW10 7TR, United Kingdom.
**Group-related entity (Australia):** Credicorp Pty Limited, ACN 679 428 605 — [credicorp.com.au](https://credicorp.com.au/). Mentioned for transparency.
## The two trade marks and the coexistence agreement
| Mark | Number | Status | Classes | Holder |
| --- | --- | --- | --- | --- |
| Credicorp | [UK00004156742](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004156742) | Registered (23 May 2025) | 36, 45 | Credicorp Limited |
| Creditcorp | [UK00004379570](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004379570) | Application Published — pending registration | 35, 36 | CM Beyer Limited |
The two marks operate under a Mutual Trade Mark Coexistence, Consent & Licensing Agreement (English law, dated 30 April 2026) between Credicorp Limited and CM Beyer Limited, with full cross-licensing of both marks. Trama Legal s.r.o. (86–90 Paul Street, London EC2A 4NE) is the parties' UK IPO representative (clause 16.2). The deep version lives on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
## Make sure you have the right Credicorp
Creditcorp Group refers to **Credicorp Limited** (UK, company no. 16093826) and **CM Beyer Limited** (UK, company no. 17009212), together with the group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru and Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate and unrelated company.
Brand casing: only ever "Credicorp" and "Creditcorp" (first letter capital only). The group brand is "Creditcorp Group".
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/trade-marks/
========================================================================
---
title: "Trade marks — Credicorp & Creditcorp | Two marks, one group"
description: "Credicorp (UK00004156742, registered) and Creditcorp (UK00004379570, application published) are two UK trade marks held within the same group, cross-licensed under a written coexistence agreement. Here is the plain-English version."
canonical: "https://creditcorp.co.uk/trade-marks/"
locale: "en-GB"
updated: "2026-06-20"
---
# Trade marks — two marks, one group
> *Credicorp* and *Creditcorp* are two UK trade marks held by two UK companies that share a director, cross-licensed under a written coexistence agreement. This is the front-door, plain-English version; the deep comparison lives on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
**Canonical URL:**
**Last updated:** 20 June 2026
---
## The two marks side by side
| Mark | Number | Status | Classes | Holder |
| --- | --- | --- | --- | --- |
| Credicorp | [UK00004156742](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004156742) | **Registered** (23 May 2025; renewal 6 February 2035) | 36, 45 | Credicorp Limited |
| Creditcorp | [UK00004379570](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004379570) | **Application Published** — pending registration (filed 28 April 2026, published 15 May 2026, Journal 2026/020) | 35, 36 | CM Beyer Limited |
## The coexistence agreement
The two marks operate under a **Mutual Trade Mark Coexistence, Consent & Licensing Agreement**, dated **30 April 2026**, governed by **English law**, between **Credicorp Limited** and **CM Beyer Limited**, with full cross-licensing of both marks. **Trama Legal s.r.o.** (86–90 Paul Street, London EC2A 4NE, United Kingdom) is the parties' UK IPO representative (clause 16.2 of the agreement).
## Common questions
**How is Credicorp different from Creditcorp?**
They are two separate UK trade marks held by two UK companies that share a director. "Credicorp" (no "t") is the established, registered mark held by Credicorp Limited, the operating lender. "Creditcorp" (with a "t") is the newer mark applied for by CM Beyer Limited, the group's brand arm, currently published for opposition rather than yet registered.
**Why does the group hold two marks?**
Because it runs two legally distinct UK companies, each needing its own brand protection. The Credicorp mark covers the lender's services; the Creditcorp mark covers the wider, customer-facing group identity. Both sit side by side under a written agreement between the two companies.
**What does "application published" mean for Creditcorp?**
The UK Intellectual Property Office accepted the application as meeting the formal requirements and advertised it in the Trade Marks Journal for a fixed period. During that window anyone with earlier rights can object. If no one opposes it, or any opposition fails, the IPO issues a registration certificate.
**Are both marks actually in use?**
Yes. Credicorp is the live trading name of the lender at credicorp.co.uk, and Creditcorp is the growing group name at creditcorp.co.uk. Both are in genuine, active use within the same corporate group.
**Who do I contact about the trade marks?**
The UK IPO representative for both marks is Trama Legal s.r.o., 86–90 Paul Street, London EC2A 4NE — named on the UKIPO register and in clause 16.2 of the coexistence agreement.
## Make sure you have the right Credicorp
Creditcorp Group = **Credicorp Limited** (UK, 16093826) + **CM Beyer Limited** (UK, 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/lending-and-regulation/
========================================================================
---
title: "Lending & regulation — how Creditcorp's business lending sits outside consumer credit"
description: "Credicorp Limited lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, that lending is not a regulated credit agreement, so it needs no FCA authorisation and the FOS and FSCS do not apply. Not consumer credit, no personal guarantee."
canonical: "https://creditcorp.co.uk/lending-and-regulation/"
locale: "en-GB"
updated: "2026-06-20"
---
# Lending and regulation
> Credicorp Limited lends **only to bodies corporate** — UK limited companies and LLPs. Under **Article 60B of the FSMA Regulated Activities Order 2001** (SI 2001/544), lending to a body corporate is not a regulated "credit agreement", so Credicorp is not FCA-authorised (authorisation is not required), and the Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) do not apply to its business lending. This is **not consumer credit**. No personal guarantee is taken on the products.
**Canonical URL:**
**Last updated:** 20 June 2026
The deep version of this explainer lives on [creditcorpgroup.co.uk/lending-and-regulation/](https://creditcorpgroup.co.uk/lending-and-regulation/).
---
## Common questions
**Is Credicorp regulated by the FCA?**
No, and it does not need to be. Credicorp Limited lends only to bodies corporate — UK limited companies and LLPs. Under [Article 60B of the FSMA Regulated Activities Order 2001](https://www.legislation.gov.uk/uksi/2001/544/article/60B), lending to a body corporate is not a regulated "credit agreement", so providing it is not a regulated activity and no FCA authorisation is required. We say this plainly rather than implying an authorisation we do not hold.
**Can I complain to the Financial Ombudsman Service or claim from the FSCS?**
Not for this business lending. The Financial Ombudsman Service and the Financial Services Compensation Scheme are part of the regulated consumer-credit framework. Because lending to a body corporate falls outside that framework, neither the FOS nor the FSCS applies to Credicorp's business lending. If you have a concern, you raise it with Credicorp directly through the customer site.
**Is this consumer credit, a payday loan or a personal loan?**
No. These are business-credit products provided to incorporated businesses. They are not consumer credit, not payday loans and not personal loans. The borrower is always the company, not an individual, a sole trader or a director borrowing in their own name.
**Do you take a personal guarantee from the director?**
No. No personal guarantee is taken on the products. The agreement is between Credicorp Limited and your company, so there is no charge over a director's home and no personal credit agreement in a director's own name.
## Where to borrow
Every customer action — apply, quote, portal, support — happens on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/). This Creditcorp site is a front door only; it never takes applications, prices loans or accepts payments.
## Make sure you have the right Credicorp
Creditcorp Group = **Credicorp Limited** (UK, 16093826) + **CM Beyer Limited** (UK, 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/faq/
========================================================================
---
title: "FAQ — Creditcorp, the Credicorp group"
description: "Plain-English answers about the Creditcorp name and the Credicorp group — is Creditcorp the same as Credicorp, why the new name, does my loan change, where to apply (credicorp.co.uk), who CM Beyer is, and whether this is FCA-regulated consumer credit. It is not."
canonical: "https://creditcorp.co.uk/faq/"
locale: "en-GB"
updated: "2026-06-20"
---
# FAQ
> Plain-English answers to the questions people actually arrive with. This site (**creditcorp.co.uk**, *with* a "t") is the front door; every customer action routes to the operating lender, [credicorp.co.uk](https://credicorp.co.uk/) (*no* "t").
**Canonical URL:**
**Last updated:** 20 June 2026
---
**Is Creditcorp the same as Credicorp?**
Yes — same group, same team, same lender. *Creditcorp* (with a "t") is the growing name on the door for the Credicorp group. The lender you actually borrow from is **Credicorp Limited** (no "t"), Companies House 16093826, trading at [credicorp.co.uk](https://credicorp.co.uk/). Nothing about how we lend has changed.
**Why the new name?**
Because the group is growing. The new *Creditcorp* wordmark was filed with the UK Intellectual Property Office on 28 April 2026 to carry a wider, customer-facing group identity. The original *Credicorp* mark continues in force, exactly as before. Two related marks within one UK group, both in genuine use, side by side under a written coexistence agreement.
**Does my loan or account change?**
No. Nothing changes for existing customers. Your loan agreement, statements, payment arrangements and customer portal all stay exactly where they are, on the lender's own site at [credicorp.co.uk](https://credicorp.co.uk/). If anything ever did change, the lender would tell you directly, first.
**Where do I apply?**
On the lender's own site, not here. Start at [credicorp.co.uk/apply](https://credicorp.co.uk/apply/), or look at a product first via [credicorp.co.uk/business-loans](https://credicorp.co.uk/business-loans/). This Creditcorp site is a front door — it explains the group and points the way, but it never takes applications or payments.
**Who is CM Beyer?**
CM Beyer Limited (Companies House 17009212) is the group's brand and marketing arm and the applicant for the new *Creditcorp* trade mark. It shares a single sole director with Credicorp Limited, the lender. It is the publisher of this front-door site.
**Is this FCA-regulated consumer credit?**
No. Credicorp Limited lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, that lending is not a regulated "credit agreement", so no FCA authorisation is required and the FOS and FSCS do not apply. It is business lending, not consumer credit. See [Lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
**Can I see the trade-mark documents?**
Yes — both marks are on the public UK IPO register: Credicorp [UK00004156742](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004156742) (registered) and Creditcorp [UK00004379570](https://trademarks.ipo.gov.uk/ipo-tmcase/page/Results/1/UK00004379570) (application published). The fuller comparison and the coexistence agreement summary live on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
## Make sure you have the right Credicorp
Creditcorp Group = **Credicorp Limited** (UK, 16093826) + **CM Beyer Limited** (UK, 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/contact/
========================================================================
---
title: "Contact Creditcorp — where every enquiry goes"
description: "Creditcorp is a brand front door, so there is no phone, email or form here. Apply, quotes, the portal, support and complaints all live on the operator, credicorp.co.uk. Brand, press and trade-mark enquiries go via the group site and our UK IPO representative."
canonical: "https://creditcorp.co.uk/contact/"
locale: "en-GB"
updated: "2026-06-20"
---
# Contact — where every enquiry goes
> This Creditcorp site is a brand front door: there is no phone, email or web form here. What you need decides where you go. Every active customer channel lives on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/).
**Canonical URL:**
**Last updated:** 20 June 2026
---
## Customer channels (on the lender, credicorp.co.uk)
- **Start an application / get a quote:** [credicorp.co.uk/apply](https://credicorp.co.uk/apply/)
- **Talk to a person (phone, email, post):** [credicorp.co.uk/contact-us](https://credicorp.co.uk/contact-us/)
- **Manage your loan (customer portal):** [credicorp.co.uk/portal](https://credicorp.co.uk/portal/)
## Brand, press and group enquiries
- **Full group & legal story:** [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/) — companies, trade marks, lending & regulation, news.
- **Group contact:** [creditcorpgroup.co.uk/contact](https://creditcorpgroup.co.uk/contact/)
## Trade-mark queries
The UK IPO representative for both group trade marks is **Trama Legal s.r.o.**, 86–90 Paul Street, London EC2A 4NE, United Kingdom — named on the UKIPO register and in clause 16.2 of the coexistence agreement.
## Registered office
**Credicorp Limited:** Suite AU31848, 9 Skyport Drive, Harmondsworth, West Drayton UB7 0LB, United Kingdom (ICO ZC157682).
**CM Beyer Limited:** Suite 53c, Unimix House, Abbey Road, London NW10 7TR, United Kingdom — group correspondence address.
## Make sure you have the right Credicorp
Creditcorp Group = **Credicorp Limited** (UK, 16093826) + **CM Beyer Limited** (UK, 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/how-it-works/
========================================================================
---
title: "How it works — getting business finance through Credicorp"
description: "A friendly, plain-English walkthrough of how a UK company gets short-term business finance through Credicorp — pick a product, apply in about five minutes, a real person reviews it, you sign, the funds land. Every step happens on the lender, credicorp.co.uk."
canonical: "https://creditcorp.co.uk/how-it-works/"
locale: "en-GB"
updated: "2026-06-21"
---
# How it 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 operating lender's own site — this page just shows you the shape of it first. When you're ready, you apply at [credicorp.co.uk](https://credicorp.co.uk/apply/).
**Canonical URL:**
**Last updated:** 21 June 2026
---
## 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
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? [Compare the three](https://credicorp.co.uk/compare/).
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 application](https://credicorp.co.uk/apply/).
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.
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're happy.
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](https://credicorp.co.uk/portal/).
## Which funding fits?
Three simple shapes. Pick by the job you need doing — then open it on the lender's site.
- **[Business Bridging Loan](https://credicorp.co.uk/business-loans/)** — pick if you need one lump sum for a one-off job.
- **[Credicorp Flex](https://credicorp.co.uk/business-credit-facility/)** — pick if you want a credit line to dip into as cash flow moves.
- **[Credicorp Slice](https://credicorp.co.uk/credicorp-slice/)** — pick if you want to spread a single supplier bill.
A friendlier product rundown: [Products](https://creditcorp.co.uk/products/). Or [compare all three](https://credicorp.co.uk/compare/) on the lender's site.
## 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](https://credicorp.co.uk/apply/) walks you through each box.
## 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](https://www.legislation.gov.uk/uksi/2001/544/article/60B), 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. The full plain-English explainer is on the group site: [Lending and regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Where to go next
- **The plain-English intro:** [What is Creditcorp?](https://creditcorp.co.uk/what-is-creditcorp/)
- **Why the new name:** [The name change](https://creditcorp.co.uk/the-name/)
- **Start now:** [Apply at credicorp.co.uk](https://credicorp.co.uk/apply/).
- **Manage an account:** [Customer portal](https://credicorp.co.uk/portal/).
## Make sure you have the right Credicorp
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Registered in England and Wales. Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/the-name/
========================================================================
---
title: "The name change — Credicorp is becoming Creditcorp"
description: "Credicorp is becoming Creditcorp — the same British group, a clearer name. The plain-English story: why the new name exists, what it changes (very little), and what it doesn't. For now the two run side by side; to borrow, you still go to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/the-name/"
locale: "en-GB"
updated: "2026-06-21"
---
# The name change: Credicorp is becoming Creditcorp
> **Credicorp is becoming Creditcorp** — the same British group, the same team, a clearer name to grow into. It is a gentle change, and it is *underway rather than done*: for now the two names run side by side, and to borrow you still go to [credicorp.co.uk](https://credicorp.co.uk/). This is the friendly version; the full trade-mark and coexistence detail lives on the group site, [creditcorpgroup.co.uk/trade-marks](https://creditcorpgroup.co.uk/trade-marks/).
**Canonical URL:**
**Last updated:** 21 June 2026
---
## A clearer name, growing out of the original
**Credicorp** → **Creditcorp**. A small tidy-up to the name — nothing more dramatic than that.
Credicorp is the name the lender has traded under from the start. It is a registered UK trade mark and the name on every live product, and it isn't going anywhere. Creditcorp is the same group wearing a slightly roomier coat: a clear, memorable name for the brand to grow into over time.
Crucially, this is a **direction of travel, not a finished switch**. Right now the two names are kept deliberately separate — Credicorp runs all the live lending, and this site simply introduces the emerging Creditcorp name. Whichever name brought you here, you're in the right place.
## Where each name lives, today
| Domain | Role today |
| --- | --- |
| **credicorp.co.uk** — the live lender | The live operating lender, run by Credicorp Limited. Every customer action — apply, quote, sign in, support. Use this one if you're here to borrow. |
| **creditcorp.co.uk** — this brand site | The accessible introduction to the emerging Creditcorp name. It doesn't take applications. |
| **creditcorpgroup.co.uk** | The group & legal home — companies, trade marks, the coexistence agreement and the regulatory position, in full. |
## What changes — and what doesn't
**What's changing**
- The brand name the group is growing into: *Creditcorp*.
- This new front-door site, introducing that name in plain English.
- A second wordmark — the *Creditcorp* trade-mark application — sitting alongside the original.
**What stays exactly the same**
- **How you borrow.** Apply, sign in and get support at credicorp.co.uk, just as before.
- **Your account and agreement.** Nothing to re-sign, nothing to move.
- **The lender.** Still Credicorp Limited; still the registered *Credicorp* mark on every product.
- **The team.** Same people, same group. Credicorp Limited’s registered office is in Harmondsworth; CM Beyer Limited’s is in London.
## Two names, kept tidy on paper
Because both names are in use while the change unfolds, the two companies put it in writing.
| Mark | Status | Held / filed by |
| --- | --- | --- |
| **Credicorp** — the original | Registered (23 May 2025), UK00004156742 | Credicorp Limited |
| **Creditcorp** — the new one | Application published (15 May 2026), UK00004379570 — pending | CM Beyer Limited |
The two wordmarks operate under a Mutual Trade Mark Coexistence, Consent & Licensing Agreement (English law, dated 30 April 2026) between Credicorp Limited and CM Beyer Limited, with full cross-licensing of both marks. That's simply the tidy paperwork behind "same group, two names." Full comparison and the agreement detail: [Trade marks at creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/trade-marks/).
## Common questions
**Has Credicorp already changed its name to Creditcorp?** Not yet. Credicorp is becoming Creditcorp — that is the direction of travel, not a finished switch. For now the two names run separately: Credicorp is the live operating lender at credicorp.co.uk, and Creditcorp is the emerging name this front-door site introduces.
**Do I need to do anything because of the name?** No. Nothing about your account, your agreement or how you borrow changes. You still apply, sign in and get support at credicorp.co.uk exactly as before. The Credicorp name remains a registered UK trade mark and the name on every live product.
**Why a new name at all?** Creditcorp is a clearer, more memorable name for the group to grow into over time. The two companies signed a written coexistence agreement so the Credicorp and Creditcorp names sit happily side by side while the change unfolds.
## Where to go next
- **The plain-English intro:** [What is Creditcorp?](https://creditcorp.co.uk/what-is-creditcorp/)
- **How you get funded:** [How it works](https://creditcorp.co.uk/how-it-works/)
- **Borrow / customer services:** [credicorp.co.uk](https://credicorp.co.uk/).
- **The full trade-mark & legal detail:** [creditcorpgroup.co.uk/trade-marks](https://creditcorpgroup.co.uk/trade-marks/).
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Registered in England and Wales. Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/what-is-creditcorp/
========================================================================
---
title: "What is Creditcorp? A plain-English one-minute answer"
description: "Just met the name? Creditcorp is the growing brand name for a British lending group, part of the CM Beyer brand family, whose lender, Credicorp, gives short-term funding to UK companies. The whole thing in a minute — and the one place you actually borrow: credicorp.co.uk."
canonical: "https://creditcorp.co.uk/what-is-creditcorp/"
locale: "en-GB"
updated: "2026-06-21"
---
# What is Creditcorp?
> **The one-minute answer:** Creditcorp is the growing brand name for a British lending group of two companies, part of the wider CM Beyer brand family. **Credicorp Limited** is the lender — short-term funding for UK limited companies and LLPs. **CM Beyer Limited** looks after the brand and holds the published application for the newer *Creditcorp* spelling. Here to borrow? You want Credicorp, and it is a click away at [credicorp.co.uk](https://credicorp.co.uk/).
**Canonical URL:**
**Last updated:** 21 June 2026
This is the friendly, plain-English intro for anyone who has just come across the name. For the formal, detailed version — company numbers, the coexistence agreement, the regulatory position — see [About Creditcorp Group](https://creditcorpgroup.co.uk/about/) on the group site.
---
## Creditcorp in a minute
- **Who** — a UK group of two companies, part of the wider CM Beyer brand family, run by the same person. *Credicorp Limited* does the lending; *CM Beyer Limited* looks after the brand.
- **What** — short-term working capital for UK companies and LLPs: a bridging loan, a flexible credit line (Credicorp Flex), or a way to split a supplier bill (Credicorp Slice). Lending to businesses, never to consumers.
- **Where** — everything customers do (apply, quote, sign in, get help) happens at [credicorp.co.uk](https://credicorp.co.uk/). This page is just the front door for the name.
- **The little "t"** — you'll see two spellings. *Credicorp* is becoming *Creditcorp* — same group, roomier name. See [The name change](https://creditcorp.co.uk/the-name/).
## If a friend asked you to sum it up
"Creditcorp is a British lending group. Their company Credicorp lends short-term money to UK businesses — not to ordinary people — and you sort everything out on their site, credicorp.co.uk." That's it. You now know what Creditcorp is.
## And what Creditcorp *isn't*
- **Not a consumer lender.** Credicorp lends only to UK limited companies and LLPs — the business borrows, never an individual. No personal guarantee on the products.
- **Not a payday loan for people.** This is short-term *business* finance: working capital for a company that needs it.
- **Not the same as the lookalikes.** It is not the Peru/Bermuda Credicorp (NYSE: BAP), not Credicorp Nigeria, and not Australia's Credit Corp Group (ASX: CCP).
- **Not where you apply.** You don't borrow here. The live lender, with every product and the application, is [credicorp.co.uk](https://credicorp.co.uk/).
## What it actually lends
Three simple shapes of business funding. Each links to the live product page on the lender's site.
- **[Business Bridging Loan](https://credicorp.co.uk/business-loans/)** — short-term funding for UK Ltd, LLP & PLC borrowers.
- **[Credicorp Flex](https://credicorp.co.uk/business-credit-facility/)** — a revolving credit facility for incorporated businesses.
- **[Credicorp Slice](https://credicorp.co.uk/credicorp-slice/)** — split a supplier bill into instalments; flat fee, no personal guarantee.
A friendlier look at all three: [Products](https://creditcorp.co.uk/products/).
## Common questions
**Is Creditcorp the same as Credicorp?** It is the same group. Credicorp (no "t") is the live operating lender and a registered UK trade mark; Creditcorp (with a "t") is the newer name the group is growing into. Credicorp is becoming Creditcorp — for now they run side by side under a written coexistence agreement, and to borrow you still go to credicorp.co.uk.
**What does Creditcorp do?** Through Credicorp Limited it lends short-term working capital to UK businesses — a bridging loan, a revolving facility (Credicorp Flex), or Credicorp Slice to split a supplier bill. It lends to companies, never to consumers.
**Where do I actually borrow?** Everything customers do happens on the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This site is just the front door for the name.
## Make sure you have the right Credicorp
Creditcorp Group refers to **Credicorp Limited** (UK, company no. 16093826) and **CM Beyer Limited** (UK, company no. 17009212), together with the group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru and Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate and unrelated company.
## Where to go next
- **Why the new name:** [The name change](https://creditcorp.co.uk/the-name/) — Credicorp is becoming Creditcorp.
- **How you get funded:** [How it works](https://creditcorp.co.uk/how-it-works/) — the five-step overview.
- **Borrow / customer services:** [credicorp.co.uk](https://credicorp.co.uk/).
- **The full group & legal story:** [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Registered in England and Wales. Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/search/
========================================================================
# Search Creditcorp
Search creditcorp.co.uk — the Creditcorp group front door.
**URL:** `https://creditcorp.co.uk/search/`
**Parameter:** `?q=` (URL-encoded search terms)
The search page filters every page on creditcorp.co.uk using a client-side index — no server round-trip, no tracking. The index loads with the page.
## What you can find
- **Products** — Flex working capital facility and Bridging loan
- **Companies** — Credicorp Limited (Companies House 16093826) and CM Beyer Limited (Companies House 17009212)
- **Trade marks** — CrediCorp (UK00004156742, Classes 36 & 45) and CREDITCORP (UK00004379570, Classes 35 & 36)
- **Lending and regulation** — Article 60B FSMA RAO 2001; body-corporate lending outside the consumer-credit regime
- **FAQs** — Common questions about the Creditcorp brand, lending, and the route to credicorp.co.uk
## Example queries
- `flex` → Flex working capital product page
- `bridging` → Bridging loan product page
- `FCA` → Lending and regulation page
- `credicorp` → Company information and the active lender at credicorp.co.uk
---
*Creditcorp is the front door for the Credicorp group. To apply for a loan, visit [credicorp.co.uk](https://credicorp.co.uk/).*
========================================================================
# PAGE: https://corp.creditcorp.co.uk/learn/
========================================================================
# Learn how the lending works.
Short, jargon-free explainers for the directors of UK companies — what each product is, how it is priced, what "no personal guarantee" really means, and how a lender decides you can afford to repay. On every product, **the company borrows, never you personally**.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses.
These guides are here to explain that lending plainly, before you go anywhere near an application. Each one takes a single idea — a product, a piece of jargon, a step in the process — and sets it out in everyday language, with the exact published terms where they matter. They are a companion to the [products page](/products/) and the [industry guides](/industries/): where those describe *what* the products are and *who* they suit, these explain *how* they actually work.
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home and no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance. When you are ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
## Start with a guide
Each guide stands on its own. Read the one that answers the question in front of you, or work through them in order.
### How business bridging loans work
What a Business Bridging Loan is, the exact terms, a worked example, and when a single fixed-term lump sum fits — and when it does not.
### What a revolving credit facility is
Credicorp Flex explained: a limit you draw, repay and redraw, with interest on the drawn balance only, on a rolling 14-day cycle.
### No personal guarantee — what it means
Why the company is the only obligor, how that differs from secured or guaranteed lending, and what it changes for a director.
### How affordability is assessed
How the operator works out whether a company can afford to repay — bank statements, Open Banking, business bureaux, and human review.
### What is a director's loan
What a DLA is, the 9-month Section 455 repayment clock, and when a Credicorp company loan is the cleaner, lower-risk answer.
### How to improve your business credit score
Eight practical steps — payment history, CCJ satisfaction, filed accounts, credit utilisation and more — before applying for business finance.
## Understanding your options
The concepts behind short-term company finance — what the different forms are, how to choose, and when borrowing is (and isn't) the right answer.
### Short-term vs long-term business finance
Matching the term of borrowing to the life of the need — when a short bridge fits and when a longer SME term loan is the right shape.
### A loan or a facility
Fixed-sum advance versus revolving line of credit — what each shape of product is and which kind of need each fits.
### The cash-flow gap, explained
Why a profitable company can still run short of cash, and where a short company bridge fits in the cash conversion cycle.
### When a short bridge makes sense
The situations where a bridging loan is the right tool — a defined gap, a known repayment source and a time-boxed need.
### Is short-term borrowing right for you?
An honest decision aid — the questions to ask before borrowing, when *not* to borrow, and cheaper alternatives to check first.
### Business finance jargon buster
Plain-English definitions of common UK business finance terms — body corporate, Article 60B, APR vs flat fee, drawdown, debenture and more.
### Business finance myths
Correcting common misconceptions about short-term company finance — personal guarantees, APR, who actually lends to companies, and more.
### The 100% cost cap
The hard ceiling across all three Credicorp products — the total cost of credit never exceeds the amount borrowed, with worked examples.
### Early repayment explained
What happens when a company repays before the term ends — any early-settlement charge, how daily interest rewards early repayment, and the Slice unused-fee refund.
## The process, step by step
What happens from first look to funds in the bank — what you need to prepare, what the lender checks, and what the contract looks like.
### What you need to apply
A checklist of company details, a UK business bank account, roughly six months of statements, director details and ID that Credicorp asks for.
### Preparing your company to borrow
Practical steps to be ready before you apply — Companies House filings current, a dedicated business account, a clear need and a clear repayment.
### How a lending decision is made
From application to outcome, step by step — company checks, affordability, human review, and what happens if the answer is no.
### How funds reach your account
Payment timelines and what happens after approval — signing, funds to your company bank account, and typical same-working-day timing.
### Reading your own bank statements
What lenders look for in roughly six months of company statements — balance shape, income pattern, commitments and end-of-period pressure.
### What Open Banking shares
Read-only access to business bank statements — what is and isn't visible to a lender, and how it speeds a decision without PDFs.
### What business credit bureaux see
What Experian, Equifax, Creditsafe and Dun & Bradstreet hold on a UK company file, and why it is separate from a director's personal file.
### What a business loan agreement covers
The key clauses of a company loan contract — parties, amount, charges, term, repayment, default and the company as sole obligor.
### What no charge over your home means
Credicorp takes no security over personal or residential property — what this means in practice and how it differs from lenders who do.
## Keep exploring
The guides sit alongside the rest of the site. These are the places worth knowing about.
### The products
The Business Bridging Loan, Credicorp Flex and Credicorp Slice, with the full published terms for each and a side-by-side table.
### Funding by industry
How short-term finance fits thirty-eight UK sectors, from retail and construction to childcare and veterinary practices.
### Tools
Plain calculators and quick references to help you picture the cost and the fit before you go to the lender to apply.
### Compare the three
The lender's own compare page lays the Loan, Flex and Slice next to each other — amounts, pricing and terms in one view.
## Where to go next
If a guide has answered your question, the next step is the lender's own site. Applying, drawing down and managing an account all happen on [credicorp.co.uk](https://credicorp.co.uk/); this site never takes applications. To understand why this lending sits outside the consumer-credit regime, see [lending and regulation](/lending-and-regulation/). The deeper group, company and trade-mark story lives on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
[Explore business loans at credicorp.co.uk →](https://credicorp.co.uk/business-loans/)
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# PAGE: https://corp.creditcorp.co.uk/learn/how-business-bridging-loans-work/
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# How business bridging loans work.
The simplest of the three Credicorp products: a fixed sum into the company account, repaid over a short fixed term. This guide explains exactly what it is, what it costs, and where it fits — and on every loan, **the company borrows, never you personally**.
A bridging loan does one job: it bridges a gap. Money has to go out now — for stock, a deposit, a repair — but the money to cover it is a few weeks away. The loan closes that gap, and you repay it as the expected cash arrives.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. Its Business Bridging Loan is short-term working capital for incorporated UK businesses, and nothing more complicated than that. This page is a guide, not an application — when you are ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/business-loans/).
The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal loan, a payday loan or sole-trader finance.
## What a bridging loan actually is
Strip away the jargon and it is a very ordinary idea.
You agree an amount and a term up front. The full sum lands in your business bank account in one go. From that day, interest accrues on the balance still outstanding, and you repay in instalments across the term — weekly or fortnightly, whichever suits the business — until the balance reaches zero. There is no open-ended commitment and nothing to redraw: once it is repaid, it is finished.
Because it is a single, fixed sum for a single, known purpose, a bridging loan suits a gap you can put a figure on. You know how much you need, you know roughly when the cash to repay it will arrive, and you want the certainty of a fixed term rather than a facility you keep open.
## The terms, in plain English
The published terms for the Business Bridging Loan. These are the lender's figures and can change, so always check the live product page before you apply.
- **Amount:** £50 to £500.
- **Term:** 14 to 84 days, fixed at the outset.
- **Interest:** 0.25% per day on the outstanding principal — as you pay it down, the daily cost falls.
- **Establishment fee:** a one-time £5, charged once.
- **Cost cap:** the total cost never exceeds 100% of the principal.
- **Repayments:** weekly or fortnightly, whichever suits the business.
- **Personal guarantee:** none — the agreement is between Credicorp and your company.
- **Who can borrow:** UK limited companies, LLPs and PLCs only. Never a sole trader or an individual.
## A worked example
An illustration, not a real customer and not a quote — just to show the shape of it.
A small homewares company, trading as a UK limited company, lands a confirmed order from a trade buyer. To fulfil it, the company needs to pay a supplier for stock now, but the buyer pays on its own terms a few weeks later. The gap is clear and time-boxed: money out today, money in within the month.
The company takes a Business Bridging Loan to cover the stock. The full sum arrives in the business account, the supplier is paid, and the order ships. Interest accrues at 0.25% a day on the balance still outstanding, with a single £5 establishment fee at the start. The company repays in fortnightly instalments across a short fixed term, and because each payment reduces the principal, the daily interest falls as the balance comes down. When the trade buyer pays, the loan is cleared and the matter is closed — no facility left open, no personal guarantee given, and the total cost capped at 100% of what was borrowed.
## When it fits — and when it does not
A bridging loan is the right tool for some jobs and the wrong one for others. Knowing the difference saves you money.
### It fits when…
- The need is **one-off and time-boxed** — you can name the amount and roughly the date you will repay.
- You are funding a **known cost**: a confirmed order's stock, a supplier deposit, an unavoidable repair.
- You want the **certainty of a fixed term** rather than a facility you keep open.
- The repayment is in sight — a customer payment, a sale, a season's takings — so the bridge has something solid to land on.
### It does not fit when…
- The need is **ongoing and uneven** — if you dip in and out month to month, the revolving [Credicorp Flex facility](/learn/what-a-revolving-credit-facility-is/) usually fits better.
- You simply want to **spread a single supplier invoice** — that is what [Credicorp Slice](https://credicorp.co.uk/credicorp-slice/) is for.
- There is **no clear source of repayment** — a bridge needs something to bridge to.
- You are a **sole trader** or want to borrow personally — this is business credit to a body corporate only.
[Compare all three products →](https://credicorp.co.uk/compare/)
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated consumer-credit agreement, so this is business credit rather than consumer credit, and it is not for sole traders or for borrowing in a personal name. The full position is set out on [lending and regulation](/lending-and-regulation/).
## Bridging loan questions
The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk.
It is a single, fixed-sum loan to a company, paid into the business bank account and repaid over a short, fixed term — used to bridge a known gap between money going out now and money arriving a little later.
Interest is 0.25% a day on the outstanding principal, so as you pay the balance down the daily cost falls. There is a one-time £5 establishment fee. Whatever happens, the total cost is capped at 100% of the amount you borrowed — the lender publishes the live figures, which can change, so always check before you apply.
No. The agreement is between Credicorp Limited and your company. There is no personal guarantee, no charge over a home and no personal credit check on a director. The company is the only borrower.
When the need is open-ended rather than a one-off — if you dip in and out month to month, a revolving facility usually fits better. It is also not for a single supplier invoice you simply want to spread, which is what Credicorp Slice is for. And it is never for borrowing in a personal name; this is business credit to a body corporate only.
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, credicorp.co.uk.
## Where to go next
If a fixed-term lump sum is not quite the shape you need, the companion guides cover the alternatives: [what a revolving credit facility is](/learn/what-a-revolving-credit-facility-is/) explains drawing and redrawing as you go, and [no personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/) unpacks why the company is the only obligor. The full terms for all three products are on the [products page](/products/), and the whole series sits on the [Learn hub](/learn/).
[See the Business Bridging Loan at credicorp.co.uk →](https://credicorp.co.uk/business-loans/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-a-revolving-credit-facility-is/
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# What a revolving credit facility is.
Credit on tap, rather than a loan with an end date. Draw what you need, repay it, draw again — and pay interest only on the part you have actually drawn. This guide explains how Credicorp Flex works, and on every facility, **the company borrows, never you personally**.
A revolving credit facility is a set limit your company can dip into whenever it needs to. The defining feature is in the word "revolving": as you repay what you have drawn, that credit becomes available again, so the same facility can be used over and over.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. Its revolving facility is called Credicorp Flex, and it is built for the cash flow that never looks the same two months running. This page is a guide, not an application — when you are ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/business-credit-facility/).
The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal credit card, an overdraft in your own name, a payday loan or sole-trader finance.
## Draw, repay, redraw
The whole idea, in three movements.
### The limit
A credit limit is set for the company — the most you can have drawn at any one time. The limit is a ceiling, not a balance: it does not cost you anything simply to have it. You only ever pay for credit you actually use.
### Drawing
When the company needs funds, it draws against the limit — some of it or all of it. The drawn amount lands in the business account and the drawn balance starts to accrue interest from that point. You can make several drawings over time, up to the limit.
### Repaying and redrawing
As the company repays, the drawn balance falls — and the credit you have paid back becomes available to draw again. That is the revolving part: one facility you keep open, dipping in for a peak and paying down in the quiet weeks, without arranging fresh finance each time.
## Interest on the drawn balance only
This is the part that catches people out, in a good way. Interest is charged at 0.25% a day on the **drawn** balance — the money you have actually taken — and not on the limit as a whole. Undrawn credit costs nothing at all.
So a facility can sit ready and unused at no cost, and the moment you repay part of what you have drawn, the daily interest falls to match the lower balance. Paying down quickly is rewarded directly, because the cost tracks the balance day by day.
## The 14-day cycle and the minimum payment
The published terms for Credicorp Flex. These are the lender's figures and can change, so always check the live product page before you apply.
- **Credit limit:** £50 to £500.
- **Interest:** 0.25% per day on the drawn balance only — undrawn credit costs nothing.
- **Establishment fee:** a one-time £5, charged on your first drawdown.
- **Cost cap:** 100% per drawing.
- **Term:** ongoing, for as long as the facility stays in good standing.
- **Cycle:** 14 days.
- **Minimum each cycle:** 10% of the drawn balance, or £20 — whichever is greater.
- **Personal guarantee:** none.
- **Who can borrow:** UK limited companies, LLPs and PLCs only. Never a sole trader or an individual.
## A worked example
An illustration, not a real customer and not a quote — just to show the shape of it.
A small catering company, trading as a UK limited company, has a credit limit in place. Its work comes in waves: a busy fortnight of events, then a quiet stretch before the next round of bookings is invoiced and paid. Rather than arranging a new loan each time, it keeps a Flex facility open.
Before a busy run, the company draws part of the limit to buy stock and cover staff. Interest accrues at 0.25% a day on just that drawn amount — not the whole limit. Each 14-day cycle it pays at least the minimum, and when the event invoices are paid it clears most of the balance, which drops the daily interest and frees the credit to draw again for the next run. The undrawn portion, sitting in reserve between busy spells, costs nothing. The facility is with the company, so the director gives no personal guarantee. This is illustrative only — real figures are set by the lender at [credicorp.co.uk](https://credicorp.co.uk/business-credit-facility/).
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated consumer-credit agreement, so this is business credit rather than consumer credit, and it is not for sole traders or for borrowing in a personal name. The full position is set out on [lending and regulation](/lending-and-regulation/).
## Revolving facility questions
The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk.
It means the credit replenishes as you repay. With a fixed-term loan, once you have repaid it is finished. With a revolving facility, repaying frees the credit up again, so you can draw, repay and redraw within your limit as many times as you need, for as long as the facility stays in good standing.
No. Interest is charged only on the part you have actually drawn — 0.25% a day on the drawn balance. Undrawn credit costs nothing. If your limit is set and you draw none of it, there is no interest to pay.
On a 14-day cycle, the minimum payment is 10% of the drawn balance or £20, whichever is greater. You can always pay more, which reduces the drawn balance and therefore the interest that accrues.
A bridging loan is a single fixed sum for a one-off, time-boxed need, repaid over a fixed term and then closed. A revolving facility stays open and suits uneven, recurring needs — you draw when you need to and repay when you can. If your need is a single known cost, the bridging loan is usually simpler.
No. The facility is between Credicorp Limited and your company. There is no personal guarantee, no charge over a home and no personal credit check on a director. The company is the only borrower.
## Where to go next
If a single fixed sum suits you better than a facility you keep open, see [how business bridging loans work](/learn/how-business-bridging-loans-work/). To understand why the director signs no personal guarantee, read [no personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/). The full terms for all three products are on the [products page](/products/), and the whole series sits on the [Learn hub](/learn/).
[Open a Flex facility at credicorp.co.uk →](https://credicorp.co.uk/business-credit-facility/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/no-personal-guarantee-what-it-means/
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# No personal guarantee — what it means.
It is a short phrase that carries a lot of weight. With Credicorp, **the company borrows, never you personally**. This guide explains exactly what that means for a director — how it differs from secured and guaranteed lending, and why the company is the only obligor.
When you incorporate a company, you create a separate legal person. The company owns its assets, signs its own contracts and owes its own debts. A personal guarantee deliberately reaches back across that line — and "no personal guarantee" means the line stays where it is.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. Every one of its products is lent to the company alone. This page explains what that protects, and what it does not — plainly, and without overstating it. It is general information, not legal advice; for your own position, take your own advice.
The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC. This is **not** a personal loan, a payday loan or sole-trader finance, and when you are ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
## What a personal guarantee usually is
To see what "none" means, it helps to picture what is being left out.
A personal guarantee is a separate promise, signed by an individual — almost always a director or owner — to step in and repay the company's debt personally if the company itself cannot. It is a common condition on business borrowing: a bank or broker lends to the company, but asks a director to stand behind it so the lender has a second person to pursue.
The effect is to dissolve, for that debt, the separation that incorporation was meant to create. A guaranteed business loan that goes wrong can become a personal claim against the director — and where the guarantee is paired with a charge over the family home, the home can be at stake. That is a heavy thing to sign, particularly in a trade where one disputed invoice can swing a year's numbers.
## Secured, guaranteed, and the Credicorp model
Three ways a lender can protect itself — and which one applies here.
### Secured lending
The lender takes a charge over an asset — property, plant, a debenture over the company's assets. If the loan is not repaid, the lender can look to that asset. The security might be the company's, or it might be the director's own, such as a charge over a home.
### Guaranteed lending
The lender takes a personal guarantee from a director, so a second person stands behind the company's debt. The company is still the borrower, but the director has promised to pay personally if it does not.
### The Credicorp model
Neither of the above. Credicorp lends to the company on the strength of the company's own trading position, with:
- **No personal guarantee** — no director stands behind the debt personally.
- **No charge over a home** — the director's house is not security for the company's borrowing.
- **No personal credit check** on a director — the assessment is of the business.
- **The company as sole obligor** — the agreement is between Credicorp and the company, full stop.
In short, the company borrows on its own account, and the separation that incorporation gives you is left intact.
## Why the company is the only obligor
An "obligor" is simply the party that owes the debt. Under a Credicorp agreement, that is the company alone. When a director signs, they sign as an officer acting for the company — the way they would sign any company contract — not as a personal co-borrower or guarantor. The signature binds the business, not the individual behind it.
This flows directly from how Credicorp lends. Because it lends only to bodies corporate, the company is always the counterparty, and the lender's recourse runs to the company's own position rather than to a director's personal assets. Directors still owe their ordinary legal duties — to the company, and in difficulty to its creditors — and this page does not change any of that; but a Credicorp loan does not, by itself, sit on a director's own shoulders the way a guaranteed loan does.
## What it does — and does not — mean
Worth being clear on both sides, so the phrase is not read as more than it is.
### What it means
- The director is **not a personal guarantor** of the company's loan.
- There is **no charge over the director's home** or personal assets.
- The lender's recourse is to the **company**, not to the individual.
- The director's **personal credit file** is not checked for this lending.
### What it does not mean
- It is **not** "free money" or a loan that need not be repaid — the company still owes it in full.
- It does **not** remove a director's ordinary legal duties to the company and its creditors.
- It does **not** make the lending available to individuals or sole traders — it is for bodies corporate only.
- It is **not** legal advice. For your own circumstances, take your own.
[How Credicorp lends →](https://credicorp.co.uk/how-we-lend/)
## Why the model is built this way
Lending to the company alone is part of a single, consistent position: Credicorp lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated consumer-credit agreement, so this is business credit rather than consumer credit, and it is not for sole traders or for borrowing in a personal name. The full position is set out on [lending and regulation](/lending-and-regulation/).
## Personal guarantee questions
The questions directors ask most. This is general information, not legal advice; for your own situation, the lender's team are at credicorp.co.uk.
A personal guarantee is a separate promise by an individual — usually a director — to repay a company's debt personally if the company cannot. It turns a company obligation into a personal one, and can put personal assets at risk. Credicorp does not ask for one.
The company, and only the company. The agreement is between Credicorp Limited and your UK limited company, LLP or PLC. The director who signs does so on the company's behalf, as its officer — not as a personal guarantor.
No. There is no charge over a home and no security taken over the director's personal assets. This is unsecured lending to the company, assessed on the company's own trading position.
No personal credit check is run on a director for this lending. The assessment looks at the business — its bank statements, its track record and business credit information — not a director's own consumer file.
Because there is no personal guarantee, the lender's recourse is to the company, not to the director personally. Directors still owe their ordinary legal duties to the company and its creditors, but a missed business loan does not, by itself, become a personal debt the way a guaranteed loan would. For your own situation, take your own legal advice.
## Where to go next
To see how the lending itself is priced and structured, read [how business bridging loans work](/learn/how-business-bridging-loans-work/) and [what a revolving credit facility is](/learn/what-a-revolving-credit-facility-is/). To understand how the lender decides a company can afford to repay without leaning on a director, see [how affordability is assessed](/learn/how-affordability-is-assessed/). The whole series sits on the [Learn hub](/learn/).
[See how Credicorp lends at credicorp.co.uk →](https://credicorp.co.uk/how-we-lend/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/how-affordability-is-assessed/
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# How affordability is assessed.
Before lending, a responsible lender works out whether a business can comfortably repay. This guide explains how that is done — the business bank statements, Open Banking, business bureaux and track record behind the decision, the people who review it, and your right to human review.
Affordability is a simple question with a careful answer: can this company comfortably repay what it is asking to borrow, on the terms offered, without putting itself under strain? Getting that right protects the business as much as the lender.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page explains, in plain English, how the operating lender approaches that question. The assessment itself happens on the lender's own site — this page is a guide, not an application, and the exact requirements are set out at [credicorp.co.uk](https://credicorp.co.uk/how-it-works/).
The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. The assessment looks at the business, not a director's personal file: no personal credit check on a director, and no personal guarantee. This is **not** consumer lending or sole-trader finance.
## What the lender looks at
A few clear, business-focused sources, put together into one picture of the company.
### Business bank statements
Recent business bank statements show how money really moves through the company — what comes in, what goes out, how steady the balance is, and how existing commitments are handled. They are the most direct read on whether a new repayment would sit comfortably alongside everything else.
### Open Banking
Where you choose to connect it, Open Banking is a secure, regulated way to share read-only access to your business account data with your consent. It saves you sending statements by hand and gives a quicker, more accurate view of recent trading — and you control the access.
### Business credit bureaux
Business credit-reference agencies hold information on how a company manages credit — payment behaviour, public filings, and similar business-level data. This is about the company's own credit standing, not a director's personal consumer file, which is not checked for this lending.
### Trading track record
How long the company has been trading, the consistency of its income, and its history of meeting commitments all help build a rounded view. A steady, established pattern tells a fuller story than any single month can.
## People, not just algorithms
Automated checks do useful work. They verify details against Companies House, pull the business credit picture together and flag the obvious, and they make the early stages quick. But a business is more than a set of data points, and a number on its own can miss the context — a one-off lumpy month, a seasonal dip, a large invoice about to be paid.
That is why real people are part of the process. A human review can take account of the circumstances behind the figures and reach a fairer decision than a rule applied blindly. It also means the lender may come back with a question or two before deciding, rather than simply declining on a threshold.
## Your right to human review — UK GDPR Article 22
UK data-protection law gives you a specific safeguard around automated decisions. Under Article 22 of the UK GDPR, where a decision that produces legal effects or similarly significant effects would be based **solely** on automated processing, you have the right not to be subject to it in that form — and, where such processing is used, to obtain human intervention, to express your point of view, and to contest the decision.
In plain terms: you can ask for a person to be involved, put your side of the story, and challenge an outcome you think is wrong. The lender sets out how it handles personal data and these rights in its own privacy information; you can find that, and ask about a decision, at [credicorp.co.uk](https://credicorp.co.uk/).
## What tends to help an assessment
None of this is a promise of approval — the lender decides — but a clear picture is easier to assess fairly.
### Things that give a clear picture
- **Up-to-date business bank statements**, or Open Banking connected, so recent trading is easy to see.
- **A steady trading history** — consistency over time tells a fuller story than one strong month.
- **A clear purpose** for the funding, with a realistic source of repayment in view.
- **Tidy company affairs** — filings up to date, commitments handled as agreed.
### Things worth knowing
- Affordability is about **comfortable** repayment, not the maximum a company could just about manage.
- A single odd month is **context**, not a verdict — it is exactly what human review is for.
- The check is on the **company**; a director's personal credit file is not part of it.
- The exact requirements live with the lender and can change — check the current detail before you apply.
[See how it works at credicorp.co.uk →](https://credicorp.co.uk/how-it-works/)
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated consumer-credit agreement, so this is business credit rather than consumer credit, and it is not for sole traders or for borrowing in a personal name. The full position is set out on [lending and regulation](/lending-and-regulation/).
## Affordability questions
The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk.
The business. In practice that means recent business bank statements, the picture from Open Banking where you connect it, business credit-bureau information, and the company's trading track record. The aim is a fair read on whether the company can comfortably repay what it is asking for.
No personal credit check is run on a director for this lending. The assessment is of the company, not of a director's own consumer credit file.
Automated checks help speed things up, but real people are part of the process and review decisions. Where a decision that significantly affects you would be based solely on automated processing, UK GDPR Article 22 gives you the right to ask for human involvement, to express your point of view and to contest the decision.
Open Banking is a secure, regulated way to share read-only access to your business bank data with your consent, so the lender can see the account activity without you sending statements manually. It is there to make the picture quicker and more accurate. The lender sets out what it needs at application; check the detail at credicorp.co.uk.
Responsible lending means only lending what a business can realistically repay — that protects the company as much as the lender. Because there is no personal guarantee, the assessment rests on the company's own trading position, which is exactly why a clear view of the business matters.
## Where to go next
To see how the lending itself is priced and repaid once approved, read [how business bridging loans work](/learn/how-business-bridging-loans-work/) and [what a revolving credit facility is](/learn/what-a-revolving-credit-facility-is/). To understand why the assessment rests on the company alone, see [no personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/). The whole series sits on the [Learn hub](/learn/).
[See how it works at credicorp.co.uk →](https://credicorp.co.uk/how-it-works/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/how-a-lending-decision-is-made/
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# How a lending decision is made.
What actually happens between sending an application and getting an
answer? This guide walks the journey from application to outcome — the
steps, what is weighed at each one, and the people behind the call. And
throughout, **the company is the borrower, never you personally**.
A lending decision can feel like a black box — paperwork goes in, an
answer comes out, and what happened in between is anyone's guess. It need
not be a mystery. The path from application to outcome is a sequence of
ordinary, sensible steps.
Creditcorp is the growing name for the Credicorp group, and Credicorp
Limited is the lender behind it. This page explains, in plain English, how
a decision is reached on its short-term business funding. It is a guide,
not an application — the assessment and the outcome itself happen on the
lender's own site,
[credicorp.co.uk](https://credicorp.co.uk/how-it-works/).
The borrower is the **company** — a UK private limited
company (Ltd), LLP or PLC — not the director who signs. The decision looks
at the business, not a director's personal file: no personal credit check
on a director, and no personal guarantee. This is **not**
consumer lending, a payday loan or sole-trader finance.
## The steps, from application to outcome
Every lender runs things its own way, but the shape of the journey is much the same. Here is the path in plain terms.
## What is weighed — and what is not
A decision is only as fair as the things it rests on. Here is what counts, and what deliberately does not.
[How affordability is assessed →](https://creditcorp.co.uk/learn/how-affordability-is-assessed/)
## People, not just algorithms
Automated checks earn their keep. They confirm details against Companies
House, draw the business credit picture together, and clear the
straightforward cases quickly so nobody waits on a queue for no reason.
Speed is genuinely useful, and software is good at it.
But a business is more than a row of figures, and a number on its own can
miss the story behind it — a one-off lumpy month, a seasonal dip, a large
invoice about to land. That is why real people are part of the decision. A
human review can take account of the circumstances behind the numbers and
reach a fairer answer than a threshold applied blindly — and it is why the
lender may ask a question or two before deciding, rather than declining on
a rule alone.
## Your right to human review — UK GDPR Article 22
UK data-protection law gives you a clear safeguard around automated
decisions. Under Article 22 of the UK GDPR, where a decision that produces
legal effects or similarly significant effects would be based
**solely** on automated processing, you have the right not to
be subject to it in that form — and, where such processing is used, to
obtain human intervention, to express your point of view, and to contest
the decision.
In plain terms: you can ask for a person to be involved, put your side of
things, and challenge an outcome you believe is wrong. That right matters
most when an answer goes against you — it means a decline need not be the
final word without a human looking at it. The lender sets out how it
handles personal data and these rights in its own privacy information, and
you can ask about a decision at
[credicorp.co.uk](https://credicorp.co.uk/).
## If the answer is no
A decline is a decision about one request at one moment, not a permanent
judgement on the company. There are sensible next moves. You can ask the
lender about the outcome and put context the figures may not have shown.
Where automated processing played a part, you can ask for a person to
review it. And you can take a fair look at whether the timing or the amount
was simply ahead of where the company is right now.
It is also worth a step back: short-term borrowing is not always the right
tool, and an honest answer to
[is short-term borrowing right for you?](https://creditcorp.co.uk/learn/is-short-term-borrowing-right-for-you/)
can save money. A profitable company can still run short of cash for
ordinary reasons —
[the cash-flow gap, explained](https://creditcorp.co.uk/learn/cashflow-gap-explained/)
sets out why, and where a short bridge does and does not fit.
## Decision questions
The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk.
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies and
LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001,
lending to a body corporate is not a regulated consumer-credit
agreement, so this is business credit rather than consumer credit, and it
is not for sole traders or for borrowing in a personal name. The full
position is set out on
[lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## Where to go next
To go deeper on the part that does the heavy lifting, read
[how affordability is assessed](https://creditcorp.co.uk/learn/how-affordability-is-assessed/).
To prepare before you start, see
[what you need to apply](https://creditcorp.co.uk/learn/what-you-need-to-apply/)
and
[how funds reach your account](https://creditcorp.co.uk/learn/how-funds-reach-your-account/)
once the answer is yes. The products themselves are explained in
[how business bridging loans work](https://creditcorp.co.uk/learn/how-business-bridging-loans-work/),
with full terms on the
[products page](https://creditcorp.co.uk/products/), and the whole series sits on the
[Learn hub](https://creditcorp.co.uk/learn/). The deeper group and legal story lives at
[creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
[See how it works at credicorp.co.uk →](https://credicorp.co.uk/how-it-works/)
## Ready when you are
Applying, the decision and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/is-short-term-borrowing-right-for-you/
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# Should your company borrow at all?
Sometimes the right answer is no — and a lender worth dealing with will say so. This page is a plain, non-promotional decision aid: the questions to ask before you borrow, the times not to, and the cheaper options to check first. It is written for the **company**, not the person who signs.
Borrowing is a tool, not a verdict on the business. Used for the right reason it can be a sound, ordinary commercial decision; used for the wrong one it postpones a problem and adds a cost. The difference is worth a few honest minutes before you commit.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It would, of course, rather you borrowed than not — so take this page in that spirit, but take it seriously too. We have written it to help you reach the right decision for your company, which sometimes means not borrowing. This is a guide, not an application; if you do decide to proceed, applying happens on the lender’s own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower would be the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## Five questions to ask before you borrow
If the answer to each is a confident yes, borrowing is probably a reasonable decision. If any is a no, pause.
### 1. Is the need genuinely temporary?
Short-term credit is built to span a gap with a known end — an order to fund, an invoice to wait on, a season nearly here. If instead you are covering an ongoing shortfall, borrowing only moves the problem a few weeks on. Be honest about which one this is.
### 2. Can you see where repayment comes from?
Point to it specifically: this customer, this invoice, these takings. If you cannot yet say where the money to repay will come from, the term is too short for the need, and a short product is the wrong fit.
### 3. Does the benefit beat the cost?
Set the cost of the credit, in pounds over the weeks you need it, against what the money earns or saves — a margin won, a discount taken, a penalty avoided. If the gain does not comfortably exceed the cost, the numbers are telling you something.
### 4. Have you checked the cheaper options first?
Money you are already owed or already have is the cheapest finance there is. Overdue invoices chased, a supplier asked for a little more time, a non-urgent cost deferred — see the alternatives below before you reach for credit.
### 5. Can the company carry the repayments comfortably?
Not just scrape them — carry them, with room to spare if a payment lands late. The repayments are the company’s, so the test is the company’s cash flow, not your personal finances.
## When not to borrow
There are situations where short-term credit is simply the wrong answer, however easy it is to obtain. Borrowing in any of these cases tends to make matters worse, not better:
- **To fund an ongoing loss.** If the company spends more than it earns month after month, a loan does not fix that — it adds a cost on top. The underlying trading position needs addressing first.
- **To repay other borrowing you cannot otherwise meet.** Rolling one short-term debt into another rarely ends well; it usually means the original term was wrong for the need.
- **For a long-term asset.** Premises, plant or a major fit-out should be funded over their working life, not a few weeks. See [short-term vs long-term finance](/learn/short-term-vs-long-term-business-finance/).
- **On hope rather than a plan.** If the repayment depends on work you have not yet won or money you cannot yet see, the need is not ready to be financed short-term.
- **When the cost outweighs the benefit.** If borrowing costs more than the opportunity is worth, the right answer is to let the opportunity pass.
If your company is in genuine financial difficulty, short-term borrowing is not the place to start. Speak to your accountant, and consider free, impartial guidance such as the government-backed [business support](https://www.businesssupport.gov.uk/) services before taking on any new credit.
## Cheaper alternatives to check first
Often the cheapest money is the money you are already owed, or a cost you can reshape. Work through these before you borrow.
### Chase what you are owed
Overdue invoices are interest-free finance sitting in someone else’s account. A firm reminder, a phone call or a tighter collections routine can release cash a loan would otherwise cover — at no cost at all.
### Ask your supplier for time
A good supplier would usually rather give you a fortnight than lose the order. Agreeing slightly longer terms, or splitting a bill, can close a gap without any borrowing — and Credicorp Slice exists for the times a supplier needs paying today but you would still rather spread the cost.
### Take an early-settlement discount
If a supplier offers a discount for paying early and you have the cash, taking it can be worth more than the interest you would save by holding on. Run the comparison before you decide.
### Reshape the timing
Deferring a non-urgent purchase, bringing a sale forward, or simply sequencing outgoings around when money lands can remove the gap altogether. The cheapest gap to fund is the one you avoid creating.
## If you do borrow, the company borrows — not you
Part of borrowing responsibly is keeping the decision where it belongs: with the company. On every Credicorp product the agreement is between Credicorp Limited and your **company**, not you as a director:
- **No personal guarantee** — a decision that goes wrong does not put your home or savings on the line.
- **No charge over your home** — nothing of yours personally is pledged as security.
- **No personal credit check on a director** — the lender assesses the company, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The plain-English position is on our [lending and regulation](/lending-and-regulation/) page, with the fuller detail on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Common questions
The questions directors ask most when weighing whether to borrow. For anything specific to your company, the lender’s team are on credicorp.co.uk.
A company should think twice when the borrowing would fund an ongoing loss rather than a temporary gap, when there is no clear source of repayment in sight, or when the cost of the credit outweighs the benefit it unlocks. Borrowing buys time and timing; it does not fix a business that is spending more than it earns. In those cases, the honest move is to address the underlying position first.
Five things: that the need is genuinely temporary and not a recurring loss; that you can point to where the money to repay will come from; that the benefit comfortably beats the cost; that you have checked cheaper or free alternatives first, such as chasing overdue invoices or agreeing terms with a supplier; and that the company — not you personally — can carry the repayments comfortably.
Often the cheapest finance is money you are already owed or already have. Chasing overdue invoices, asking a supplier for a little more time, taking an early-settlement discount, trimming a non-urgent cost, or simply timing a purchase differently can all close a gap at little or no cost. Borrowing makes most sense once those have been considered and the gap still needs spanning.
Reading and thinking it through costs nothing, and this site is here to help with that — these guides, the jargon buster and the working-capital gap tool are all free to use. If you do decide to apply, the lender assesses the company, not the director personally, and sets out the terms before you commit. Nothing is owed for considering it.
Neither in the consumer sense. Credicorp lends only to bodies corporate, and under Article 60B of the FSMA Regulated Activities Order 2001 lending to a body corporate is not a regulated credit agreement. It is exempt business lending — not consumer credit, not a sole-trader or personal loan. The full position is on our lending and regulation page and on creditcorpgroup.co.uk.
More general questions are answered on the [Creditcorp FAQ](/faq/), and the [how-it-works overview](/how-it-works/) walks through the whole journey from first look to funds in the bank.
## Where to go next
- [The cash-flow gap, explained](/learn/cashflow-gap-explained/) — whether your gap is the temporary kind a bridge is meant for.
- [Short-term vs long-term finance](/learn/short-term-vs-long-term-business-finance/) — matching the term of borrowing to the life of the need.
- [Business finance jargon buster](/learn/business-finance-jargon-buster/) — plain-English definitions of the terms used across this site.
- [Working-capital gap tool](/tools/working-capital-gap/) — size the gap before you decide.
- [The three products](/products/) — if, after all this, a short-term product is the right fit.
- [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/) — the deeper group, company and regulation detail.
If you decide to proceed, applying, drawing down and managing your account all happen on the lender’s site, [credicorp.co.uk](https://credicorp.co.uk/).
## Make the right call for your company
Read on, size the gap, or — if it genuinely fits — see the three products and apply on the lender’s site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/when-a-short-bridge-makes-sense/
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# When a short bridge makes sense.
A short company bridge is a specialist tool, not a default. It earns its
place in a handful of time-boxed situations and is the wrong choice in
others. This guide names both — honestly — so you reach for it only when
it actually fits, and on every loan, **the company borrows, never
you personally**.
A bridge does one job: it spans a known gap between money going out now
and money arriving a little later. The question this page answers is not
*how* it works — that is covered in
[how business bridging loans work](https://creditcorp.co.uk/learn/how-business-bridging-loans-work/)
— but *when* it is the right call.
The Business Bridging Loan is the simplest of the three Credicorp
products: a fixed sum into the company account, repaid over a short fixed
term of 14 to 84 days. That short, fixed shape is exactly what makes it
suit some jobs and not others. Match the tool to the need and it is
tidy; reach for it out of habit and you can end up paying to solve a
problem it was never built for.
One thing throughout: the borrower is the **company** — a UK
private limited company (Ltd), LLP or PLC — not the director who signs.
No personal guarantee, no charge over a home, no personal credit check on
a director. So whether a bridge makes sense is a company decision, weighed
against the company's own cash, and it is **not** a personal
loan, a payday loan or sole-trader finance.
## The one test that settles it
Before any scenario, there is a single question that does most of the work.
Can you name two things — **the amount** you need, and
**roughly the date** the money to repay it will arrive? If
both have a figure against them, the need is time-boxed, and a short
bridge fits its shape. If either is fuzzy — the amount keeps moving, or
there is no source of repayment you can point to — a bridge is the wrong
tool, however cheap a single short term looks on the day.
Everything below is just that test applied to real situations. A bridge
needs something solid to land on: a confirmed order, an invoice on terms,
a season almost here. Take the bridge away from that landing point and it
is no longer a bridge — it is just borrowing with no plan to repay, which
is the one thing it should never be.
## The situations where it makes sense
Four time-boxed jobs a short company bridge is genuinely built for.
You have won the work, but you have to pay for stock or materials before
the buyer pays you. The amount is known, the repayment is contracted, and
the gap is a matter of weeks. This is the textbook bridge: money out to
fulfil the order, money back when the buyer settles, the loan cleared and
closed.
A supplier wants a deposit now to hold stock, lock a price break, or
reserve a production slot. Paying it protects margin or secures supply,
and the cash to cover it is close behind. A bridge lets you say yes to the
deposit today without draining the account the rest of the month depends on.
A van off the road, a fridge down, a machine that has stopped — an
unavoidable cost that, left unfunded, costs the company far more in lost
trading than the repair itself. The need is one-off, the figure is clear,
and normal takings will rebuild the cash within weeks. A short bridge
keeps the business running while that happens.
A predictable busy stretch is coming and you need to buy stock before the
takings arrive to pay for it. The peak is the repayment, and it is in
sight on the calendar. A bridge funds the stock now and is repaid out of
the season it was bought for — provided the term lines up with when the
money actually comes in.
## An illustrative scenario
A made-up example, not a real customer and not a quote — just to show the timing.
A small catering company, trading as a UK limited company, is asked to
cover a run of events six weeks out. To take the booking it must pay a
supplier for stock and hire kit now, but the client pays 30 days after
the last event. The gap is clear and time-boxed: a known cost today, a
contracted payment a few weeks later.
The company takes a Business Bridging Loan sized to the stock and hire.
The full sum lands in the business account, the supplier is paid, and the
events go ahead. Interest accrues at 0.25% a day on the balance still
outstanding, with a single £5 establishment fee at the start, and the
company repays in fortnightly instalments across a short fixed term.
Because each payment reduces the principal, the daily interest falls as
the balance comes down. When the client settles, the loan is cleared and
the matter is closed — no facility left open, no personal guarantee given,
the total cost capped at 100% of what was borrowed. The bridge made sense
because every part of it was known in advance.
## When a bridge is the wrong call
Just as important: the situations where something else fits better, and what that something is.
[Bridge vs an overdraft →](https://creditcorp.co.uk/compare/bridging-loan-vs-overdraft/)
[Compare all three products →](https://credicorp.co.uk/compare/)
## A few checks before you bridge
Even when a bridge fits the shape, a short pause is worth it.
If you want a plain decision aid for the bigger question of whether to
borrow at all, [is short-term borrowing right for you?](https://creditcorp.co.uk/learn/is-short-term-borrowing-right-for-you/)
walks through it honestly, including when not to borrow.
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies, LLPs and
PLCs. Under Article 60B of the FSMA Regulated Activities Order 2001,
lending to a body corporate is not a regulated consumer-credit agreement,
so this is business credit rather than consumer credit, and it is not for
sole traders or for borrowing in a personal name. The full position is set
out on [lending and regulation](https://creditcorp.co.uk/lending-and-regulation/), with
the deeper group detail on
[creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
## Questions directors ask
The common questions about when a bridge fits. For anything specific to your business, the lender's team are at credicorp.co.uk.
## Where to go next
If a short bridge is not quite the shape you need, the companion guides
cover the alternatives:
[what a revolving credit facility is](https://creditcorp.co.uk/learn/what-a-revolving-credit-facility-is/)
explains drawing and redrawing as you go, and
[short-term vs long-term business finance](https://creditcorp.co.uk/learn/short-term-vs-long-term-business-finance/)
helps you match the term of borrowing to the life of the need. To see how
a bridge fits a sector you know, the
[industries](https://creditcorp.co.uk/industries/) guides walk through it trade by
trade. The full terms for all three products are on the
[products page](https://creditcorp.co.uk/products/), and the whole series sits on the
[Learn hub](https://creditcorp.co.uk/learn/).
[See the Business Bridging Loan at credicorp.co.uk →](https://credicorp.co.uk/business-loans/)
## Ready when the moment fits
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/a-loan-or-a-facility/
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# A loan, or a facility?
Before the amount or the rate, there is a more basic choice: do you want
a fixed sum for one job, or a credit line you dip into as you go?
Credicorp gives you both — the Business Bridging Loan and the revolving
Flex facility — and on either one, **the company borrows, never
you personally**.
"Loan" and "facility" get used loosely, but in short-term business
finance they mean two genuinely different things. One is a single sum
with a beginning and an end. The other is a limit that stays open while
you draw against it, pay it down and draw again. Picking the right shape
matters more than shaving a little off the rate.
Creditcorp is the growing name for the Credicorp group, and Credicorp
Limited is the lender behind it. Two of its three products map onto this
choice: the **Business Bridging Loan** is the fixed loan,
and **Credicorp Flex** is the revolving facility. This page
is a guide, not an application — when you are ready, applying happens on
the lender's own site,
[credicorp.co.uk](https://credicorp.co.uk/).
In both cases the borrower is the **company** — a UK private
limited company (Ltd), LLP or PLC — not the director who signs. No
personal guarantee, no charge over a home, no personal credit check on a
director. Neither is a personal loan, a payday loan or sole-trader
finance.
## What a loan is
The Business Bridging Loan: one sum, one term, and then it is done.
A loan is a single, fixed amount. You agree how much and over what term
up front; the full sum lands in your business bank account in one go;
and from that day you repay it in instalments across the term until the
balance reaches zero. There is nothing to redraw — once it is repaid, it
is finished. Interest accrues on the principal still outstanding, so as
you pay it down, the daily cost comes down with it.
Because it is one sum for one purpose, a loan suits a need you can put a
figure on: a confirmed order's stock, a supplier deposit, a repair that
cannot wait. You know the amount, you know roughly when the cash to repay
it will arrive, and you want the certainty of a fixed end date. The full
mechanics are in
[how business bridging loans work](https://creditcorp.co.uk/learn/how-business-bridging-loans-work/).
## What a facility is
Credicorp Flex: an agreed limit you draw, repay and draw again.
A facility is not a lump sum — it is a credit limit that stays open. You
are approved for a ceiling, then you draw what you need when you need it,
repay it, and draw again, all within the same limit. The defining point
is that you pay interest only on the balance you have actually drawn, not
on the headroom sitting unused above it. Draw nothing in a quiet week and
there is nothing to pay that week.
That makes a facility suit a need that is ongoing and uneven rather than
a single event — the everyday ebb and flow of a trading company, where
small gaps open and close month to month and you would rather not apply
afresh each time. The Flex cycle and how drawing works are set out in
[what a revolving credit facility is](https://creditcorp.co.uk/learn/what-a-revolving-credit-facility-is/).
## The terms of each, in plain English
The lender's published terms for both products. These are the lender's figures and can change, so always check the live product pages before you apply.
## Which shape fits your need
Neither is better in the abstract. It comes down to whether the need is one defined event or an ongoing, uneven pattern.
Many directors end up using both for different jobs — a Bridging Loan for
a one-off project, a Flex facility kept open for the everyday wobble. If
you would rather spread a single supplier bill into instalments instead,
that is a third product,
[Credicorp Slice](https://credicorp.co.uk/credicorp-slice/).
[Compare all three products →](https://credicorp.co.uk/compare/)
## A worked example of the choice
An illustration, not a real customer and not a quote — just to show how the same company might pick differently for two different needs.
A small homewares company, trading as a UK limited company, lands a
confirmed trade order. To fulfil it, the company must pay a supplier for
stock now, and the buyer settles a few weeks later. The gap is clear,
one-off and time-boxed: money out today, money in within the month. For
that, a **Bridging Loan** is the natural fit — a single sum
over a single fixed term, the supplier paid, and the loan cleared when
the buyer pays, with nothing left open.
Three months on, the same company keeps hitting smaller, less
predictable gaps — a slow-paying customer one week, a top-up of
packaging the next — none big enough to plan a loan around. Here a
**Flex facility** fits better: the company draws a little
when a gap opens, repays it when cash arrives, and pays interest only on
what it has drawn. Same business, two different needs, two different
shapes of money. Both are illustrations of the fit, not quotes — real
amounts, pricing and terms are set by the lender at
[credicorp.co.uk](https://credicorp.co.uk/).
## One thing that is true of both
Loan or facility, the borrower is the same: the company. Credicorp lends
only to bodies corporate — UK limited companies and LLPs. Under Article
60B of the FSMA Regulated Activities Order 2001, lending to a body
corporate is not a regulated consumer-credit agreement, so this is
business credit rather than consumer credit, and it is not for sole
traders or for borrowing in a personal name. The full position is set out
on [lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## Loan-or-facility questions
The questions directors ask when weighing the two. For anything specific to your business, the lender's team are at credicorp.co.uk.
## Where to go next
To go deeper on either side of the choice, the companion guides cover the
detail:
[how business bridging loans work](https://creditcorp.co.uk/learn/how-business-bridging-loans-work/)
walks through the fixed loan, and
[what a revolving credit facility is](https://creditcorp.co.uk/learn/what-a-revolving-credit-facility-is/)
covers drawing and redrawing on Flex. To see the live cost of each before
you decide, the
[calculators](https://creditcorp.co.uk/tools/) let you model a
[Bridging Loan](https://creditcorp.co.uk/tools/bridging-loan-cost/) or a
[Flex facility](https://creditcorp.co.uk/tools/flex-facility-cost/) side by side. The
full terms for all three products are on the
[products page](https://creditcorp.co.uk/products/), sector notes are under
[industries](https://creditcorp.co.uk/industries/), and the whole series sits on the
[Learn hub](https://creditcorp.co.uk/learn/). The deeper group and legal story lives at
[creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
[See the loan and the facility at credicorp.co.uk →](https://credicorp.co.uk/compare/)
## Ready when you are
Whichever shape fits, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/short-term-vs-long-term-business-finance/
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# Match the term to the need.
Some company costs are over in weeks; others last for years. The cheapest finance is usually the kind whose repayment runs alongside the benefit it buys. This guide explains when short-term credit fits and when a longer SME term loan does — and, on every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Most finance mistakes are not about whether to borrow at all — they are about borrowing for the wrong length of time. Stretch a short product over a long need and you refinance again and again; carry a long loan for a short need and you pay interest long after the need has gone.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. That is a deliberately narrow job, so the honest place to begin is by being clear about when short-term finance is the right tool — and when it is not. This page is a guide, not an application; when a Credicorp product fits, applying happens on the lender’s own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. That means no personal guarantee, no charge over a home and no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## The one principle that matters most
Lenders have a name for it: matching the term of the borrowing to the life of the need.
Picture two very different costs. The first is a run of stock for a confirmed order that will be invoiced and paid within six weeks. The second is a new piece of machinery the company will run for the next eight years. Both might cost a similar amount today, but they have nothing else in common — and they call for completely different finance.
The stock buy creates its own repayment: the order is delivered, the customer pays, the gap closes. The right finance for it lives and dies inside that short window. The machine, by contrast, earns its keep slowly, a little every month for years; spreading its cost over those same years keeps each repayment small and tied to the value the machine produces.
Get this lined up and the finance all but pays for itself out of the thing it funded. Get it wrong in either direction and you either keep refinancing or keep paying for something you have long since finished using.
## When short-term finance fits
Short-term credit earns its place when the need is temporary and the repayment is in sight.
### A timing gap, not a hole
The money is going out before money you can already see is coming in — a confirmed order, an invoice on terms, a season that is nearly here. You are bridging a gap with a known end, not plugging a loss.
### A one-off cost you can name
A supplier deposit, a stock run, a repair you cannot trade without. You can put a figure on it today, and you can see the cash that will clear it. That certainty is exactly what a short, fixed term is built around.
### A discount or an opportunity that beats the cost
An early-settlement discount, a bulk price break, a job you can only take if you can buy materials this week. If the gain comfortably outweighs a few weeks’ cost of credit, short-term finance can be a genuinely commercial decision rather than a last resort.
### Cash flow that rises and falls
Uneven, recurring needs — a busy month, a quiet month, a peak that comes round each year — suit a facility you can draw on and repay rather than a fixed long-term loan you carry regardless.
## When a longer term loan fits better
If the benefit lasts for years, the finance probably should too — and that is not what Credicorp does.
### A lasting asset
Premises, plant, a major piece of equipment, a substantial fit-out — anything the company will use and benefit from for years. Spreading the cost over the asset’s working life keeps each repayment modest and matched to the value it produces. A multi-year term loan, asset finance or a commercial mortgage is the right shape here.
### A loss to fund, not a gap to bridge
If the business is spending more than it earns month after month, borrowing — short or long — is not the answer on its own. The honest move is to fix the underlying trading position first. We cover this plainly in [is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/)
### A need with no clear repayment in sight
Short-term credit relies on a repayment you can point to. If you cannot yet see where the money to repay will come from, a short term only moves the problem a few weeks down the road — usually with a fee each time it is renewed.
## Being honest about the cost of short-term credit
Short-term finance is priced by the day, and a daily rate compared against a multi-year loan’s annual rate can look alarming. It should — because the two are not meant for the same job. The fair question is never the headline rate in isolation; it is the total cost, in pounds, over the short period you actually need the money, set against what that money earns or saves.
A Credicorp Business Bridging Loan, for example, charges 0.25% per day on the outstanding principal, with a one-time £5 establishment fee — and a cost cap means the total cost never exceeds 100% of the principal, however things run. Pay it down and it costs less. The discipline that keeps it cheap is keeping it short: borrow for the weeks you genuinely need, and no longer.
- **Judge the pounds, not just the percentage** — a few weeks’ interest to land a profitable order is a different thing from years of it.
- **Set the cost against the benefit** — a discount, a margin or an opportunity the credit unlocks should comfortably beat the cost of borrowing.
- **Mind the cost cap** — every Credicorp product caps total cost at 100% of the amount borrowed, so the figure cannot run away.
- **Keep it short on purpose** — short-term credit rewards repaying quickly; the longer you carry it, the worse the maths becomes.
Exact amounts, terms and pricing are set by the lender — always check the live product page before you apply, as the figures can change. The [products page](/products/) sets out all three side by side.
## A worked example
An illustration, not a real customer — just to show how matching the term plays out.
A small UK limited company that makes and sells outdoor furniture has two quite separate funding questions on the table in the same month. The first is a confirmed order from a garden centre: it needs to buy timber and fixings now, finish the run over a fortnight, and will be paid on 30-day terms. The second is a long-mooted decision to buy the workshop unit it has rented for years.
These look similar on a spreadsheet — both need cash the company does not have spare today — but the right answers are opposites. The order is a short, self-clearing gap: a fixed-term bridge to the company, repaid as the garden centre settles, fits cleanly, and because the borrower is the company the director gives no personal guarantee. Buying the unit, by contrast, is an asset the business will hold for decades; funding it over a few weeks would be absurd, so that one belongs with a commercial mortgage from a different lender entirely.
## Whichever term you choose, the company borrows
On every Credicorp product the agreement is between Credicorp Limited and your **company**, not you as a director. The short-term shape of the borrowing does not change that:
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — nothing of yours personally is pledged as security.
- **No personal credit check on a director** — the lender assesses the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The plain-English position is on our [lending and regulation](/lending-and-regulation/) page, with the deeper detail on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Common questions
The questions directors ask most when weighing short against long. For anything specific to your company, the lender’s team are on credicorp.co.uk.
The plain difference is how long the company holds the money and what it is used for. Short-term finance is repaid over weeks or a few months and suits a temporary gap — a stock buy, a deposit, a slow-paying invoice. Long-term finance is repaid over years and suits a lasting asset — premises, plant, a major fit-out. The right choice is the one whose repayment runs roughly alongside the benefit the money buys.
Because a mismatch costs money or strains cash flow. Funding a five-year asset with short-term credit means refinancing again and again, paying fees each time. Funding a one-off, six-week gap with a five-year loan means carrying — and paying interest on — a debt long after the need has passed. Lining the term up with the life of the need keeps the cost proportionate to the benefit.
Priced per day, short-term credit can look dear against a multi-year loan, and over a long horizon it would be. The honest test is total cost in pounds over the short period you actually need it, set against what the money earns or saves. A few weeks of interest to land a profitable order, or to take a supplier’s early-settlement discount, can be money well spent — but only if the need is genuinely short.
No. Credicorp lends short-term working capital only — a Business Bridging Loan, the revolving Credicorp Flex facility, or Credicorp Slice for a supplier bill. For a multi-year term loan, asset finance or a commercial mortgage, a company would look to a different lender. Honest finance starts with using the right tool for the job, and we would rather say so than stretch a short-term product over a long-term need.
Neither in the consumer sense. Credicorp lends only to bodies corporate, and under Article 60B of the FSMA Regulated Activities Order 2001 lending to a body corporate is not a regulated credit agreement. It is exempt business lending — not consumer credit, not a sole-trader or personal loan. The full position is set out on our lending and regulation page and on creditcorpgroup.co.uk.
More general questions are answered on the [Creditcorp FAQ](/faq/), and the [how-it-works overview](/how-it-works/) walks through the whole journey from first look to funds in the bank.
## Where to go next
- [The cash-flow gap, explained](/learn/cashflow-gap-explained/) — why a profitable company can still run short of cash, and where a short bridge fits.
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [Business finance jargon buster](/learn/business-finance-jargon-buster/) — plain-English definitions of the terms used across this site.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice, side by side.
- [Industries](/industries/) — how short-term finance lands in your sector.
- [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/) — the deeper group, company and regulation detail.
When a short-term product is the right fit, applying, drawing down and managing your account all happen on the lender’s site, [credicorp.co.uk](https://credicorp.co.uk/).
## Use the right tool for the job
If a short-term need is in front of you, see the three products — or apply on the lender’s site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/the-100-percent-cost-cap/
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# The 100% cost cap, and why it protects you.
One number sets the ceiling on the cost of every Credicorp product: 100%. The total cost of credit can never exceed the amount borrowed, so a company can never repay more than twice the principal. This guide explains what that means and why it matters — and as ever, **the company borrows, never you personally**.
The fear with short-term credit is that the cost runs away — that a small sum somehow turns into a debt many times its size. The 100% cost cap exists to make that impossible. It is a hard ceiling, the same across all three products, and it is one of the simplest protections to understand.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page is a guide, not an application — the live pricing sits with the lender at [credicorp.co.uk](https://credicorp.co.uk/). The numbers below are illustrative, to show the shape; the underlying rates and fees can change, so check before you apply.
The cap protects the **company** — a UK private limited company (Ltd), LLP or PLC — which is always the borrower, not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal loan, a payday loan or sole-trader finance.
## What the cap actually means
Strip away the jargon and it is a single, firm promise.
The total cost of credit — every penny of interest and every fee, added together — can never exceed 100% of the amount borrowed. Put the other way: the most a company can ever repay is the principal plus charges no greater than the principal, so never more than twice what it borrowed.
It is a ceiling, not a target. Most of the time the actual cost is far lower, because on the Bridging Loan and Flex interest is charged day by day on the balance you still owe — pay it down or pay it off and the charge stops. The cap is there for the worst case; everyday use sits well below it.
## The same cap, across all three products
The pricing differs by product, but the ceiling is identical.
### Business Bridging Loan
Interest at 0.25% a day on the outstanding principal, plus a one-time £5 establishment fee. However the fixed 14-to-84-day term plays out, the total cost is capped at 100% of the principal.
### Credicorp Flex
Interest at 0.25% a day on the drawn balance only, with a £5 fee on the first drawdown and a 14-day cycle. Draw, repay and redraw as you like — the running total of charges is still capped at 100% of the amount.
### Credicorp Slice
A flat 6% fee on a bill of £50 to £2,000, split across three or four instalments over up to eight weeks. The flat fee sits far below the ceiling, and the same 100% cap applies as a backstop.
**The takeaway:** three different pricing shapes — daily interest, daily interest on a drawn balance, and a single flat fee — but one shared ceiling. Whichever product fits the job, the total cost of credit cannot pass 100% of what the company borrowed.
The full, current detail for each sits on the [products page](/products/) and with the lender at [credicorp.co.uk](https://credicorp.co.uk/).
[Compare all three products →](https://credicorp.co.uk/compare/)
## Illustrative numbers
Made-up figures to show how the ceiling works — not a quote, and not real pricing.
Suppose a company borrows £400 on a Business Bridging Loan. The cap says the total cost of credit on that £400 can never exceed £400 — so the most the company could ever repay in total is £800: the £400 borrowed plus charges of no more than £400.
In practice the company would expect to pay far less. Because interest is 0.25% a day on the outstanding principal, a balance that is paid down on a short term and cleared on schedule accrues only a fraction of that ceiling. Repay early and the figure drops again, because the daily interest stops the day the balance reaches zero. The cap is the boundary of the worst case; the real cost is shaped by how the company actually repays.
## Why a hard cap protects a company borrower
A director weighing finance needs to know the downside, not just the best case. The cap turns the downside into a known, fixed number: even if a balance runs longer than planned, the cost cannot spiral. There is no scenario in which a modest sum balloons into a debt several times its size.
Paired with the rest of the model — daily interest you can switch off by repaying, early repayment always permitted (a conditional charge of up to 28 days’ interest may apply on the Bridging Loan, waived in many cases), and the company as the only obligor — the cap is the outer guard rail. It works alongside [early repayment](/learn/early-repayment-explained/), which lowers the everyday cost, and the [no personal guarantee](/learn/no-personal-guarantee-what-it-means/) position, which keeps the obligation off a director's own name.
## Cost cap questions
The questions directors ask most. For anything specific to your borrowing, the lender's team are at credicorp.co.uk.
It means the total cost of credit — all interest and fees added together — can never exceed 100% of the amount borrowed. So a company can never repay more than twice the principal: the original sum, plus charges no greater than that sum.
Yes. The Business Bridging Loan, Credicorp Flex and Credicorp Slice all cap the total cost of credit at 100% of the amount borrowed. It is a feature of the whole range, not just one product.
Usually not. The cap is a ceiling for the worst case — a balance left to run. Because interest on the Bridging Loan and Flex is charged daily on the outstanding balance, repaying on time or early keeps the actual cost well below the cap. The cap protects you; paying ahead lowers what you actually pay.
It puts a known, hard limit on the downside. Even if something goes wrong and a balance runs longer than planned, the cost cannot spiral past twice the principal. That certainty makes it easier for a director to weigh the borrowing sensibly.
The 100% cap is the published cap across the range, but the underlying pricing — daily rates and fees — is set by the lender and can change. The numbers here are illustrative, to show the shape. Always check the live product pages at credicorp.co.uk before you apply.
## Where to go next
To see the cap working alongside the rest of the model, [early repayment explained](/learn/early-repayment-explained/) shows how to stay well below it, [how business bridging loans work](/learn/how-business-bridging-loans-work/) covers the product end to end, and [the jargon buster](/learn/business-finance-jargon-buster/) defines the cost terms. The full terms for all three products are on the [products page](/products/), and the whole series sits on the [Learn hub](/learn/).
[See the products at credicorp.co.uk →](https://credicorp.co.uk/business-loans/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/cashflow-gap-explained/
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# Profitable, and still short of cash.
It is one of the most common surprises in business: a company can be genuinely profitable and still run short of cash. The reason is timing — money leaves the business before it comes back. This guide explains the gap, and where a short company bridge fits. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Most directors meet the cash-flow gap long before they have a name for it: the order book is full, the year looks good, and yet there is a week when the account is uncomfortably thin. Nothing is wrong with the business — the cash is simply somewhere else for a while.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses — finance shaped precisely around this gap. This page is a guide, not an application; when a short bridge fits, applying happens on the lender’s own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## What a cash-flow gap actually is
It is a gap in time, not a gap in the accounts.
A cash-flow gap — often called a working-capital gap — is the stretch of time between the company paying out and being paid back. You buy stock, meet payroll and settle suppliers today; the customers who will fund all of that pay you weeks or months later. For every day in between, the money has left the business but not yet returned, and the company has to find the cash to keep trading.
You can picture it as a cycle. Cash buys materials. Materials become work, then finished goods or delivered services. Those are invoiced. The invoices, eventually, become cash again. The longer that loop takes — slow suppliers to pay, stock that sits, customers on long terms — the more cash the company must carry to keep the wheel turning.
A healthy gap is normal and manageable. It only becomes a problem when it widens faster than the cash on hand can cover it — which, as we will see, happens most often precisely when a company is doing well.
## Why a profitable company runs short
Profit is an opinion measured over time; cash is a fact measured on the day. The four reasons the two part company.
### Money is tied up in unpaid invoices
You record a sale as profit the moment you invoice it, but the cash does not arrive until the customer pays — and on 30, 60 or 90-day terms that can be a long wait. The profit is real; it is simply sitting in someone else’s bank account for now.
### Money is tied up in stock
Stock on the shelf or work in progress on the bench is cash the company has already spent and not yet earned back. The busier the trade, the more stock it holds — and the more cash is locked up waiting to be sold.
### Costs are paid before revenue lands
Wages, rent, materials and suppliers want paying on their schedule, not yours. Almost every cost comes out at the start of the cycle, while the revenue that covers it comes in at the end.
### Growth makes the gap wider
This is the cruel twist: a company feels the squeeze most when it is winning. Every new order means buying more stock, paying more wages and carrying more invoices — all before the bigger payments arrive. Fast growth can leave a thoroughly profitable business short of cash.
## A worked example
An illustration, not a real customer — just to put numbers on the shape of the gap.
A UK limited company supplying branded workwear wins a £40,000 order from a regional employer, payable 60 days after delivery. To fulfil it, the company must spend about £24,000 with its own suppliers up front — blank garments, embroidery, packaging — and pay roughly £6,000 in wages over the three weeks it takes to complete and ship. So nearly £30,000 leaves the business in the first month.
On the profit-and-loss account this is a good piece of business: a healthy margin, a happy customer, a strong month. But the cash does not match the profit. The £40,000 will not land for roughly two and a half months from the day the suppliers were paid — and in the meantime the company still has rent, its other orders and the next month’s wages to cover. That is the cash-flow gap in plain numbers: a profitable order that leaves the company temporarily short while it waits to be paid.
## Where a short company bridge fits
The gap is temporary and the repayment is in sight — which is exactly what short-term working capital is built for.
### A Business Bridging Loan — for a known gap
When you can name the figure and see the cash that will clear it — a confirmed order like the workwear example above — a single fixed-term bridge to the company covers the costs now and is repaid as the customer settles. [More on the Bridging Loan →](/products/)
### Credicorp Flex — for a gap that keeps recurring
When the gap opens and closes through the year as orders come and go, a revolving facility lets the company draw as each gap appears and repay as the cash returns, paying interest only on what is drawn. [More on Credicorp Flex →](/products/)
### Credicorp Slice — for a single supplier bill
When it is one chunky supplier invoice opening the gap, Slice pays the supplier in full today and spreads the cost over a few weeks for a flat fee. [More on Credicorp Slice →](/products/)
## The company borrows — not you
A cash-flow gap is the company’s gap, and the borrowing that spans it is the company’s borrowing. On every Credicorp product the agreement is between Credicorp Limited and your **company**, not you as a director:
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house is not security for a working-capital gap.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The plain-English position is on our [lending and regulation](/lending-and-regulation/) page, with the fuller detail on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Common questions
The questions directors ask most about cash flow versus profit. For anything specific to your company, the lender’s team are on credicorp.co.uk.
A cash-flow gap — sometimes called a working-capital gap — is the stretch of time between a company paying its costs and being paid by its customers. You buy stock, pay staff and settle suppliers now; the money for the work comes back later. The gap is the period in between, when the cash has gone out but not yet come back in.
Profit and cash are not the same thing. Profit is what is left after costs over a period; cash is what is actually in the account on a given day. A company can be comfortably profitable on paper yet short of cash because its money is tied up in unpaid invoices, stock on the shelf and costs already paid out. The faster it grows, the wider that gap can become.
Profit measures performance over time — revenue minus costs. Cash flow measures the timing of money in and out. You can record a sale as profit the day you invoice it, but the cash may not land for 30, 60 or 90 days. A business lives or dies on cash flow day to day, even when the profit-and-loss account looks healthy.
A short company bridge fits when the gap is temporary and the repayment is in sight — a confirmed order, an invoice on terms, a season nearly here. It covers the costs now and is repaid as the money you can already see arrives. It is not for funding a loss; it is for spanning a timing gap with a known end.
Neither in the consumer sense. Credicorp lends only to bodies corporate, and under Article 60B of the FSMA Regulated Activities Order 2001 lending to a body corporate is not a regulated credit agreement. It is exempt business lending — not consumer credit, not a sole-trader or personal loan. The full position is on our lending and regulation page and on creditcorpgroup.co.uk.
More general questions are answered on the [Creditcorp FAQ](/faq/), and the [how-it-works overview](/how-it-works/) walks through the whole journey from first look to funds in the bank.
## Where to go next
- [Working-capital gap tool](/tools/working-capital-gap/) — sketch the size and length of your own gap.
- [Short-term vs long-term finance](/learn/short-term-vs-long-term-business-finance/) — matching the term of borrowing to the life of the need.
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [Business finance jargon buster](/learn/business-finance-jargon-buster/) — plain-English definitions of the terms used across this site.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
- [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/) — the deeper group, company and regulation detail.
When a short bridge is the right fit, applying, drawing down and managing your account all happen on the lender’s site, [credicorp.co.uk](https://credicorp.co.uk/).
## Span the gap, not the year
If a temporary gap is in front of you, see how the three products fit — or apply on the lender’s site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/preparing-your-company-to-borrow/
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# Preparing your company to borrow.
A little groundwork makes for a faster, cleaner application. This is a
short checklist to run through before your company asks for finance —
filings, banking, statements, and a clear reason and repayment in mind.
And throughout, **the company borrows, never you personally**.
Short-term business finance is quick to arrange, but it is quicker still
when the company is ready. Most of what a lender looks at is information
your business already holds — it just needs to be current, tidy and easy
to share.
Creditcorp is the growing name for the Credicorp group, and Credicorp
Limited is the lender behind it. This page is a guide, not an application
— when you are ready, applying happens on the lender's own site,
[credicorp.co.uk](https://credicorp.co.uk/apply/).
It pairs with [what you need to apply](https://creditcorp.co.uk/learn/what-you-need-to-apply/),
which lists the specific details the form asks for; this guide is about
getting the company itself into good shape first.
The borrower is the **company** — a UK private limited
company (Ltd), LLP or PLC — not the director who signs. No personal
guarantee, no charge over a home, no personal credit check on a director.
So preparing well is about the company's standing, not your own.
## The five-point checklist
Run through these before you apply. None is onerous, and together they make the decision faster and the answer clearer.
## Get your filings current
Your public record is the first thing anyone can see. Tidy it before you apply.
Every UK company has a public file at Companies House, and a lender will
look at it. The two filings that matter most are the confirmation
statement, which keeps the basic company details accurate, and the annual
accounts. If either is overdue, that shows on the register as a flag that
something is behind — and both are usually quick to put right.
While you are there, check the small things are correct: the registered
office, the company's active status, and the people with significant
control. A clean, current record says the company is being run properly,
and that counts for more than directors often expect. None of this touches
your personal file — the lender is looking at the **company**.
## Banking and statements
The clearest window into a company is its own bank account. Make sure that window is clean.
Lending is to the company, so the lender wants to see the company's own
money moving — income arriving, costs going out — through a dedicated
business bank account. If trade is mixed in with personal spending, the
picture is muddy and the decision is slower. Running everything through one
clean business account is the single biggest thing you can do to make an
application straightforward.
Have around six months of statements ready. That is enough to show the
rhythm of the business across a normal stretch — the regular ins and outs,
and how the balance behaves. Open Banking lets you share read-only access
securely in a few clicks, so you usually will not need to export anything
by hand. If you would like to see how the cash actually moves once a loan
is in, the [working-capital gap
calculator](https://creditcorp.co.uk/tools/working-capital-gap/) is a useful first look.
## A clear need and a clear way to repay
The two questions worth answering for yourself before anyone else asks: what is it for, and how does it get repaid?
Short-term finance does its best work against a defined cost. Before
you apply, put a figure and a purpose on it: stock for a confirmed
order, a supplier deposit, an unavoidable repair. A specific need is
easier to size correctly, so you borrow what the job actually requires
rather than rounding up "to be safe" — which only adds cost.
If you are not yet sure short-term borrowing is the right move at all,
[is short-term
borrowing right for you?](https://creditcorp.co.uk/learn/is-short-term-borrowing-right-for-you/) is an honest place to test the idea
first.
Every short-term facility needs something to repay it from. Be able to
name the source and the rough timing — a customer who pays next month,
a sale that completes, a busy season's takings. If you can see the
repayment, the borrowing has somewhere solid to land.
You can sketch the cost before committing with the
[Bridging Loan cost calculator](https://creditcorp.co.uk/tools/bridging-loan-cost/),
so the repayment you have in mind comfortably covers what comes due.
[See the three products →](https://creditcorp.co.uk/products/)
## Match the need to the right product
Part of being ready is knowing which of the three fits. Credicorp offers a loan, a revolving facility and an instalment plan.
If you are not certain, the [compare pages](https://creditcorp.co.uk/compare/) set the
options side by side, and your industry's page under
[industries](https://creditcorp.co.uk/industries/) shows how directors in your line
tend to use them. The full terms for all three are on the
[products page](https://creditcorp.co.uk/products/).
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies and
LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001,
lending to a body corporate is not a regulated consumer-credit agreement,
so this is business credit rather than consumer credit, and it is not for
sole traders or for borrowing in a personal name. That is also why the
preparation here is about the company's standing and not your own. The
full position is set out on
[lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## Getting-ready questions
The questions directors ask before they apply. For anything specific to your business, the lender's team are at credicorp.co.uk.
## Where to go next
With the company in good shape, the companion guides cover what happens
next: [what you need to apply](https://creditcorp.co.uk/learn/what-you-need-to-apply/)
lists the exact details the form asks for, and
[how funds reach your
account](https://creditcorp.co.uk/learn/how-funds-reach-your-account/) walks through signing and the money landing. The whole series
sits on the [Learn hub](https://creditcorp.co.uk/learn/), and the deeper group story is
on the group site,
[creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
[Apply at credicorp.co.uk →](https://credicorp.co.uk/apply/)
## Ready when you are
Once the company is prepared, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/reading-your-own-bank-statements/
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# Reading your own bank statements.
A lender reads about six months of your business statements before
deciding. You can read the same pages first. This guide walks the signals
that matter — and on every loan, **the company borrows, never you
personally**.
Your business bank statements are the most honest document your company
produces. They are not a pitch and not a forecast — just a record of what
actually came in and went out. That is precisely why a lender reads them,
and precisely why it pays to read them yourself before you apply.
Creditcorp is the growing name for the Credicorp group, and Credicorp
Limited is the lender behind it. This page is a guide to what a careful
reader sees in roughly six months of statements, so none of it is a
surprise. It is not an application — applying happens on the lender's own
site,
[credicorp.co.uk](https://credicorp.co.uk/how-it-works/),
where the live requirements are set out.
Throughout, remember who the statements belong to. The borrower is the
**company** — a UK private limited company (Ltd), LLP or PLC
— not the director who signs. The account read is the company's business
account, not anyone's personal one: no personal guarantee, no charge over
a home, no personal credit check on a director. This is
**not** a personal loan, a payday loan or sole-trader finance.
## Why six months, and not one
Half a year is the smallest window that tells the truth about a trading rhythm.
A single month is easy to misread. A bumper month can flatter a company
that usually runs tight; a flat month can libel one that simply had a quiet
few weeks. Around six months smooths that out. It is long enough to show a
busy stretch and a slow one, a quarterly VAT payment, a rent run, a
seasonal lull — the things that make a real business look uneven up close
and steady from a step back.
So when you open your own statements, resist the urge to judge the latest
balance. Read across the months instead. The question a lender is asking is
not "how much is in there today?" but "does this company reliably bring in
enough to cover what it spends, and would a new repayment sit comfortably
alongside the rest?" Read your pages with that question in mind and you are
reading them the way they will be read.
## The signals a reader looks for
None of these is a pass-or-fail test on its own. Together they sketch how the company trades.
## How to read them yourself
A few minutes with your own statements tells you most of what a lender will see.
[Try the working-capital gap calculator →](https://creditcorp.co.uk/tools/working-capital-gap/)
## What this read is — and is not
Reading statements is an assessment of the **business**, full
stop. It looks at how the company's own account behaves over time. It is
not a personal credit check on a director, and a director's personal
consumer file is not part of it. A clean, steady company account is the
point — not anyone's personal score.
Nor is it a hurdle designed to catch you out. Responsible lending means
only lending what a company can comfortably repay, which protects the
business as much as the lender. If you connect it, Open Banking shares the
same data securely and read-only, with your consent, so you need not export
and upload files by hand. What you actually need to apply is set out in
[what you need to apply](https://creditcorp.co.uk/learn/what-you-need-to-apply/).
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies and
LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001,
lending to a body corporate is not a regulated consumer-credit
agreement, so this is business credit rather than consumer credit, and it
is not for sole traders or for borrowing in a personal name. The full
position is set out on
[lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## Statement-reading questions
The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk.
## Where to go next
Once you have read your own pages, the companion guides cover what the
lender does with them and what comes next:
[how affordability is assessed](https://creditcorp.co.uk/learn/how-affordability-is-assessed/)
explains the wider check around your statements,
[what you need to apply](https://creditcorp.co.uk/learn/what-you-need-to-apply/)
lists everything to have to hand, and
[how business bridging loans work](https://creditcorp.co.uk/learn/how-business-bridging-loans-work/)
shows how the borrowing itself is priced and repaid. The full terms for all
three products are on the
[products page](https://creditcorp.co.uk/products/), sector context lives on
[industries](https://creditcorp.co.uk/industries/), and the whole series sits on the
[Learn hub](https://creditcorp.co.uk/learn/). For the deeper group and legal story, see
[creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
[See how it works at credicorp.co.uk →](https://credicorp.co.uk/how-it-works/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-business-credit-bureaux-see/
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# What business credit bureaux see.
Your company has a credit file of its own — separate from anything in
your personal name. This guide explains who the UK business bureaux are,
what feeds a company file, and why
**the company is assessed, never you personally**.
When a lender, a supplier or an insurer wants to gauge a company, they
often look at its business credit file — a record held not in any
person's name, but in the name of the company itself. Understanding what
sits in that file, and where it comes from, takes the mystery out of how
your business is seen.
Creditcorp is the growing name for the Credicorp group, and Credicorp
Limited is the lender behind it. This page is a plain-English guide to the
UK business credit bureaux and the company file they build — general
information, not an application and not advice. When you are ready, applying
happens on the lender's own site,
[credicorp.co.uk](https://credicorp.co.uk/how-it-works/).
The borrower is the **company** — a UK private limited
company (Ltd), LLP or PLC — not the director who signs. The assessment
rests on the company's own business credit standing, not a director's
personal file: no personal credit check on a director, and no personal
guarantee. This is **not** consumer lending or sole-trader
finance.
## Who the business bureaux are
A handful of independent agencies hold and rate UK company data.
A business credit-reference agency, or bureau, collects information about
companies and turns it into a report — usually with a score or rating that
sums up how the company manages credit. The main agencies operating in the
UK include **Experian**, **Equifax**,
**Creditsafe** and **Dun & Bradstreet**. They
are independent businesses, not part of any one lender, and they sell access
to their reports to firms that want to assess a company before trading with
it or lending to it.
Because each bureau gathers its data and works out its score in its own way,
the same company can show a slightly different rating from one agency to the
next. There is no single, official business credit score — only the picture
each bureau builds. A company can usually request its own report from any of
them and check what is held.
## What feeds a company credit file
A business file is built from public and commercial data about the company — not a director's household.
## Why the company file is separate from yours
A company is its own legal person, so it carries its own credit identity — distinct from any director.
[No personal guarantee — what it means →](https://creditcorp.co.uk/learn/no-personal-guarantee-what-it-means/)
## One thing about sole traders
The clean split between company and personal only holds for an
incorporated business. A sole trader is not a separate legal person from
the individual running it, so there is no distinct company file and the
line between business and personal blurs — which is one reason Credicorp
lends to **bodies corporate only**: UK limited companies,
LLPs and PLCs. If your business is incorporated, it has its own credit
identity, and that is what is assessed. The
[lending and regulation](https://creditcorp.co.uk/lending-and-regulation/) page explains
where that line sits.
## Business credit file questions
The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk.
## Where to go next
To see how a clear company picture turns into a lending decision, read
[how affordability is assessed](https://creditcorp.co.uk/learn/how-affordability-is-assessed/),
and to understand why the company alone carries the obligation, see
[no personal guarantee — what it means](https://creditcorp.co.uk/learn/no-personal-guarantee-what-it-means/).
The [business finance jargon buster](https://creditcorp.co.uk/learn/business-finance-jargon-buster/)
defines the terms behind a company file, the
[products page](https://creditcorp.co.uk/products/) sets out all three Credicorp
products, and the whole series sits on the
[Learn hub](https://creditcorp.co.uk/learn/). There is even-handed background for the
group on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
[See how it works at credicorp.co.uk →](https://credicorp.co.uk/how-it-works/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-open-banking-shares/
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# What Open Banking shares.
Connecting your business account through Open Banking can make an
affordability check quicker — but it is fair to ask exactly what it lets
a lender see. This guide explains, in plain English, what is read, what
is not, who is in control, and how to switch the connection off. And as
ever, **the company borrows, never you personally**.
Open Banking is simply a secure, regulated way to share your own bank
data with a provider you choose — with your consent, and only for as
long as you allow it. In lending, it replaces the old routine of
downloading statements and emailing them across.
Creditcorp is the growing name for the Credicorp group, and Credicorp
Limited is the lender behind it. When a company applies, an Open Banking
connection is offered as a faster way to show recent trading than sending
statements by hand. This page is a guide, not an application — the exact
requirements are set out on the lender's own site,
[credicorp.co.uk](https://credicorp.co.uk/how-it-works/).
The borrower is the **company** — a UK private limited
company (Ltd), LLP or PLC — not the director who signs. The account you
connect is the **business** account, and a director's
personal banking is not part of a company affordability check. This is
**not** a personal or consumer process.
## How the connection is made
You are always the one who approves it, at your own bank's login.
Open Banking never asks you to hand over your banking username and
password to anyone else. Instead, you are sent to your own bank's secure
login or app, where you sign in exactly as you normally would, choose
which account to share, and approve the request. The bank then issues a
limited, time-bound permission that lets the provider read the data you
agreed to — and nothing more.
Two things follow from that. First, your bank login details stay with
your bank; they are never shared with the lender. Second, because you
grant the permission at your bank and your bank records it, you can see
it and switch it off from the same place at any time. The framework is
the UK's regulated Open Banking standard, built around your consent.
## Exactly what is — and is not — read
For an affordability check, the access is read-only: it can look, but it cannot touch.
In short, it is the same information that already sits on your
business bank statements — shared securely instead of printed.
Reading information and initiating a payment are separate Open Banking
permissions. A statements check only ever uses the read-only one.
## How to switch it off again
Consent is yours to give and yours to withdraw — and it expires on its own anyway.
An Open Banking connection is not a permanent door left open. It is a
specific, revocable consent, and you can end it whenever you like.
There are three things worth knowing:
Revoking access stops future reads; it does not erase information already
used in a decision, which the lender keeps and handles under its privacy
information. How the lender uses and protects business and personal data,
and your rights over it, are set out at
[credicorp.co.uk](https://credicorp.co.uk/).
## Why a company might choose it
It is optional — but for many directors it is simply the easier route.
[How affordability is assessed →](https://creditcorp.co.uk/learn/how-affordability-is-assessed/)
## One thing about who can borrow
Credicorp lends only to bodies corporate — UK limited companies and
LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001,
lending to a body corporate is not a regulated consumer-credit
agreement, so this is business credit rather than consumer credit, and it
is not for sole traders or for borrowing in a personal name. The full
position is set out on
[lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## Open Banking questions
The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk.
## Where to go next
Open Banking is one input into a wider check, so the companion guides
fill in the rest:
[how affordability is assessed](https://creditcorp.co.uk/learn/how-affordability-is-assessed/)
sets out everything the lender weighs,
[what you need to apply](https://creditcorp.co.uk/learn/what-you-need-to-apply/)
lists the practical bits to have ready, and
[the jargon buster](https://creditcorp.co.uk/learn/business-finance-jargon-buster/)
defines the terms in passing. The exact data ask lives with the lender,
and the whole series sits on the
[Learn hub](https://creditcorp.co.uk/learn/).
You can also dip into the
[calculators and tools](https://creditcorp.co.uk/tools/)
before you apply, or read the wider group story at
[creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
[See how it works at credicorp.co.uk →](https://credicorp.co.uk/how-it-works/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
========================================================================
# PAGE: https://corp.creditcorp.co.uk/learn/what-you-need-to-apply/
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# What you need to apply.
A short, honest checklist so the application goes smoothly. Gather a few company details, a UK business bank account, some recent statements and the signing director's ID, and you are ready. The application itself is taken on the lender's site — and remember, **the company borrows, never you personally**.
There is no mystery to applying for short company finance. The lender needs to know which company is borrowing, that it has a UK business bank account, and enough recent trading history to judge whether the borrowing is affordable. That is most of it.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page is a guide; the application is taken on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/apply/), where you can also see the live terms. The checklist below is general — the lender confirms exactly what it needs for your case.
The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal loan, a payday loan or sole-trader finance.
## The checklist, in plain English
Five things to have to hand. With these ready, the application is quick.
- **Company details:** your registered company name and number, so the lender knows exactly which legal entity is borrowing. These match your Companies House record.
- **A UK business bank account:** held in the company's name. This is where funds are paid, and its statements support the affordability check.
- **Around six months of business bank statements:** to show the company's cash flow — money in and out over time. Read-only Open Banking access can provide the same data securely, without uploading files.
- **Director details:** the name and details of the director applying, who must have authority to sign on the company's behalf.
- **Photo ID:** for the signing director, to confirm identity. This is an identity check, not a personal credit check.
## Why each item is asked for
Nothing on the list is busywork — each part answers a specific question.
### To know who is borrowing
The company name and number pin down the exact legal entity, and the director's details and photo ID confirm that the person applying has the authority to bind that company. Because the company is the borrower, this is about identity and authority — not about credit-scoring a director personally.
### To pay the funds correctly
A UK business bank account in the company's name is where an approved loan lands. It also has to be the company's own account, because the company — not the director — is the one receiving and repaying the money. We cover what happens after approval in [how funds reach your account](/learn/how-funds-reach-your-account/).
### To judge affordability
Around six months of statements, or Open Banking access to the same data, let the lender see the company's real cash flow and decide whether the borrowing is affordable and sensible. This protects the company as much as the lender — it is a check that the repayments fit the business.
### What it is not
It is not a personal credit application. There is no personal guarantee, no charge over a home and no personal credit check on a director. The whole assessment is of the business. For the detail, see [how affordability is assessed](/learn/how-affordability-is-assessed/).
[See the five-step overview →](/how-it-works/)
## A note on identity vs personal credit
It is worth separating two things that often get confused. Collecting a director's photo ID is an **identity** check — confirming who is signing and that they can act for the company. It is not a **personal credit** check, and it does not put the director's own money on the line. Credicorp lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001, so this is business credit, not consumer credit. The full position is on [lending and regulation](/lending-and-regulation/).
## Application questions
The questions directors ask most. For anything specific to your application, the lender's team are at credicorp.co.uk.
In short: your company details (registered name and number), a UK business bank account in the company name, around six months of business bank statements or secure Open Banking access, and the signing director's details with photo ID. Have those to hand and the application on credicorp.co.uk is quick.
To understand the company's real cash flow and judge affordability. Around six months of business statements — or read-only Open Banking access to the same data — show money in and out over time. This is an assessment of the business, not a personal credit check on a director. We cover it in how affordability is assessed.
No. The borrower is the company, so the assessment looks at the business. Photo ID and director details are collected to confirm identity and that the person applying has authority to bind the company — not to credit-score them personally.
Yes. Funds are paid to a UK business bank account held in the company's name, and statements from that account support the affordability check. A personal account will not do, because the company is the borrower, not the director.
On the lender's site. This page is the Creditcorp brand front door and does not take applications — applying, uploading documents and managing the account all happen at credicorp.co.uk.
## Where to go next
Once you have the checklist together, the companion guides cover what comes before and after: [how affordability is assessed](/learn/how-affordability-is-assessed/) explains what the lender does with your statements, [how funds reach your account](/learn/how-funds-reach-your-account/) covers what happens once you are approved, and the [how-it-works overview](/how-it-works/) walks the whole journey. The full terms for all three products are on the [products page](/products/), and the whole series sits on the [Learn hub](/learn/).
[Apply at credicorp.co.uk →](https://credicorp.co.uk/apply/)
## Ready when you are
Applying, uploading documents and managing your account all happen on the lender's site, credicorp.co.uk.
========================================================================
# PAGE: https://corp.creditcorp.co.uk/learn/how-funds-reach-your-account/
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# How funds reach your account.
Approval is not the finish line — it is the moment the practical part begins. This guide explains what happens next: reviewing the agreement, signing it, and the funds landing in your company's bank account, often the same working day. Throughout, **the company borrows, never you personally**.
When timing matters — a supplier deadline, a payroll run, a price that will not hold — the question on a director's mind is simple: once we are approved, how soon is the money actually in the account? Here is the honest answer.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page is a guide; signing, funding and managing the account all happen on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). Timing is set by the lender and can vary, so treat the windows below as the usual shape, not a promise.
The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. Funds go to the company's own account, never a personal one. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal loan, a payday loan or sole-trader finance.
## The steps, after approval
Three short stages between a yes and the money in your account.
- **Review the agreement:** the lender prepares the agreement setting out the amount, the charges, the term and the repayment schedule. Read it — this is the binding document, and it is worth a careful look.
- **Sign it:** a director signs on the company's behalf. Signing is the point at which the deal becomes binding, so take the time you need before you do.
- **Funds released:** once signed, the funds are released to the company's UK business bank account. On a fixed-sum Bridging Loan the full amount arrives in one go; on a Flex facility you then draw down against the limit as needed.
## Timing — and the 3pm rule of thumb
Speed is usually the point of short-term finance, so here is what to expect.
Business loans are typically released to the company bank account on the same working day once the agreement is signed. A useful rule of thumb: where the agreement is signed before 3pm UK time on a working day, same-day funding is the usual outcome. Sign later in the day, or over a weekend or bank holiday, and funding tends to fall to the next working day.
Two things sit behind this. First, the clock starts at signing, not at approval — so the faster you review and sign, the sooner the money moves. Second, the exact timing depends on the lender's process and on the receiving bank's own clearing, so it can vary. The live position is always with the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Where the money goes — and why that matters
The destination is not a detail; it is part of how this lending works.
### To the company's own account
Funds are paid to the UK business bank account in the company's name — the same account whose statements supported the application. They are never sent to a director's personal account, because the company is the borrower and the company is what receives and repays the money.
### Then it is the company's to use
Once the money lands, it is working capital for the business: stock, a supplier deposit, a payroll run, a repair that cannot wait. The loan did its job the moment the gap it was raised to bridge is covered.
### Repayment follows the same logic
Because the company holds the funds and owes the debt, repayments come from the company's account on the agreed schedule. And since interest on a Bridging Loan is charged on the outstanding principal, clearing the balance early lowers the cost — see [early repayment explained](/learn/early-repayment-explained/).
### No personal exposure
No personal guarantee, no charge over a home, no personal credit check on a director. The money flows to and from the company, and the obligation stays with the company. For the regulatory backdrop, see [lending and regulation](/lending-and-regulation/).
[See the five-step overview →](/how-it-works/)
## Funding questions
The questions directors ask most. For anything specific to your funding, the lender's team are at credicorp.co.uk.
The lender prepares the agreement, you review it and a director signs on the company's behalf, and the funds are then released to the company's UK business bank account. Signing is the moment the deal becomes binding, so it is the step to take time over.
Business loans are typically released to the company bank account on the same working day once the agreement is signed. Where the agreement is signed before 3pm UK time on a working day, same-day funding is the usual outcome. Timing sits with the lender and can vary, so confirm at credicorp.co.uk.
To the company's own UK business bank account — the one in the company's name that supported the application. Funds are never sent to a personal account, because the company is the borrower, not the director.
On a fixed-sum Business Bridging Loan the full amount is paid in one go after signing, so there is nothing more to do. On a revolving Credicorp Flex facility you draw down what you need, when you need it, against the agreed limit. The mechanics live with the lender.
On the lender's site. This page is the Creditcorp brand front door and does not handle accounts — signing, funding and managing the account all happen at credicorp.co.uk.
## Where to go next
To see funding in the context of the whole journey, [what you need to apply](/learn/what-you-need-to-apply/) covers the step before, [what a business loan agreement covers](/learn/what-a-business-loan-agreement-covers/) explains the document you sign, and the [how-it-works overview](/how-it-works/) runs first look to funds in the bank. The full terms for all three products are on the [products page](/products/), and the whole series sits on the [Learn hub](/learn/).
[Apply at credicorp.co.uk →](https://credicorp.co.uk/apply/)
## Ready when you are
Applying, signing, funding and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-no-charge-over-your-home-means/
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# What no charge over your home means.
For most directors it is the line that matters most. Credicorp takes
**no personal guarantee and no charge over your home** —
the company borrows, and the house you live in stays out of it
entirely. This guide explains what a charge is, why there is none here,
and exactly what that protects.
Ask a director what worries them about business borrowing and the
answer is rarely the interest rate. It is the house. A great deal of
SME lending is offered only if the director will put their home behind
it — and "no charge over your home" means that simply never happens.
Creditcorp is the growing name for the Credicorp group, and Credicorp
Limited is the lender behind it. Every one of its products is lent to
the company alone, with no personal guarantee and no security over a
director's home. This page explains what that protects, and is honest
about what it does not — it is general information, not legal advice;
for your own position, take your own.
The borrower is the **company** — a UK private limited
company (Ltd), LLP or PLC — not the director who signs. This is
**not** a personal loan, a payday loan or sole-trader
finance, and when you are ready, applying happens on the lender's own
site, [credicorp.co.uk](https://credicorp.co.uk/).
## What a charge over a home actually is
To see what "none" protects, it helps to picture what is being left out.
A charge is a legal claim a lender registers against a specific
property — for a home, usually recorded at the Land Registry. It gives
the lender a route to that property if a debt is not paid: in the worst
case, the asset can be sold and the lender paid from the proceeds. A
charge over a *director's* home is exactly that, applied to the
house the director lives in, taken as security for the
*company's* borrowing.
It is a powerful thing to grant. When a director signs a charge over
the family home to support a business loan, the separation that
incorporating a company was meant to create is set aside for that debt.
If the company cannot pay, the lender's claim can reach past the
business and into the home — a heavy outcome from what began as a
short working-capital need. Credicorp does not work this way.
## Why Credicorp takes no charge — and no guarantee
It is a deliberate design choice, not an oversight, and it runs across all three products.
Credicorp lends to the company on the strength of the company's own
trading position. Because the company is the only borrower, the lender
looks to the business — not to a director's house — for repayment.
There is no charge registered against a home, no debenture or security
demanded over a director's personal assets, and no personal guarantee
asked for either. The two protections sit side by side:
## What it protects — an illustration
An illustration to show the shape of it, not a real customer and not a quote.
Picture a small trade company, run by a husband-and-wife pair of
directors, that takes a short Business Bridging Loan to buy materials
for a confirmed contract. The contract then slips: the customer
disputes a line, the final payment lands late, and for a few weeks the
company is genuinely short. The loan is owed in full and the directors
work the problem — but throughout, one thing is simply not in play.
Because Credicorp holds no charge over their home and no personal
guarantee, the lender's claim is to the company, not the house the
family lives in. The pressure stays where it belongs, on the business,
and the home is never security against the debt.
## What it does — and does not — mean
Worth being clear on both sides, so the phrase is not read as more than it is.
[How Credicorp lends →](https://credicorp.co.uk/how-we-lend/)
## It holds across every product
The same protection applies to all three Credicorp products — there is
no charge over a home behind any of them. The
[Business Bridging Loan](https://credicorp.co.uk/business-loans/)
is a fixed sum repaid over a short term; [Credicorp Flex](https://credicorp.co.uk/business-credit-facility/)
is a revolving facility you draw and redraw; and
[Credicorp Slice](https://credicorp.co.uk/credicorp-slice/)
splits a supplier bill into instalments. The full terms for all three
sit on the [products page](https://creditcorp.co.uk/products/), and you can size any
of them with the [calculators and tools](https://creditcorp.co.uk/tools/) before you
ever speak to anyone. To see how the protection fits your trade, the
[industries](https://creditcorp.co.uk/industries/) guides walk through it sector by
sector.
## Why the model is built this way
Lending to the company alone, with no charge over a home, is part of a
single consistent position: Credicorp lends only to bodies corporate —
UK limited companies and LLPs. Under Article 60B of the FSMA Regulated
Activities Order 2001, lending to a body corporate is not a regulated
consumer-credit agreement, so this is business credit rather than
consumer credit, and it is not for sole traders or for borrowing in a
personal name. The full position is set out on
[lending and regulation](https://creditcorp.co.uk/lending-and-regulation/), and the
deeper group and legal detail lives at
[creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
## Charge over your home questions
The questions directors ask most. This is general information, not legal advice; for your own situation, the lender's team are at credicorp.co.uk.
## Where to go next
The closest companion is
[no personal guarantee — what it means](https://creditcorp.co.uk/learn/no-personal-guarantee-what-it-means/),
which covers the promise side of the same coin. To see how the lending
is priced and structured, read
[how business bridging loans work](https://creditcorp.co.uk/learn/how-business-bridging-loans-work/),
and to understand how the lender decides a company can afford to repay
without leaning on a director, see
[how affordability is assessed](https://creditcorp.co.uk/learn/how-affordability-is-assessed/).
The whole series sits on the [Learn hub](https://creditcorp.co.uk/learn/).
[See how Credicorp lends at credicorp.co.uk →](https://credicorp.co.uk/how-we-lend/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-a-business-loan-agreement-covers/
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# What a business loan agreement covers.
Before you sign anything, it helps to know what each part of a business loan agreement is for. This guide walks through the sections in plain English — who the parties are, the amount, the charges, the term, repayment and what happens in default — and a thread runs through all of it: **the company borrows, never you personally**.
A loan agreement is simply the written record of a deal: how much is borrowed, what it costs, how and when it is paid back, and what happens if it is not. Once you can name the parts, the document stops being intimidating and starts being a checklist.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page is a guide, not legal advice and not an application — the binding terms are always the ones in the document you are asked to sign on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/business-loans/). Where figures appear below they are the lender's published product facts, which can change, so check the live pages before you commit.
One point shapes the whole agreement. The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal loan, a payday loan or sole-trader finance.
## The parties — who is actually agreeing
Every agreement opens by naming who is bound by it. Here that is short.
There are two parties: the lender, Credicorp Limited, and the borrower, your company. The company is identified by its registered name and company number, so there is no doubt which legal entity is on the hook. A director signs on the company's behalf because a company can only act through people — but signing as an officer of the company is not the same as borrowing in your own name.
That distinction is the heart of it. Because the company is a separate legal person from its directors, the company is the one that owes the money. The director who signs is not adding their personal liability, and there is no personal guarantee turning a company debt into a personal one. We unpack exactly what that means in [no personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/).
## The amount, and what it costs
Two sections that often blur together but do different jobs.
The **amount** is the principal — the sum the company borrows, before any interest or fees. It is stated as a single figure and, on a fixed-sum loan, paid into the business bank account in one go. With a revolving facility the agreement instead states a limit the company can draw against.
The **charges** set out the cost of credit: how it is calculated and what you will pay. The shape differs by product, so it is worth knowing all three:
- **Business Bridging Loan:** interest at 0.25% a day on the outstanding principal, plus a one-time £5 establishment fee.
- **Credicorp Flex:** interest at 0.25% a day on the drawn balance only, with a £5 fee on the first drawdown and a 14-day repayment cycle.
- **Credicorp Slice:** a flat 6% fee on the bill, charged once, with no daily interest to track.
## The term and the repayment schedule
How long the borrowing lasts, and the rhythm of paying it back.
The **term** is the length of time over which the borrowing is repaid. A Business Bridging Loan runs over a fixed 14 to 84 days; Slice spreads across three or four instalments over up to eight weeks; Flex is ongoing on a 14-day cycle. Matching the term to the need — short borrowing for a short gap — is the heart of using finance well, which is the subject of [short-term vs long-term business finance](/learn/short-term-vs-long-term-business-finance/).
The **repayment schedule** is the practical side of the term: the dates and amounts due. On a Bridging Loan that is weekly or fortnightly instalments across the fixed term; because interest is charged on the outstanding principal, paying ahead of schedule genuinely reduces what you pay. An early-settlement charge of up to 28 days’ interest may apply on the Bridging Loan — waived in many cases — and early repayment is always permitted; the detail is in [early repayment explained](/learn/early-repayment-explained/).
## Default — and who carries it
The section no one enjoys reading, and exactly the one to read carefully.
### What default means
- **Missing a payment** — not paying what is due when it falls due is the most common trigger.
- **Breaking another term** — the agreement may list other obligations whose breach counts as default.
- **What follows** — the agreement sets out the consequences, typically a late fee where one applies (for example Slice's £12) and the lender contacting the company to agree a way forward.
- **Read the wording** — the binding detail is in your agreement, not on this page. If you are unsure, ask the lender or take advice before signing.
### The company as sole obligor
- **The company owes the debt** — it is the only obligor, so default is a company matter, not a personal one.
- **No personal guarantee** — a director's own money and home are not pledged against the borrowing.
- **No charge over assets** — these short-term products are unsecured, with no debenture.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
[Compare all three products →](https://credicorp.co.uk/compare/)
## Why these are business, not consumer, agreements
Credicorp lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated consumer-credit agreement, so this is business credit rather than consumer credit, and the consumer-credit protections that apply to personal borrowing do not apply here. The full position is set out on [lending and regulation](/lending-and-regulation/) and on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Agreement questions
The questions directors ask most. For anything specific to your agreement, the lender's team are at credicorp.co.uk.
Two parties: Credicorp Limited, the lender, and your company — a UK private limited company, LLP or PLC. A director signs on the company's behalf, but the director is not a party in their own name. The company is the borrower and the company alone owes the money.
No. There is no personal guarantee, no charge over a home and no personal credit check on a director. The agreement is between the lender and the company, so the obligation to repay sits with the company. This is one of the defining features of the Credicorp model.
It states how the cost of credit is worked out and what you will pay. For a Business Bridging Loan that is interest at 0.25% a day on the outstanding principal plus a one-time £5 establishment fee; for Slice a flat 6% fee; for Flex daily interest on the drawn balance plus a first-drawdown fee. Every product caps the total cost at 100% of what was borrowed.
Broadly, not paying what is due when it falls due, or breaking another term of the agreement. The agreement sets out what happens next — typically a late fee where one applies and the lender contacting the company to put things right. The exact wording is in the agreement you are asked to sign, so read it.
No. This is general information to help a director understand the shape of a business loan agreement. It is not legal advice and not a substitute for reading your own agreement. The binding terms are the ones in the document the lender asks you to sign at credicorp.co.uk.
## Where to go next
Now that the agreement holds no surprises, the companion guides take each part further: [no personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/) explains the sole-obligor point, [the 100% cost cap](/learn/the-100-percent-cost-cap/) unpacks the charges ceiling, and [the jargon buster](/learn/business-finance-jargon-buster/) defines any term you meet along the way. The full terms for all three products are on the [products page](/products/), and the whole series sits on the [Learn hub](/learn/).
[See the products at credicorp.co.uk →](https://credicorp.co.uk/business-loans/)
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# Paying it back early, and why it pays.
Short-term credit is at its best when it is cleared the moment the cash arrives. This guide explains how early settlement works, the conditional early-settlement charge that may apply on the Business Bridging Loan, how the daily charge rewards paying ahead, how the 100% cost cap protects you, and the refund Slice can offer. Throughout, **the company borrows, never you personally**.
With some borrowing, paying off early is punished — you owe the interest as if you had run the full term. Short company credit through Credicorp works the other way: the sooner you clear it, the less it costs, and settling early is always permitted. On the Business Bridging Loan, an early-settlement charge of up to 28 days' interest may apply, and it is waived in many cases — the exact amount, if any, is always shown in your settlement figure before you confirm.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page is a guide, not an application — repaying early, in full or in part, is done with the lender on its own site, [credicorp.co.uk](https://credicorp.co.uk/). The figures below are the lender's published product facts, which can change, so check the live pages before you commit.
As ever, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal loan, a payday loan or sole-trader finance.
## Early settlement — how it works
The most important thing to say plainly: early settlement is always permitted, and it usually saves you money.
If the company's cash comes in ahead of schedule — a customer pays sooner, a season lands well, a quiet patch ends — it can request a settlement figure and clear the balance. The point of a short-term facility is to bridge a gap, so closing it the moment the gap closes is exactly how it is meant to be used.
On the **Business Bridging Loan**, an early-settlement charge of **up to 28 days' interest** may apply. It is calculated from your own loan's daily rate — never invented — and it is the only charge for settling early. We waive it automatically in many cases: if the company is in financial difficulty, if settling early would not leave you better off, or in recognition of a consistent record of good standing. Because the decision is made from your own circumstances, the figure you see in your settlement quote already reflects any waiver — there is nothing to claim separately. Even after any charge, settling early usually means paying less than the original total.
## Why paying ahead lowers the cost
On the Bridging Loan and Flex, the maths is on your side.
Interest on a Business Bridging Loan is 0.25% a day on the *outstanding* principal, and on Credicorp Flex it is 0.25% a day on the *drawn* balance. The word that matters is outstanding: the charge is on what you still owe today, not on what you originally borrowed.
So every repayment does two things at once. It shrinks the balance, and it shrinks the daily interest that balance attracts from then on. Pay a chunk off early and you are not just shortening the term — you are cutting the daily cost for every remaining day. Clear the balance entirely and the daily interest stops the same day. You can see the effect for your own numbers in the [Bridging Loan cost calculator](/tools/bridging-loan-cost/) and the [Flex facility cost calculator](/tools/flex-facility-cost/).
## How the 100% cost cap works alongside
The cap and early repayment protect different things — together they cover both.
Every Credicorp product caps the total cost of credit at 100% of the amount borrowed. However the term runs, the company can never repay more than twice the principal in charges. That is the backstop for the worst case — a balance left to run.
Early repayment is the everyday case, and it usually keeps you far below that ceiling, because you stop interest accruing the moment you settle. In other words: the cap bounds the maximum, and paying ahead lowers the actual. We give the ceiling its own full explainer in [the 100% cost cap](/learn/the-100-percent-cost-cap/).
## Slice is different — the unused-fee refund
A flat fee instead of daily interest changes how early settlement helps.
### How Slice charges
Credicorp Slice splits a supplier bill of £50 to £2,000 into three or four instalments over up to eight weeks, with the supplier paid in full today. Instead of daily interest, it uses a single flat fee of 6% of the bill, set out up front. There is no daily charge to switch off, so the saving comes from a different place.
### What early settlement gives you
Where a Slice plan is settled early, the lender can refund the unused part of the flat fee — so paying ahead is still rewarded, just through a refund rather than by stopping a daily charge. The exact terms of any refund sit with the lender; confirm them on the [Slice page](https://credicorp.co.uk/credicorp-slice/) before you commit. Like the others, Slice caps total cost at 100% of the amount.
[Try the Slice instalment calculator →](/tools/slice-instalments/)
## A worked example
An illustration, not a real customer and not a quote — just to show the shape of it.
A small services company, trading as a UK limited company, takes a Business Bridging Loan to cover a payroll run while it waits on a confirmed client payment. The plan is a short fixed term, repaid in fortnightly instalments, with interest accruing at 0.25% a day on the outstanding principal.
Halfway through, the client pays earlier than expected. The company asks for a settlement figure — which shows the balance, accrued interest, and any early-settlement charge (or waiver) — and clears the remaining balance straight away. From that day the daily interest stops, so the company pays for the days it actually used the money and no more — well inside the 100% cap, and with nothing left open. The agreement was with the company, so no personal guarantee was given and no charge sat over anyone's home.
## Early repayment questions
The questions directors ask most. For anything specific to your account, the lender's team are at credicorp.co.uk.
Early settlement is always permitted on all Credicorp short-term products. On the Business Bridging Loan, an early-settlement charge of up to 28 days' interest may apply — it is waived in many cases, and the exact amount is always shown in your settlement figure before you confirm. Settling early still usually leaves you paying less than the original total, because you stop the remaining daily interest from accruing.
Because interest is charged on the outstanding principal, day by day — not on the original amount. Every payment reduces the balance, and a smaller balance accrues less interest each day, so settling early genuinely lowers the total cost rather than just bringing the end date forward.
The cap is a hard ceiling — the total cost of credit never exceeds 100% of the amount borrowed on any of the three products. Early repayment usually keeps you well below that ceiling, because you stop interest accruing. The cap protects the case where a balance runs the full term; paying ahead protects the everyday case.
Slice is a little different. It uses a single flat fee of 6% rather than daily interest, so there is no daily charge to switch off. Instead, settling a Slice plan early can earn a refund of the unused part of the fee. The exact terms sit with the lender — check before you commit at credicorp.co.uk.
This site is the Creditcorp brand front door and does not handle accounts. Repaying early, in full or in part, is done through the lender — applying, drawing down and managing the account all happen on credicorp.co.uk.
## Where to go next
To see how early repayment sits inside the wider picture, [the 100% cost cap](/learn/the-100-percent-cost-cap/) explains the ceiling in full, [how business bridging loans work](/learn/how-business-bridging-loans-work/) covers the product end to end, and [a Bridging Loan vs a business overdraft](/compare/bridging-loan-vs-overdraft/) weighs it against the alternative. The full terms for all three products are on the [products page](/products/), and the whole series sits on the [Learn hub](/learn/).
[See the products at credicorp.co.uk →](https://credicorp.co.uk/business-loans/)
## Ready when you are
Applying, drawing down, repaying and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/business-finance-jargon-buster/
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# Business finance, in plain English.
Finance has a language of its own, and it is easy to feel you are nodding along to words no one ever defined. This glossary explains the terms used across this site, in plain English — from body corporate to cost cap. And a recurring theme throughout: on every Credicorp product, **the company borrows, never you personally**.
You should not need a dictionary to borrow sensibly for your company. The terms below come up again and again across our pages, so here they are, defined once, clearly, with no salesmanship.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. Several entries below describe how a particular term applies to the three live products; the full detail, and the live figures, are on the [products page](/products/) and with the lender at [credicorp.co.uk](https://credicorp.co.uk/).
One definition is worth stating up front. Throughout this site the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## The glossary
Alphabetical, plain English, no jargon to explain the jargon. Figures quoted are the lender’s published product facts and can change — always check the live product page.
| Term | What it means |
| --- | --- |
| APR (annual percentage rate) | A way of expressing the cost of credit as a yearly percentage, so different products can be compared on one figure. APR is most useful for borrowing held for a year or more. For short-term business credit measured in days or weeks, the total cost in pounds over the period you actually borrow is usually the more honest guide. |
| Article 60B | The provision in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 that defines a regulated credit agreement. Lending to a body corporate falls outside it, which is why lending to a UK company is exempt business lending rather than consumer credit. See our lending and regulation page. |
| Body corporate | A legal entity with its own identity separate from the people who run or own it — a UK limited company, LLP or PLC. Because a body corporate is a person in law, it can borrow in its own name. Credicorp lends only to bodies corporate, never to individuals or sole traders. |
| Companies House | The UK registrar of companies. Every limited company and LLP is registered there, with a public record of its officers, accounts and registered office. A lender to a company will typically verify the borrower against its Companies House record. |
| Cost cap | A hard ceiling on how much credit can ever cost. Every Credicorp product caps the total cost at 100% of the amount borrowed, so whatever happens, you can never repay more than double the principal in charges. It is a protection that keeps the cost of short-term credit from running away. |
| Debenture | A formal document by which a company grants a lender security over its assets — often a floating charge over the business as a whole. It is common in larger secured lending. Credicorp’s short-term products are unsecured and do not involve a debenture or a personal guarantee. |
| Drawdown | The act of actually taking money from a credit facility. With a revolving facility you draw down what you need, when you need it, rather than receiving the whole limit at once. With Credicorp Flex you pay interest only on the amount you have drawn down, not the undrawn limit. |
| Establishment fee | A one-off fee charged to set up a facility, separate from interest. On a Credicorp Business Bridging Loan it is a one-time £5, and on Credicorp Flex a one-time £5 charged on your first drawdown. It is disclosed up front and counts towards the cost cap. |
| Flat fee | A single fixed charge for credit, set as a percentage of the amount and not accruing day by day. Credicorp Slice uses a flat fee of 6% of the bill, charged once — so you know the whole cost before you commit, with no daily interest to track. |
| LLP (limited liability partnership) | A partnership that is also a body corporate, so the business has its own legal identity and the members’ liability is limited. An LLP can borrow in its own name. Credicorp lends to LLPs as it does to limited companies and PLCs. |
| Ltd (private limited company) | The most common UK company form — a body corporate owned by shareholders whose liability is limited to what they have put in. The company is a separate legal person from its directors, which is why it, not the director, is the borrower on a Credicorp agreement. |
| Open Banking | A secure, regulated way for a business to share read-only access to its bank transaction data with a provider it chooses. A lender can use it to run an affordability check on a company’s real cash flow quickly and safely, instead of relying on posted statements. |
| Personal guarantee | A promise by an individual — usually a director — to repay a company’s debt personally if the company cannot. It puts the director’s own money, and sometimes their home, on the line. Credicorp products carry no personal guarantee: the company is the borrower, full stop. |
| PLC (public limited company) | A body corporate whose shares can be offered to the public, subject to a higher minimum share capital and stricter reporting. A PLC borrows in its own name like any other company. Credicorp lends to PLCs alongside limited companies and LLPs. |
| Principal | The amount of money actually borrowed, before any interest or fees. Interest on a Credicorp Business Bridging Loan is charged on the outstanding principal, so as you pay the principal down, the interest falls with it. |
| Revolving facility | A credit line a company can draw on, repay and draw on again up to an agreed limit, rather than a one-off lump sum. Credicorp Flex is a revolving facility: useful when needs rise and fall, because you only pay for what you draw and can reuse the headroom as you repay. |
| Secured vs unsecured | Secured borrowing is backed by specific assets a lender can claim if it is not repaid; unsecured borrowing is not. Credicorp’s short-term products are unsecured business credit — no charge over assets, no debenture and no personal guarantee. |
| Term | The length of time over which borrowing is repaid. A Credicorp Business Bridging Loan has a fixed term of 14 to 84 days; Credicorp Slice runs across 3 or 4 instalments over up to 8 weeks; Credicorp Flex is ongoing on a 14-day cycle. Matching the term to the need is the heart of using finance well. |
| Working capital | The everyday cash a business needs to keep trading — to buy stock, pay staff and settle suppliers while it waits to be paid. Short-term working-capital finance is designed to cover the gap between money going out and money coming back in. |
Two terms earn their own pages. For the regulatory ones — Article 60B and body corporate — see [lending and regulation](/lending-and-regulation/). For how the cost terms play out across the three products, see the [products page](/products/).
## A word on the regulatory terms
Two entries above — **body corporate** and **Article 60B** — sit at the heart of how Credicorp lending works, so they are worth a sentence more. Because Credicorp lends only to bodies corporate, and because lending to a body corporate falls outside Article 60B of the FSMA Regulated Activities Order 2001, this is exempt business lending rather than a regulated consumer-credit agreement.
In plain terms, that means these products are for UK companies, never for individuals or sole traders, and the consumer-credit protections that apply to personal borrowing do not apply here. The full position, set out carefully, is on our [lending and regulation](/lending-and-regulation/) page and on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Where to go next
- [The cash-flow gap, explained](/learn/cashflow-gap-explained/) — the working-capital terms above, put to work.
- [Short-term vs long-term finance](/learn/short-term-vs-long-term-business-finance/) — matching the term of borrowing to the life of the need.
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [The three products](/products/) — where the cost terms above are set out in full.
- [Lending & regulation](/lending-and-regulation/) — body corporate and Article 60B in detail.
- [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/) — the deeper group, company and regulation detail.
When a product is the right fit, applying, drawing down and managing your account all happen on the lender’s site, [credicorp.co.uk](https://credicorp.co.uk/).
## Now you speak the language
See how the terms above land across the three products — or apply on the lender’s site, credicorp.co.uk.
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# Business finance myths, set straight.
A lot of received wisdom about company finance is half-true at best. This is an even-handed look at the common myths — personal guarantees, APR, who actually lends to companies — with the reality next to each. It is not a sales pitch, and where Credicorp comes up it is named as one example. As ever, **the company borrows, never you personally**.
Some of the most repeated lines about business borrowing are simply out of date, or true only in narrow cases. Believing them can cost a company money — or stop it taking finance that would genuinely help. The aim here is to be fair: name the myth, give the reality, and leave the decision with you.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page is general information, not a pitch and not an application. Where a Credicorp fact appears it is there to illustrate, not to push; the live terms always sit with the lender at [credicorp.co.uk](https://credicorp.co.uk/).
One thing to keep in view as you read: throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. This is **not** a personal loan, a payday loan or sole-trader finance.
## Six myths, and the reality
Each card states a common belief, then sets out a fair, plain-English correction. Figures quoted are the lender's published product facts and can change — always check the live pages.
Not always. A personal guarantee is common in some lending, but it is not a law of nature. It depends on the lender and the product. Credicorp short-term products carry no personal guarantee at all — the company is the borrower, with no charge over a director's home and no personal credit check. Whether other lenders ask for one is a question to put to them directly.
APR is useful, but it is not the whole story — and for short borrowing it can mislead. APR annualises a cost, which suits borrowing held for a year or more. For credit measured in days or weeks, the total cost in pounds over the period you actually borrow is usually the more honest guide. Look at both, and match the measure to the term.
No. Banks are one source, not the only one. A range of specialist and non-bank lenders provide working capital to UK companies, often with different products, speeds and criteria. Credicorp is one such lender, offering short-term finance to incorporated businesses. The right source depends on the need — compare honestly rather than assuming.
"Expensive" depends on how long you hold it and how you repay. A high daily or annualised rate can still mean a small cost in pounds if the borrowing is short and cleared promptly. With Credicorp, interest on the Bridging Loan is charged on the outstanding balance, an early-settlement charge of up to 28 days’ interest may apply on the Bridging Loan (waived in many cases), and the total cost is capped at 100%. Judge the cost in pounds, over your actual term.
Often the opposite. Plenty of profitable, healthy companies use short-term finance to bridge the gap between paying suppliers and being paid by customers — to buy stock ahead of a season, or to take an order they could not otherwise fund. Using finance to grow or smooth cash flow is ordinary business practice, not a sign of distress.
A cap is simply a ceiling. Every Credicorp product caps the total cost of credit at 100% of the amount borrowed, so a company can never repay more than twice the principal in charges. There is no hidden mechanism — it is a hard limit that protects the borrower's downside. The detail is on the products page and with the lender.
## Two worth a second look
The personal-guarantee myth and the APR myth come up most, so they earn a little more space.
### "You always need a personal guarantee"
This one matters because it can put directors off borrowing, or push them to sign away protection they did not have to. The truth is that a personal guarantee is a feature of *some* lending, not all of it. It turns a company debt into a personal one, often with a director's home behind it.
Credicorp's short-term products carry no personal guarantee: the agreement is between the lender and the company, with no charge over a home and no personal credit check on a director. Whether any other lender requires one is a fair question to ask them up front. We unpack the idea in full in [no personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/).
### "APR is the only cost that matters"
APR is a genuinely useful tool — it lets you compare borrowing on a single yearly figure. But it annualises, which makes most sense for credit you hold for a year or more. For borrowing measured in days or weeks, an annualised number can look alarming while the actual cost in pounds is modest.
The fairer guide for short-term credit is the total cost in pounds over the period you actually borrow. Look at both, and match the measure to the term. The [jargon buster](/learn/business-finance-jargon-buster/) defines APR and flat fee side by side, and the [cost calculator](/tools/bridging-loan-cost/) shows the pounds for a given amount and term.
[Compare finance, even-handedly →](/compare/)
## One myth worth getting exactly right
A final misconception is that all lending carries the same consumer protections. It does not. Credicorp lends only to bodies corporate — UK limited companies and LLPs — and under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated consumer-credit agreement. So this is business credit, not consumer credit, and the consumer-credit protections that apply to personal borrowing do not apply here. It is exactly the kind of thing worth understanding rather than assuming — the full, careful position is on [lending and regulation](/lending-and-regulation/) and on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Where to go next
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [No personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/) — the myth above, in full.
- [The 100% cost cap](/learn/the-100-percent-cost-cap/) — why a capped cost is a protection, not a catch.
- [The jargon buster](/learn/business-finance-jargon-buster/) — APR, flat fee and the rest, defined plainly.
- [Compare business finance](/compare/) — even-handed comparisons for directors.
- [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/) — the deeper group, company and regulation detail.
When a product is the right fit, applying, drawing down and managing the account all happen on the lender's site, [credicorp.co.uk](https://credicorp.co.uk/).
## Decide with clear eyes
The facts are above; the live terms are with the lender. When you are ready, everything customer-facing happens on credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/learn/how-to-improve-your-business-credit-score/
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# How to improve your business credit score
**URL:** https://creditcorp.co.uk/learn/how-to-improve-your-business-credit-score/
**Section:** Learn
**Published:** 2026-06-24
A plain-English guide to improving a UK company's credit score at Experian, Creditsafe and Dun & Bradstreet before applying for business finance.
## Eight steps that move the needle
1. **Pay suppliers and creditors on time** — every time. Payment history is the single biggest driver in every major bureau algorithm. Consistent on-time settlement, month after month, is the longest lasting fix.
2. **Satisfy outstanding County Court Judgements (CCJs)** — pay within one month of the original judgement to have it set aside entirely; pay later and it stays but is marked satisfied, which most lenders treat very differently from an outstanding one.
3. **File accounts and confirmation statement on time** — Companies House filings are public, and bureaux read them. Accounts are due nine months after financial year end; the confirmation statement within 14 days of the incorporation anniversary.
4. **Check your credit file for errors and dispute them** — order reports from Experian, Creditsafe, Dun & Bradstreet and Equifax, compare against your own records, and raise formal disputes for anything that does not match.
5. **Keep credit utilisation low** — running revolving lines at or near their limit for extended periods signals dependency rather than a buffer.
6. **Register at your trading address and keep it current** — a mismatch between your Companies House address and your actual trading location can trigger consistency flags in automated checks.
7. **Limit unnecessary credit applications in a short window** — hard searches leave footprints; a cluster of them in a few weeks can look like a cash-strapped company chasing any line it can find.
8. **Build a longer, cleaner trading history** — company age and an uninterrupted, clean record compound over time; there is no shortcut.
## How long does improvement take?
| Action | Typical time to update on file |
|---|---|
| Disputing and correcting an error | 4–6 weeks after dispute lodged |
| Satisfying a CCJ | 4–8 weeks after payment and Certificate of Satisfaction |
| Filing overdue accounts | 4–6 weeks after Companies House processes the filing |
| Paying down credit utilisation | Typically next monthly bureau refresh |
| Building positive payment history | 3–6 months for material score movement |
| Lengthening trading record | Continuous — compounds over years |
## Three common mistakes
- **Mixing personal and company finances** — keep them strictly separate.
- **Ignoring the Companies House record** — incomplete or stale filings are a visible gap bureaux flag.
- **Assuming a good personal credit score fixes a company score** — they are scored separately; a clean personal file will not compensate for late trade payments or unresolved CCJs on the company's record.
## When the score matters less than you think
Credicorp's underwriting for its short-term products (Business Bridging Loan, Credicorp Flex, Credicorp Slice) places significant weight on how the company actually trades — bank-statement picture, Open Banking data, and cash-flow history. A company with a modest bureau score but a clean, active trading account may well be assessable.
## Related guides
- [What business credit bureaux see](https://creditcorp.co.uk/learn/what-business-credit-bureaux-see/)
- [Preparing your company to borrow](https://creditcorp.co.uk/learn/preparing-your-company-to-borrow/)
- [How a lending decision is made](https://creditcorp.co.uk/learn/how-a-lending-decision-is-made/)
- [Reading your own bank statements](https://creditcorp.co.uk/learn/reading-your-own-bank-statements/)
To apply for business finance, visit [credicorp.co.uk](https://credicorp.co.uk). Creditcorp (this site) is the brand front door; the operating lender is Credicorp Limited. The borrower is always the company — UK Ltd, LLP or PLC — no personal guarantee, no charge over a director's home.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-a-directors-loan/
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# What is a director's loan — and when does business finance replace it?
A plain-English guide to director's loan accounts (DLAs): what they are, how HMRC taxes an overdrawn DLA, the 9-month Section 455 repayment clock, and the practical point at which external business finance from Credicorp is the cleaner, lower-risk alternative.
From Creditcorp — the brand front door for the Credicorp group. Educational only; not tax advice. To apply, head to credicorp.co.uk.
## What is a director's loan account?
A director's loan account (DLA) is a running record in the company's books of money that has passed between the director and the company outside of salary and dividends.
- **In credit** — the company owes the director (the director has lent more than they have taken).
- **Overdrawn** — the director owes the company (the director has drawn out more than they have put in).
An overdrawn DLA is, in effect, an interest-free loan from the company to the director personally.
## The 9-month rule and Section 455
If a director's loan account is still overdrawn nine months after the company's accounting year end, the company must pay HMRC a Section 455 Corporation Tax charge — currently **33.75% of the outstanding overdrawn balance**.
This charge is repayable once the director clears the loan, but the refund follows HMRC's timetable (typically another nine-month wait). In the meantime the company has handed over roughly a third of the overdrawn amount.
A benefit-in-kind charge may also apply if the overdrawn balance exceeds £10,000 and the loan is interest-free or below the HMRC official rate.
## When business finance is a cleaner choice
A Credicorp company loan does something a DLA cannot: it brings new cash into the business from outside, and the company — not the director personally — is the borrower and the sole obligor. No personal guarantee, no charge over a home, no personal credit check.
Business finance tends to be the cleaner answer when:
- The DLA is already overdrawn or approaching the nine-month threshold.
- The working-capital need is short-term and time-boxed — a confirmed order, a supplier deposit, a stock purchase with a known repayment date.
- The tax cost of the DLA (S455 + benefit-in-kind) would exceed the cost of a short-term company loan.
- Clean bookkeeping matters — a company loan is a transparent arm's-length transaction on the balance sheet.
## The Credicorp products
All three products lend to the company. Never to the director.
- **Business Bridging Loan** — £50–£500, 14–84 days, 0.25%/day on principal, £5 establishment fee, 100% cost cap.
- **Credicorp Flex** — revolving facility, draw and redraw, interest on drawn balance only, 14-day rolling cycle.
- **Credicorp Slice** — spread a single supplier invoice across 3 or 4 fortnightly instalments, flat 6% fee.
## Links
- [How business bridging loans work](/learn/how-business-bridging-loans-work/)
- [What a revolving credit facility is](/learn/what-a-revolving-credit-facility-is/)
- [Compare the three products](/compare/the-three-products/)
- [No personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/)
- [Apply at credicorp.co.uk](https://credicorp.co.uk/apply/)
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# PAGE: https://corp.creditcorp.co.uk/learn/how-credicorp-compares-to-a-business-overdraft/
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# How Credicorp compares to a business overdraft
A plain-English comparison between a Credicorp short-term business facility and a bank business overdraft — eligibility, speed, cost and revolving access for UK limited companies.
**Site:** [creditcorp.co.uk/learn/how-credicorp-compares-to-a-business-overdraft/](https://creditcorp.co.uk/learn/how-credicorp-compares-to-a-business-overdraft/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- The comparison, side by side
- When each option fits
- The personal guarantee question
- Five steps to decide which to use
- Overdraft vs Credicorp questions
- Related guides
- Ready to apply?
## Step-by-step guide
**Step 1: Check whether your company already has a bank overdraft available**
If you have a business current account with a UK bank, check whether an overdraft facility is already attached. Log in to business banking or call the relationship manager. If an overdraft exists and the cost is lower than the alternative, it may be the right first choice for a very short gap.
**Step 2: If no overdraft exists, identify how quickly you need the funds**
A new bank overdraft application typically takes days to weeks and requires a pre-existing banking relationship. If you need funds today or within 24–48 hours, a Credicorp facility is the faster route — the assessment is automated and funding can happen same working day on approval.
**Step 3: Compare the total cost for your specific term**
For a bank overdraft, add together: the arrangement fee, annual review fee, monthly usage fee, and interest on the drawn balance for the period you expect to use it. For a Credicorp Bridging Loan, multiply the principal by 0.25% by the number of days, add £5, and apply the 100% cap. For short defined-term use, compare the two totals.
**Step 4: Check whether a personal guarantee is required**
Ask the bank explicitly whether the overdraft requires a personal guarantee from a director. If it does, and you want to keep the company's obligations separate from your personal finances, a Credicorp facility — which carries no personal guarantee — may be the cleaner choice.
**Step 5: Choose based on need shape, speed, cost and personal exposure**
If you have an existing low-cost bank overdraft with no personal guarantee and the gap is small and very short, the overdraft may win on cost. If speed matters, there's no overdraft in place, the cost is comparable, or a personal guarantee is a concern, apply at credicorp.co.uk.
## Frequently asked questions
**What is the main difference between a business overdraft and a Credicorp facility?**
A bank business overdraft is a revolving arrangement tied to a current account, usually requiring a pre-existing banking relationship and sometimes a personal guarantee from the director. A Credicorp facility is standalone — no existing banking relationship is needed, no personal guarantee is taken, and no charge over a director's property is required. The decision is based on the company's financial picture, not on how long it has banked with a particular lender.
**Can any UK limited company get a business overdraft?**
Not automatically. Most banks require the company to hold a business current account with them — often for six months or more — before offering an overdraft. They may also require a personal guarantee from the director, and newer companies are frequently declined. Credicorp considers applications from companies with active UK business bank accounts without requiring a banking relationship with Credicorp itself.
**Is a business overdraft cheaper than a Credicorp loan?**
Overdraft pricing varies by bank and arrangement. A bank overdraft often charges an arrangement fee (typically 1–2% of the facility), an annual review fee, and a monthly usage fee, plus an interest rate on the balance drawn. Total cost depends on how the facility is used. A Credicorp Bridging Loan charges 0.25% per day with a £5 establishment fee, capped at 100% of the principal. For a short, defined-term need (a few weeks), the Credicorp structure can be cheaper than carrying an overdraft facility with annual fees.
**Does a business overdraft take a personal guarantee?**
Many banks do require a personal guarantee for a business overdraft, particularly for smaller companies and newer businesses. Some do not, depending on the bank's policy and the company's profile. Credicorp does not take a personal guarantee on any of its products — the lending is to the company only, and no director is personally liable if the company fails to repay.
**How quickly can Credicorp pay out compared to a bank overdraft?**
A bank business overdraft involves an application and underwriting process that may take days to weeks, plus the requirement for an existing account. Once approved, an overdraft is available on demand. A Credicorp facility can typically be approved and funded same working day after application — there is no prior banking relationship required and the assessment uses Open Banking data and business credit bureau checks rather than a manual credit file review.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/how-to-choose-the-right-business-finance/
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# How to choose the right business finance.
The right product depends on the shape of the need. A one-off gap with a known repayment date calls for a fixed-term advance; a recurring, rolling shortfall suits a revolving facility; a single supplier invoice is what Slice is built for. This guide walks through the decision in five steps. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## The three products at a glance
Different shapes of need call for different tools. Here is what each one is.
**Business Bridging Loan** — a fixed-sum advance paid into the company bank account, repaid over a fixed term of 14 to 84 days. Interest accrues daily on the outstanding balance at 0.25% per day. One-time £5 establishment fee. Total cost capped at 100% of the principal. *Suits: a one-off cost with a known repayment event — a confirmed order's stock, a supplier deposit, an urgent repair, a seasonal stock-up.*
**Credicorp Flex** — a revolving credit facility with a limit you draw, repay and redraw as needed. Interest accrues daily on the drawn balance only — idle headroom costs nothing. Minimum repayment every 14 days. Total cost capped at 100% of the principal. *Suits: a recurring working-capital gap — short every month because customer payment terms run beyond supplier payment terms.*
**Credicorp Slice** — a single large supplier invoice split into a series of smaller instalments. Flat fee of 6% on the invoice amount — no daily interest. Designed for one specific bill, not a general working-capital gap. *Suits: a company that needs to pay a supplier now and spread the cost over a short term, without drawing on a general credit line.*
## Five steps to choose the right product
Work through these in order. The answer usually becomes clear by step two or three.
**Step 1: Is there a specific need?** Short-term working capital is not general funding. Is there a definite, identifiable gap — a stock purchase, a supplier invoice, a cash-flow timing problem — or is the company looking for a general buffer? If the need is not specific and short-term, none of these products is the right answer.
**Step 2: Is it one event or recurring?** A one-off confirmed order calls for a bridge — a fixed amount for a fixed period. A recurring monthly shortfall (customers on 60-day terms, suppliers on 30) calls for a facility you can draw and repay repeatedly.
**Step 3: Is it a specific invoice?** If the need is to pay one identified supplier invoice and spread the cost, Slice is the purpose-built product. It is not a general credit line; it is tied to a single bill.
**Step 4: How long does the gap last?** The Business Bridging Loan runs for 14 to 84 days. If the gap closes within that window — because a confirmed payment is due, or a seasonal peak ends — a fixed-term advance is clean and predictable. If the gap is longer or less defined, Flex's ongoing revolving structure may suit better.
**Step 5: What is the repayment source?** For every product, the practical question is: what cash is coming in to repay this? A confirmed invoice from a known customer is a strong repayment source. A general hope that things will improve is not.
## When short-term finance may not be the answer
Short-term working capital is not the right solution for every situation.
- If the company is loss-making and the need is to fund losses, short-term credit will not fix the underlying problem.
- If the gap is structural rather than temporary — customer terms are always 90 days and supplier terms always 14 — the question is whether the business model can be adjusted rather than whether to keep bridging the same gap indefinitely.
- If the total cost of the credit exceeds what the underlying transaction makes, the financing cost may make the deal uneconomic.
The lender's team at [credicorp.co.uk](https://credicorp.co.uk/) can help with any specific question about whether a product is the right fit.
## Product choice questions
**We have both a recurring gap and a one-off invoice — can we use both?** Yes. Some companies use a Flex facility for their ongoing working-capital cycle and take a Bridge for a specific one-off event alongside it.
**Is there a minimum amount?** The minimum is £50 for all three products. The Business Bridging Loan maximum is currently £500; Flex limit maximum is £500; Slice maximum invoice value is £2,000.
**Can we use the same product more than once?** The Bridge is a single transaction — you apply, draw, repay and close. Flex is designed for repeated use within the approved limit. Slice is per invoice; each new supplier bill is a separate Slice arrangement.
**Does Credicorp require a personal guarantee?** No, on any product. The agreement is between Credicorp Limited and the company. No personal guarantee, no charge over any director's assets or home.
## One thing about who can borrow
All three products are for **bodies corporate** — UK private limited companies (Ltd), limited liability partnerships (LLPs) and PLCs. They are not for sole traders, partnerships without limited liability status, or individuals borrowing in their own name.
Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated credit agreement. This is exempt business lending — not consumer credit. The full position is on the [lending and regulation](/lending-and-regulation/) page.
## Where to go next
- [A loan or a facility](/learn/a-loan-or-a-facility/) — the structural difference between a fixed advance and a revolving line.
- [The 100% cost cap](/learn/the-100-percent-cost-cap/) — the ceiling on total cost across all three products.
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [The three products compared](/compare/the-three-products/) — Loan, Flex and Slice, side by side.
- [credicorp.co.uk compare page](https://credicorp.co.uk/compare/) — full product comparison on the lender's site.
## Ready when you are
Applying, the decision and managing your account all happen on the lender's site, [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/how-daily-interest-works/
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# Daily interest: how the cost builds up.
Daily interest is the simplest pricing model in short-term business credit: a fixed percentage of the outstanding balance, charged once per day. You borrow an amount, pay 0.25% of it per day, and the cost stops the day you repay. No monthly compounding, no penalty for early payment. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
## The daily rate, explained
Credicorp charges 0.25% of the outstanding principal per day. That is the whole pricing model — no hidden monthly fees, no compounding within the draw, no flat origination charge beyond a one-time £5 establishment fee.
To see the cost for any day, multiply the balance by 0.0025.
**Example at £10,000 principal:**
- Day 1 interest: £10,000 × 0.0025 = £25
- 7 days: £25 × 7 = £175
- 14 days: £25 × 14 = £350
- 30 days: £25 × 30 = £750
- 60 days: £25 × 60 = £1,500
The total cost is capped at 100% of the amount borrowed. On a £10,000 advance, the maximum you could ever pay in interest is £10,000 — and the cost stops accruing if you repay early.
## Worked examples
At three different amounts, three different holding periods. Principal × rate × days.
### Example 1 — £5,000 over 14 days
- Daily charge: £5,000 × 0.0025 = £12.50
- 14 days' interest: £12.50 × 14 = £175
- Plus establishment fee: £5
- **Total cost: £180** — on a £5,000 advance
### Example 2 — £20,000 over 30 days
- Daily charge: £20,000 × 0.0025 = £50
- 30 days' interest: £50 × 30 = £1,500
- Plus establishment fee: £5
- **Total cost: £1,505** — on a £20,000 advance
### Example 3 — Flex facility, partial draw
This example shows how Flex works when the drawn balance changes mid-way through.
- Days 1–14 (£15,000 drawn): £15,000 × 0.0025 × 14 = £525
- Days 15–27 (£5,000 drawn after partial repayment): £5,000 × 0.0025 × 13 = £162.50
- Day 28: balance cleared
- **Total interest: £687.50**
With Flex, interest accrues only on the drawn portion. The undrawn headroom costs nothing.
## The 100% total cost cap
Across all three Credicorp products, the total cost of credit — all interest and fees combined — can never exceed 100% of the amount borrowed. On a £10,000 advance, the maximum total you would ever repay is £20,000 (£10,000 principal + up to £10,000 in costs). In practice, short-term borrowing held for days or weeks will cost a small fraction of that ceiling.
## Daily rate vs APR — why the comparison breaks down
APR (Annual Percentage Rate) was designed to compare credit held for a year or more. Applying it to a 14-day or 30-day advance produces a very large-looking percentage because APR assumes compounding over 12 months — which is simply not how a short bridge works.
A £5,000 advance held for 14 days costs £175. If you think of that as two weeks of a one-year loan and annualise it, the APR figure looks alarming — but the actual cash cost is £175 for the use of £5,000 for a fortnight. The two numbers are measuring different things.
For short-term working capital, the useful figure is total cost of credit: principal × daily rate × days plus the £5 fee. That is what the company actually pays.
## How to calculate the cost for your company
Four steps, no specialist knowledge required.
1. **Decide how much you need to draw.** Borrow only what the gap requires — daily interest means every extra £1,000 adds cost.
2. **Estimate how long you will hold it.** If you have a confirmed order paying in 21 days, you have a realistic repayment date.
3. **Multiply: principal × 0.0025 × days = interest.** Add £5 for the establishment fee.
4. **Check against the 100% cap.** For any advance, the total cost (interest + fee) can never exceed the amount drawn.
Use the [Bridging Loan cost calculator](/tools/bridging-loan-cost/) or the [Flex facility cost calculator](/tools/flex-facility-cost/) to get a precise figure for any scenario.
## Daily interest questions
**Does Credicorp compound interest?** No. Each day's charge is 0.25% of the outstanding principal. There is no compounding within a draw — the rate does not grow, and interest does not accrue on interest.
**What happens if I repay early?** Interest stops on the day of repayment. No early repayment penalty, no exit fee. Repaying one day early saves one day's interest.
**Is there a monthly fee as well?** No. The pricing is the daily rate plus a one-time £5 establishment fee per draw. No monthly administration fee, no annual renewal fee.
**Why is the APR so high?** APR annualises and compounds the cost over 12 months. For a short bridge, the relevant figure is total cost of credit — the amount you actually pay in full. A 14-day advance at 0.25% per day has a total interest cost of 3.5% of the principal — that is the number that matters.
**Does the Flex rate change on a partial repayment?** No. The rate stays at 0.25% per day. What changes is the balance it applies to — after a partial repayment, the daily charge falls because the outstanding principal is smaller.
## Where to go next
- [Bridging Loan cost calculator](/tools/bridging-loan-cost/) — see the total cost for any amount and term.
- [Flex facility cost calculator](/tools/flex-facility-cost/) — model a revolving draw, partial repayment and redraw.
- [The 100% cost cap](/learn/the-100-percent-cost-cap/) — the hard ceiling on total cost, explained in full.
- [A loan or a facility](/learn/a-loan-or-a-facility/) — the structural difference between a term loan and a revolving facility.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
## Borrow only what you need, only as long as you need it
Daily interest means repaying early always costs less. No penalties. No fine print. When the right short-term need is in front of you, apply at [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-a-debenture-and-does-credicorp-take-one/
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# Debentures explained: what they are and what they mean.
A debenture is a legal document that creates a charge over a company's assets in favour of a lender — a form of security that gives the lender rights over those assets if the company cannot repay. Credicorp does not take a debenture. No charge of any kind is taken over the company's assets, a director's home, or any personal property. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
## What is a debenture?
In UK commercial lending, a debenture is a legal instrument that a company grants to a lender as security. It registers the lender as a secured creditor at Companies House — the public record that anyone can search. Once registered, it gives the lender specific rights over the company's assets if the company defaults.
A debenture typically covers the company's assets collectively — property, equipment, receivables, intellectual property, stock. Some debentures cover specific assets only (a fixed charge on a named piece of equipment, for example); others cover the general pool of assets as a whole (a floating charge).
## Fixed charge vs floating charge
A debenture often contains both types.
**Fixed charge** — attaches to a specific, identifiable asset. The company cannot sell or dispose of that asset without the lender's consent. Common on property, plant and equipment.
**Floating charge** — attaches to a class of assets that changes over time, such as stock or trade debtors. It "floats" over the pool until a trigger event (such as default), at which point it crystallises into a fixed charge over whatever assets are in the pool at that moment.
## Does Credicorp take a debenture?
No. Credicorp does not register a charge at Companies House against any borrower company. No fixed charge, no floating charge, no debenture of any kind.
This is an intentional part of Credicorp's product design. The lender assesses affordability and trading history, not asset security. The absence of a charge means:
- The company's assets are not encumbered by a Credicorp facility
- Future lenders and suppliers can see that there is no Credicorp charge on the company's register
- The company retains full freedom to deal with its own assets
## The negative pledge — what it restricts
Although Credicorp does not take a charge, the Business Loan Agreement contains a negative pledge. This is a contractual undertaking — not a registered security — in which the company agrees not to grant a charge to a third party that would rank ahead of Credicorp's unsecured position without Credicorp's consent.
A negative pledge is not registered at Companies House and is not publicly visible. It is a contractual restriction, not a real right against assets. Its practical effect is that the company should not go to another lender and grant a debenture during the term of a Credicorp facility without first checking the agreement.
## How to check the company's charges register
Any registered charge on a UK company is visible at Companies House. To check the company's charges register:
1. Go to the [Companies House search](https://find-and-update.company-information.service.gov.uk/)
2. Search for the company by name or registration number
3. Select "Filing history" and look for form MR01 (mortgage/charge registration) or form MR04 (satisfaction of charge)
4. Under "Officers" or "Charges" (depending on the Companies House website version), look for the list of outstanding charges
A company with a Credicorp facility will show no MR01 from Credicorp, because no debenture is taken.
## Debenture questions
**Will borrowing from Credicorp appear as a charge on Companies House?** No. Credicorp does not register a charge. There will be no entry on the company's charges register as a result of a Credicorp facility.
**If Credicorp takes no charge, what happens if the company defaults?** Credicorp is an unsecured creditor. In insolvency, it ranks behind secured creditors and preferential creditors (e.g. HMRC, employee claims) but ahead of shareholders. It has no special rights over any specific asset.
**Can the company grant a charge to another lender while it has a Credicorp facility?** The negative pledge in the agreement requires the company not to grant a prior-ranking charge without Credicorp's consent. Granting a charge in breach of this term would be a default event.
**Does the director's personal property ever become security?** No. There is no personal guarantee, no charge over a director's home, and no personal security of any kind on a Credicorp product.
**What is a debenture holder?** A debenture holder is the lender in whose favour the charge is registered. Because Credicorp takes no debenture, it is not a debenture holder in any Credicorp borrower company.
## Related guides
- [No personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/) — why the company is the only obligor.
- [What a business loan agreement covers](/learn/what-a-business-loan-agreement-covers/) — the terms you sign when you borrow.
- [Lending and regulation](/lending-and-regulation/) — the legal basis for Credicorp's exempt business lending.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
## Borrow without putting the company on the line personally
No personal guarantee. No charge over your home. The company borrows, you direct. Apply at [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-working-capital-finance/
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# Working capital finance: what it is and when you need it.
Working capital finance is short-term credit that covers the gap between a company paying its costs and being paid by its customers. It is not long-term investment finance; it is the money that keeps operations running while cash is in transit. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## What is working capital?
Working capital is the difference between a company's current assets (cash, trade debtors, stock) and its current liabilities (trade creditors, short-term debt). Positive working capital means the company has more short-term assets than short-term liabilities; negative working capital means the reverse.
In everyday trading, working capital is the cash needed to fund operations between the moment a cost is paid and the moment the corresponding revenue is received. It is the wheel that keeps the business turning — and when it seizes up, even a profitable company can find itself unable to meet its obligations.
## Types of working capital finance
The main product types, and what each is suited to.
**Business Bridging Loan** — a fixed-sum advance, paid in one go, repaid over a term of 14 to 84 days. Interest at 0.25% per day on the outstanding balance. Best for a one-off, time-boxed gap — a confirmed order to stock, a supplier deposit, an urgent repair.
**Credicorp Flex** — a revolving credit facility. A limit is set, and the company draws, repays and redraws as needed, paying interest only on what is drawn. Best for a recurring cash-flow timing gap — customer payment terms consistently longer than supplier payment terms.
**Credicorp Slice** — a single supplier invoice split into instalments for a flat 6% fee. Not a general credit line; it is tied to one specific bill. Best when one chunky invoice creates a temporary cash shortfall.
**Invoice finance (not Credicorp)** — another type of working capital finance is invoice discounting or factoring, where the company advances against its own unpaid invoices. This is not a Credicorp product. For those looking to compare, see [Credicorp Slice vs invoice finance](/compare/slice-vs-invoice-finance/).
## What causes a working capital gap?
Working capital gaps are normal in a trading business. The most common causes:
**Customer payment terms.** A company invoices today and is paid on 30, 60 or 90-day terms. The work is done; the cash is delayed.
**Stock requirements.** To fulfil an order the company must buy materials or stock before the order is complete and invoiced. Cash goes out before it comes in.
**Seasonal trade.** Many businesses have peak seasons that require heavy stock-up before the peak, funded from the previous season's cash — which may itself have been tight.
**Growth.** The faster the company grows, the more cash it needs to fund the next order, the next hire, the next supplier payment — before the next customer payment lands. Fast growth is one of the most reliable generators of working capital gaps.
**Uneven customer concentration.** If a large proportion of revenue comes from one customer whose payment is delayed, the whole company's cash flow is temporarily at risk.
## How to identify and close a working capital gap
**Identify the gap** by mapping when costs leave the account and when revenue arrives. The difference between those dates is the gap; the amount outstanding at any point in the cycle is the peak requirement.
**Assess the repayment source.** Working capital finance is best when there is a clear, near-term repayment event — a confirmed invoice on terms, a known seasonal payment date, an order already in progress.
**Choose the right instrument.** One-off gap with a known repayment date → Bridge. Recurring monthly gap → Flex. One specific invoice → Slice.
**Borrow only what you need for as long as you need it.** Daily interest means every extra day and every extra £1,000 adds cost. Short-term working capital is not a long-term solution; it is a short bridge to a cash event you can already see.
## Working capital finance questions
**Is working capital finance the same as a business loan?** It is a type of short-term business loan, but it is designed specifically for the timing gap between costs and revenues — not for investment, expansion capital or funding losses. The distinction matters for affordability: a timing gap has a natural resolution; a funding gap does not.
**Do I need to provide security?** For Credicorp products, no. No personal guarantee, no debenture, no charge over assets. The lender assesses affordability from bank statement data.
**Can a sole trader use working capital finance?** Not from Credicorp. All three products are for bodies corporate — UK limited companies and LLPs — only. They are not for sole traders or individuals. See [lending and regulation](/lending-and-regulation/).
**How quickly can working capital finance be arranged?** For Credicorp, a completed application submitted before mid-morning on a working day can result in funds the same day. The typical turnaround from application to money in the account is one working day.
**Is it the same as an overdraft?** A revolving facility like Flex is structurally similar to an overdraft — a limit you draw and repay as needed — but it is a formal credit agreement, not a bank product. There is no sweep or automatic draw; the company requests each drawdown. See [Credicorp Flex vs a business overdraft](/compare/flex-vs-overdraft/).
## Related guides
- [The cash-flow gap, explained](/learn/cashflow-gap-explained/) — the timing gap between profitable trading and actual cash.
- [A loan or a facility](/learn/a-loan-or-a-facility/) — the structural difference between a fixed advance and a revolving line.
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [Working-capital gap tool](/tools/working-capital-gap/) — calculate the size and duration of your own gap.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
## Fill the gap. Keep trading.
Same-day decisions. No personal guarantee. The company borrows, never you. Apply at [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-apr-and-why-daily-rate/
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# What is APR? And why do short-term lenders use a daily rate?
A plain-English explanation of Annual Percentage Rate (APR) and why short-term business lenders use a daily rate — why APR comparisons mislead for credit held for weeks rather than years.
**Site:** [creditcorp.co.uk/learn/what-is-apr-and-why-daily-rate/](https://creditcorp.co.uk/learn/what-is-apr-and-why-daily-rate/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What APR actually measures
- The maths, side by side
- Why a daily rate is more transparent for short-term credit
- How to compare credit costs honestly
- APR and daily rate questions
- Related guides
- Transparent pricing, honest comparisons
## Step-by-step guide
**Step 1: Identify the rate type being quoted**
For consumer products (mortgages, personal loans, credit cards) the law requires APR. For business credit products like Credicorp's, the lender publishes the daily rate and fees. Note which you are looking at before comparing.
**Step 2: Calculate the actual cost in pounds for your intended holding period**
For a daily-rate product: balance × daily rate × number of days = interest. Add any fixed fees. For an APR product: convert the APR to a daily or monthly rate equivalent and multiply by the number of days/months you intend to hold the credit. Do not compare the rate percentages directly — compare the total pounds for the same period.
**Step 3: Apply the 100% cost cap as the worst-case ceiling**
For Credicorp products, the total charges (interest plus fees) can never exceed 100% of the amount borrowed. At 0.25%/day on a Bridging Loan this ceiling is reached at around 400 days — far beyond the 84-day maximum term. Use this as the absolute upper bound when stress-testing the cost.
**Step 4: Decide based on total cost, speed and term fit**
Once you have comparable total-cost figures in pounds for the period you actually need, combine with: how quickly the credit is available, whether a personal guarantee is required, and whether the structure (lump sum vs revolving) fits the need. Total cost is one input, not the only one.
## Frequently asked questions
**What is APR?**
APR stands for Annual Percentage Rate. It is a standard way of expressing the total cost of credit — including interest and mandatory fees — as a single yearly percentage, so products with different structures can be compared on one figure. APR was designed for consumer loans held over one year or more, where the annualised cost is a meaningful guide to what the borrower will actually pay.
**Why is APR misleading for short-term business credit?**
APR assumes the credit is held for a full year. Short-term business credit is designed to be held for days or weeks, not 12 months. When a 0.25%/day rate is annualised into an APR, the result looks enormous — because it is calculating what the cost would be if the loan ran for a year. It won't. A company that borrows £10,000 for 14 days at 0.25%/day pays £350 in interest. The APR figure for that transaction tells you nothing useful about that £350.
**Why do short-term lenders use a daily rate instead of APR?**
A daily rate directly reflects how the cost accrues. With a daily rate, every day the company holds the balance it pays exactly 0.25% of the outstanding amount. The total cost is simply balance × rate × days. This is transparent, predictable, and directly rewards early repayment — repay on day 10 instead of day 30 and you pay for 10 days, not 30. An APR would not capture this directly.
**Does Credicorp publish an APR?**
Credicorp products are business credit products, not consumer credit. Consumer credit regulation — which requires representative APR disclosure — applies to consumer lending, not to lending to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001. Credicorp publishes the daily rate (0.25%/day on the Business Bridging Loan and Flex facility), the establishment fee (£5 on the Bridging Loan), and the flat fee on Slice (6%). These figures, combined with the 100% cost cap, give a complete and honest picture of what the credit costs.
**How should I compare the cost of short-term business credit?**
The most honest comparison is total cost in pounds for the holding period you actually intend. For a Credicorp Business Bridging Loan: principal × 0.0025 × days + £5 = total charge. For a bank product: add arrangement fee, annual review fee and interest at the stated rate for the period. Then compare the actual pounds. This is the number that matters — not an annualised rate that assumes credit held for a year.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/the-application-process-step-by-step/
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# From application to funds, step by step.
Applying for a Credicorp business credit facility has six stages: prepare, gather documents, submit, wait for the decision, sign the agreement, and receive the funds. The whole process typically takes one working day. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## The six stages
In order, from preparing the company to money in the account.
### 1. Prepare your company
Before applying, make sure the company is in good standing at Companies House — confirmation statement and accounts not overdue, no outstanding gazette notices. The lender runs a live check during the assessment.
### 2. Gather what you need
The application asks for:
- **Company details** — the registered name and number, exactly as they appear at Companies House
- **A UK business bank account in the company's name** — the account where funds will be paid and statements come from
- **Around six months of bank statements** — or read-only Open Banking access to the same data
- **Director details** — the name and details of the director applying, who must have authority to bind the company
- **Photo ID** — for the signing director, to confirm identity. This is not a personal credit check
### 3. Submit the application
The application form is on [credicorp.co.uk/apply](https://credicorp.co.uk/apply/). It takes around five minutes. You will be asked which product you want and how much, the company details, and — if connecting via Open Banking — to authorise the read-only feed. Alternatively you can upload bank statements directly.
### 4. Receive the lending decision
Credicorp's team reviews the application. They check Companies House, run a business credit bureau check, assess the bank statement data for affordability and trading history, and verify the director's identity. For straightforward applications, the decision comes back the same working day — sometimes within a few hours. The team may come back with a follow-up question.
The decision is either an approval (with the amount and terms set out), a request for more information, or a decline. A decline does not affect the company's business credit record adversely, and Credicorp does not run a personal credit check on any director.
### 5. Review and sign the agreement
If approved, the company receives:
- **A Key Information Sheet** — a short, plain-English summary of the key terms
- **A Business Loan Agreement** (or the equivalent Flex or Slice agreement) — the binding contract between Credicorp Limited and the company
The director must read and sign the agreement. The 14-day cooling-off right to withdraw applies from the date of signing. Before signing, check that the amount, term, rate and repayment schedule match what was agreed.
### 6. Receive the funds
Once the signed agreement is received and verified, Credicorp releases the funds. Payment is made to the company's UK business bank account via Faster Payments. If the agreement is signed before 3 pm on a working day, funds typically arrive the same day.
## How long does the whole process take?
A complete application submitted before mid-morning, with no outstanding queries, can result in funds in the account the same working day. Applications involving queries or submitted late in the day may complete the following working day. Applications on Fridays or before bank holidays may run into the following working week for the final step.
## Application questions
**Can I apply if the company has more than one director?** Yes. One director must apply and sign. They must have authority to bind the company — typically this means they are a signatory on the bank account and can act independently under the company's articles.
**Is there a credit check on me personally?** No. Credicorp checks the company's business credit record, not any director's personal file. The identity check is not a credit search; it is a verification that the person applying is who they say they are.
**What if I am also a director of another company that has borrowed from Credicorp?** Each application is assessed on its own merits. The same director can be involved with multiple borrowing companies.
**Will the application affect the company's credit record?** Credicorp runs a business credit check, which may leave a soft or hard footprint at the bureau depending on how far the application progresses. This is a company record, not a personal credit record.
**What happens to the application if I do not sign the agreement?** If a decision is made but the agreement is not signed within the offer period, the offer lapses. There is no penalty; the company can reapply.
## Where to go next
- [What you need to apply](/learn/what-you-need-to-apply/) — the pre-application checklist.
- [How a lending decision is made](/learn/how-a-lending-decision-is-made/) — what the underwriting team assesses and how.
- [No personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/) — why the company is the only obligor.
- [How funds reach your account](/learn/how-funds-reach-your-account/) — the payment path from decision to bank account.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
## Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/can-a-newly-incorporated-company-borrow/
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# Can a newly incorporated company borrow?
A newly incorporated company can borrow from Credicorp once it has real trading activity on record — bank statements showing genuine turnover, a defined short-term need, and a director who can sign on the company's behalf. There is no minimum trading period in the rules, but the practical minimum is roughly six months of active bank history. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## What a short-term lender needs to see
Credicorp does not set a fixed minimum company age. What it assesses is evidence — the documents and data that let it form a reliable picture of whether the company can service a short-term credit agreement.
### Bank statements: typically six months of real trading
The single most important data source is the company's business bank statements. The lender wants to see consistent, genuine turnover — money in from customers, regular outgoings, an account that behaves like a trading business. Six months is a workable minimum. Newer companies with less history may not yet have enough data for a lending decision.
### Open Banking data: a live, read-only feed of the account
In addition to or instead of paper statements, Credicorp uses Open Banking — a read-only, FCA-regulated connection to the company's business bank account. This is not a personal credit check; it reads only the business account data.
### Business credit bureau data: the company's record
Credicorp checks the company's credit record at the main business credit bureaux. A newly incorporated company will have a thin or blank record, which is not an automatic disqualification — but it means the bank statement data carries more weight.
### Companies House: registration, director details, filing history
The company must be live at Companies House, registered in England, Wales, Scotland or Northern Ireland. The lender checks the registered name, number, incorporation date, current directors, and any outstanding gazette notices or filing overdue notices.
## What "newly incorporated" means in practice
There is no universal definition. In practical lending terms, a newly incorporated company falls into one of these categories.
**Incorporated, not yet trading** — the company has been registered but has not yet made its first sale. There is no bank account activity to assess. Borrowing is not possible at this stage.
**Incorporated, trading for less than three months** — there may be some bank activity but not enough for a reliable assessment. Most applications at this stage will not proceed, not because of a rule but because there is insufficient data.
**Incorporated, trading for three to six months** — borderline. Some lenders will consider this range if the activity is strong and consistent; others will not. Credicorp's assessment depends on the data quality.
**Incorporated, trading for six months or more** — typically enough data for a full assessment. The same criteria apply as for any established company: turnover, affordability, business credit record, and a defined short-term need.
## Five steps to become eligible as quickly as possible
You cannot compress time, but you can build the evidential base efficiently.
1. **Open a dedicated business bank account** at incorporation. Personal accounts are not acceptable. The sooner the business account is open, the sooner the clock starts.
2. **Route all trading activity through the business account**. Income from customers should land in the account; outgoings should leave it. An account with genuine, regular transactions is far more useful than one that is used only occasionally.
3. **Keep the Companies House record clean**. File confirmation statements and accounts on time. Late filings and outstanding notices are a negative signal.
4. **Register for and file any applicable taxes on time**. VAT registration (if applicable) and corporation tax filings on schedule.
5. **Apply when you have a defined, short-term need**. Short-term working capital is not general funding. A confirmed order, a supplier deposit to lock in, or an invoice gap with a known resolution — these are the use cases Credicorp is built for.
## A note on personal guarantees for new companies
Some lenders require a personal guarantee from a director if the company is new and the corporate track record is thin. Credicorp does not take personal guarantees on any product. The agreement is between Credicorp Limited and your company. Your own assets, your home, your personal credit file — none of these are on the line.
## New company borrowing questions
**Does Credicorp have a minimum trading period?** There is no hard rule on months, but in practice the minimum is around six months of real bank account activity. Less than that and there is usually insufficient data for a reliable assessment.
**We incorporated six months ago but only started trading three months ago — does that count?** What matters is trading activity, not incorporation date. Three months of genuine turnover may be borderline; six months of active trading is a stronger position.
**Our turnover is low but consistent — does that matter?** Affordability depends on the size of the borrowing relative to the company's cash flow, not on turnover in absolute terms. A small, consistent company may be well-placed for a small, short-term facility.
**Do you check the director's personal credit?** No. Credicorp lends to the company, not the director. No personal credit check is run on any director.
**Can a company with CCJs borrow?** Company CCJs are considered as part of the business credit assessment. They do not automatically prevent borrowing, but they are a factor. See [can a company with CCJs borrow](/learn/can-a-company-with-ccjs-borrow/).
## Where to go next
- [What you need to apply](/learn/what-you-need-to-apply/) — the checklist of documents and data needed for an application.
- [The application process, step by step](/learn/the-application-process-step-by-step/) — from first look to funds in the bank.
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [No personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/) — why the company is the only obligor.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
- [credicorp.co.uk](https://credicorp.co.uk/) — apply, manage your account, and contact the team.
## Built your trading history?
When your company has active bank statement data and a defined short-term need, apply at the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/can-a-company-with-ccjs-borrow/
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# Can a company with CCJs borrow?
A company with County Court Judgements (CCJs) on its record can still borrow from Credicorp — but CCJs are taken seriously in the assessment. A satisfied CCJ is less significant than an unsatisfied one. The lender looks at the CCJ in context: when it was entered, how large it was, whether it reflects a one-off dispute or a pattern, and whether it has been settled. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
## What a CCJ is and how it gets onto the register
A County Court Judgement (CCJ) is a court order issued by a county court in England or Wales requiring a company (or individual) to pay a debt. It is registered at the Registry Trust and is visible on the company's business credit record, typically for six years from the date of issue.
A company gets a CCJ when a creditor has applied to the court, the court has issued a claim, and the company has not successfully defended the claim or paid the amount within 30 days of the order.
### Satisfied vs unsatisfied — the difference matters
**Satisfied CCJ** — the debt has been paid. The CCJ remains visible on the register for six years, but it is marked as satisfied. A satisfied CCJ is a negative signal, but a much less serious one than an unsatisfied CCJ. If the CCJ was satisfied within 30 days of the order, it can sometimes be cancelled from the register.
**Unsatisfied CCJ** — the debt has not been paid. This is a more significant negative signal. An outstanding CCJ means there is a current, unresolved obligation to a creditor. Credicorp is unlikely to lend against a background of unsatisfied CCJs without a clear explanation.
## Five steps to address CCJs before applying
1. **Check what is on the register.** Search the company's name at the [Registry Trust](https://www.registry-trust.org.uk/) and at the main business credit bureaux (Experian Business, Dun & Bradstreet, Creditsafe). Know exactly what a lender will see.
2. **Satisfy any outstanding CCJs.** If there are unsatisfied CCJs, paying them now — before applying — removes the most serious negative signal. Once paid, request a certificate of satisfaction from the court.
3. **Correct any errors.** CCJs registered in error, or registered against the wrong company (name confusion is common), can be disputed. Act before applying.
4. **Prepare an explanation.** A single CCJ resulting from a specific dispute, now settled, tells a different story from multiple CCJs over several years. Be ready to explain the context if the lender asks.
5. **Apply when trading is strong.** Strong, current bank statement data — consistent turnover, regular inflows — carries significant weight. A company with a historical CCJ and currently strong trading is in a better position than one with the same CCJ and weak current performance.
## CCJ and borrowing questions
**Will Credicorp automatically decline if there is a CCJ?** No. CCJs are assessed in context. A single satisfied CCJ from several years ago is less likely to result in a decline than a recent unsatisfied CCJ or a pattern of multiple CCJs.
**Does the director's personal CCJ affect the application?** Credicorp lends to the company, not the director. A director's personal CCJ is not part of the business credit assessment — but the director's identity is verified, and a high-risk personal profile may be noted.
**Can I apply with an unsatisfied CCJ?** You can submit an application; whether a decision can be made depends on the specific circumstances. In many cases, Credicorp will not proceed while there are unsatisfied CCJs outstanding.
**The CCJ was registered in error — what should I do?** Dispute the CCJ with the court that issued it before applying. An incorrect CCJ on the register is a problem regardless of cause; correcting it before applying removes the issue rather than requiring you to explain it.
**How long does a CCJ stay on the business credit record?** Six years from the date of the order, whether or not it is satisfied. A certificate of satisfaction (if obtained within 30 days of the order) may result in the CCJ being cancelled entirely.
## Related guides
- [What is a CCJ and how does it affect borrowing?](/learn/what-is-a-ccj-and-how-does-it-affect-borrowing/) — a full explanation of CCJs and their impact on business credit.
- [What business credit bureaux see](/learn/what-business-credit-bureaux-see/) — the data a lender accesses about the company.
- [How a lending decision is made](/learn/how-a-lending-decision-is-made/) — what the underwriting team assesses.
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
## Ready to apply?
When the company's position is clear, apply at [credicorp.co.uk](https://credicorp.co.uk/). The team can advise on any specific circumstances.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-a-ccj-and-how-does-it-affect-borrowing/
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# CCJs on a company: what they mean for borrowing.
A County Court Judgement (CCJ) is a court order that records an unpaid debt. For a company, it appears on the business credit record and is visible to any lender who runs a credit check. Whether it blocks borrowing depends on whether it is satisfied, how old it is, and what context surrounds it. On every Credicorp product, **the company borrows, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
## What is a County Court Judgement?
A CCJ is issued by a county court in England or Wales when a creditor has applied for judgment and the court has ruled — either because the debtor did not respond to the claim, did not pay, or the claim was successful at hearing.
Once issued, the CCJ is registered at the Registry Trust and recorded by the main credit reference agencies. It remains visible for six years. During that period, any lender, supplier or counterparty who runs a credit check on the company will see it.
A CCJ can be for any amount — from a few hundred pounds to hundreds of thousands. The size, date, and satisfaction status are all visible.
## How a lender sees a CCJ on the company record
When Credicorp assesses an application, a business credit check is run. This check typically shows:
- Whether there are any CCJs registered against the company
- The date each CCJ was issued
- The amount
- Whether it is satisfied (paid) or unsatisfied (outstanding)
- The court that issued it
A lender reads this data as part of the overall picture — alongside bank statement data, turnover, affordability, and the company's Companies House record.
**An unsatisfied CCJ** is the most significant negative signal. It means there is a current, unresolved financial obligation to a creditor. It raises questions about whether the company manages its obligations — and whether it can add another obligation.
**A satisfied CCJ** (especially one that is several years old) is less serious. It shows the obligation was eventually met. It is not ignored, but it does not carry the same weight as an outstanding one.
**Multiple CCJs** — even if old and satisfied — suggest a pattern that a lender will weigh carefully.
## Can a company with a CCJ borrow from Credicorp?
A CCJ does not automatically prevent borrowing. Credicorp assesses applications on their full merits. A single satisfied CCJ from two or three years ago, with strong current trading and clear bank statement data, does not make a company ineligible.
An unsatisfied CCJ currently on the register is more likely to result in a decline, or a request to resolve it before proceeding. Multiple recent CCJs are a more serious concern.
There is no published threshold. The best guide is to know exactly what is on the record before applying — and to address anything that can be addressed.
## How to check and address a company CCJ
**Check the Registry Trust.** The Registry Trust holds the official register of CCJs for England and Wales. A search costs a small fee and shows what is on the public record.
**Check the business credit bureaux.** The main bureaux — Experian Business, Dun & Bradstreet, Creditsafe — aggregate credit data including CCJs. Creditsafe offers a free company search. These show what a lender sees.
**Satisfy any outstanding CCJs.** Pay the debt and obtain a certificate of satisfaction from the court. If paid within 30 days of the order, you may be able to have the CCJ cancelled from the register entirely. After 30 days, it is marked as satisfied but remains visible.
**Dispute CCJs registered in error.** Name confusion and clerical errors do occur. If a CCJ has been registered against your company incorrectly, apply to the court to have it set aside.
## CCJ questions
**Does a director's personal CCJ affect the company application?** Credicorp assesses the company's business credit record, not the director's personal record. A director's personal CCJ does not appear in the business credit check.
**Can we borrow immediately after a CCJ is satisfied?** The satisfied CCJ remains on the register for six years. Satisfying a CCJ does not erase it, but it removes the "unsatisfied" flag — which is the more serious element. Whether you can borrow depends on the rest of the application.
**The CCJ was entered against us in error — what can we do?** Apply to the court to set it aside (if the claim was never served, was disputed, or was entered incorrectly). Until it is removed from the register, it will be visible to lenders.
**How many years does a CCJ stay on the business credit record?** Six years from the date of issue, whether satisfied or not. The exception is a CCJ cancelled under a set-aside order or satisfied within 30 days — which can be removed entirely.
**Will the lender tell us why a CCJ affected our application?** Credicorp can advise on the outcome of an application. They are not required to provide a detailed breakdown of every factor in the credit decision.
## Related guides
- [Can a company with CCJs borrow?](/learn/can-a-company-with-ccjs-borrow/) — what to do before applying and how to frame the position.
- [What business credit bureaux see](/learn/what-business-credit-bureaux-see/) — the data profile a lender sees.
- [How a lending decision is made](/learn/how-a-lending-decision-is-made/) — the full assessment process.
- [Preparing your company to borrow](/learn/preparing-your-company-to-borrow/) — steps to take before applying.
- [The three products](/products/) — Business Bridging Loan, Credicorp Flex and Credicorp Slice.
## Apply with the full picture in front of you
Know what is on the company credit record before applying. When the record is as clean as it can be, apply at [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/what-happens-if-you-miss-a-repayment/
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# Missed a repayment? Here is what happens next.
Missing a scheduled repayment on a Credicorp product does not trigger immediate legal action, but it does have consequences — a late fee, continued interest accrual, and a mark on the company's credit record. The single most important step is to contact the lender as soon as you know a payment is at risk. On every Credicorp product, **the company is the borrower, never you personally**. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing: short-term working capital for incorporated UK businesses. This page is a guide, not an application; account management and repayment questions are handled at [credicorp.co.uk](https://credicorp.co.uk/).
## What happens immediately after a missed payment
When a scheduled repayment is missed, the following typically apply:
**A late fee is charged.** A fixed late payment fee applies per missed instalment, capped as set out in the agreement. For Slice, this is £12 per missed instalment. For the Bridging Loan and Flex, the agreement sets out the applicable fee.
**Interest continues to accrue.** On Flex and Bridging Loan accounts, daily interest continues on the outstanding balance. The cost does not pause because a payment was missed.
**The lender contacts the company.** Credicorp will attempt to contact the company — usually by email first, then by phone — to understand the position and agree a resolution.
**The default may be registered at the business credit bureau.** If the account remains unpaid and unresolved for a material period, the default is likely to be registered at the business credit bureaux that Credicorp reports to. This affects the company's credit record, not any director's personal credit file.
## Personal liability — what it is and what it is not
Because Credicorp requires no personal guarantee, a missed repayment is the company's liability, not the director's personal liability. The lender's recourse is against the company. No director's personal assets, home or personal credit file are at risk as a result of a missed payment.
There is an important exception: if a director has given false information in the application, they may face personal liability under general fraud law. Honest, accurate applications do not create this risk.
## How it affects the company's credit record
Credicorp reports to the business credit bureaux. A missed payment that is not resolved quickly is likely to be registered as a default on the company's business credit record. This can affect the company's ability to borrow from Credicorp or other lenders in the future.
A default stays on the company's record at the bureau for a number of years, even after it is settled. The sooner a payment difficulty is resolved — through a payment plan agreed with the lender — the less severe the eventual record entry is likely to be.
## What to do if your company is struggling to repay
The single most important step is the first one. Everything else follows from it.
**Contact Credicorp before the missed payment if possible.** If the company knows a payment is at risk before the due date, contacting the lender gives the best chance of agreeing an arrangement before a fee or default is triggered. The lender's team is at [credicorp.co.uk](https://credicorp.co.uk/).
**Explain the position honestly.** The lender's team can work with a real situation. What they cannot work with is no communication. A company that explains its position has far more options than one that goes silent.
**Explore a payment arrangement.** In some cases, the lender can agree a revised repayment schedule. This is discussed directly with the lender; there is no automatic arrangement programme.
**Get independent advice if the company is in financial difficulty.** If the missed payment reflects a wider financial difficulty, consider speaking to a licensed insolvency practitioner or a free debt advice service. The company's interests and the director's personal interests are separate — independent advice helps protect both.
## Repayment difficulty questions
**Is there a grace period after a missed payment?** The agreement sets out the terms. Contact the lender immediately if a payment is at risk — acting early gives the best options.
**Will a missed payment affect my personal credit record?** No. Credicorp lends to the company, not the director, and reports to business credit bureaux only. A missed payment on a Credicorp facility does not affect any director's personal credit file.
**Can we agree a payment plan?** Speak to the lender directly. In appropriate cases, a revised repayment arrangement can be agreed. There is no automatic plan; it is discussed case by case.
**What if the company cannot repay at all?** If the company is insolvent, the standard insolvency process applies. Credicorp is an unsecured creditor. Because there is no personal guarantee, the director is not personally liable for the debt in insolvency — though other duties as a director in an insolvent company apply under UK law. Independent advice from an insolvency practitioner is recommended.
**Does a default close future borrowing permanently?** Not automatically. Lenders assess applications on their current merits. A resolved default that is several years old carries less weight than a recent, unresolved one. The lender's team can advise on the current position.
## Related guides
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/) — an honest decision aid, including when not to borrow.
- [Early repayment explained](/learn/early-repayment-explained/) — how repaying early affects the cost and the facility.
- [No personal guarantee — what it means](/learn/no-personal-guarantee-what-it-means/) — the boundary of the company's obligations.
- [The application process, step by step](/learn/the-application-process-step-by-step/) — what you agreed to when you borrowed.
## If you are worried about a payment, talk to the lender first
Every account question, including difficulty with a repayment, is handled at [credicorp.co.uk](https://credicorp.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-a-ccj-register-search/
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# What is a CCJ register search?
The Register of Judgments explained — how to search it, what a lender sees, satisfied vs unsatisfied CCJs, how long entries stay on, and what to do before a business loan application.
**Site:** [creditcorp.co.uk/learn/what-is-a-ccj-register-search/](https://creditcorp.co.uk/learn/what-is-a-ccj-register-search/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What the register records
- Satisfied vs unsatisfied: what the difference means
- Five steps to address CCJ register entries before applying
- CCJ register questions
- Ready to apply?
## Step-by-step guide
**Step 1: Search the register for the company**
Before applying for business finance, search the CCJ Register for the company via the Trust Online service operated by Registry Trust. Use the company's registered name and postcode. A basic search costs a few pounds and returns any judgment entries against that company name. This is what any lender running a standard credit check will see.
**Step 2: Check whether any entries are satisfied or unsatisfied**
For each entry found: is it marked "satisfied" or is it still outstanding? Unsatisfied entries are more serious — they indicate an unpaid judgment debt. Satisfied entries remain on the register but are less damaging in an assessment than unsatisfied ones. Note the date of each entry — entries over six years old will have expired.
**Step 3: Pay any outstanding judgment debts**
If there are unsatisfied CCJ entries, paying the judgment debt is the first step. Obtain the judgment reference number from the register and contact the creditor or court to arrange payment in full. Keep proof of payment — you will need it to apply for a certificate of satisfaction.
**Step 4: Apply for a certificate of satisfaction**
Once the debt is paid, apply to the court that issued the judgment for a certificate of satisfaction. Typically a court fee is required. The court will verify payment and update the register to show the entry as satisfied. Obtain the certificate as documentary evidence.
**Step 5: Allow time for the status to flow through to credit bureaux**
The register update (satisfied status) flows to business credit reference agencies, but this is not instant. Allow two to eight weeks for the satisfied status to appear on the company's business credit reports. Applying for finance before the updated status has propagated to the bureau means the lender may still see an unsatisfied entry even though the debt has been paid.
## Frequently asked questions
**What is the Register of Judgments, Orders and Fines?**
The Register of Judgments, Orders and Fines (commonly called the CCJ Register) is a public register maintained by Registry Trust Limited on behalf of the Ministry of Justice. It records County Court Judgments (CCJs), High Court judgments, administration orders, fines, and other judgment types issued in England and Wales. A search of this register tells a lender whether any judgment has been entered against a company or individual.
**How do lenders use the CCJ register?**
Lenders search the register as part of their credit assessment. A CCJ entry against the company is a significant adverse signal — it means the company has been formally ordered by a court to pay a debt and the creditor has pursued a judgment rather than accepting a private settlement. An unsatisfied CCJ (unpaid) is more serious than a satisfied one (paid after judgment). Most business credit reference agencies incorporate judgment data into their credit reports, so lenders may see it even if they do not search the register directly.
**How long does a CCJ stay on the register?**
A CCJ remains on the register for six years from the date of judgment, regardless of whether it is paid. However, if the judgment debt is paid in full within one calendar month of the judgment date, the entry can be removed from the register entirely — not just marked satisfied. If paid after one month, it remains but is marked as satisfied, which is a better status than unsatisfied. After six years, the entry is removed automatically.
**How is a CCJ marked as satisfied?**
Once the judgment debt is paid in full, the debtor (or creditor) can apply to the court that issued the judgment to have it marked satisfied. The court will verify payment and update the register. This process typically takes a few weeks. A certificate of satisfaction is issued. The satisfied status will flow through to credit bureau records over time — the update is not instant at the bureau level.
**Can I search the register myself?**
Yes. Registry Trust operates the Trust Online service, where searches of the register can be carried out for a small fee. A company search requires the company name and registered address. This is the same data source that lenders use. Searching before applying is useful — it confirms what any lender will see, and allows time to address entries before they affect an application.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/ccj-personal-vs-company/
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# CCJ: personal vs company
The difference between a personal CCJ and a company CCJ in the UK — why they are separate, what each affects, and what Credicorp considers when a company or director has a CCJ history.
**Site:** [creditcorp.co.uk/learn/ccj-personal-vs-company/](https://creditcorp.co.uk/learn/ccj-personal-vs-company/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- Two separate registers
- Why this matters for Credicorp
- How to check and manage CCJs
- CCJ questions
- Related guides
- Personal CCJ? Company still applies on its own merits.
## Step-by-step guide
**Step 1: Identify whether the CCJ is personal (individual) or company**
Check which name the CCJ was registered against. Personal CCJs are against your full legal name as an individual; company CCJs are against the company's registered name and Companies House number. You can search the Register of Judgements, Orders and Fines at trustonline.org.uk for both. Business credit bureaux (Experian Business, Creditsafe) show company CCJs in the business credit report.
**Step 2: Check whether the CCJ is satisfied or outstanding**
An outstanding CCJ means the debt has not been paid — it carries the most negative weight. A satisfied CCJ means the debt was paid after the judgement; the entry remains on the register for six years but is marked as satisfied. If the CCJ was paid within one month of the judgement, you can apply to have the entry removed entirely (set aside). Check the current status for both personal and company CCJs.
**Step 3: Understand what each type of CCJ affects**
A company CCJ affects the company's business credit profile and may affect the company's ability to borrow, its supplier credit terms, and how counterparties view the company. A personal CCJ affects the individual's personal credit file — mortgages, personal loans, personal credit cards. The two are separate. For Credicorp (no personal guarantee), the company CCJ is what is assessed; the director's personal CCJ is not part of the application.
**Step 4: Satisfy any outstanding CCJs before applying where possible**
If the company has an outstanding CCJ, satisfying it (paying the debt and filing for a Certificate of Satisfaction at the court) before applying for business finance improves the company's credit position. It does not remove the entry — it remains for six years — but the satisfied status carries significantly less weight than outstanding. Contact Credicorp at credicorp.co.uk to discuss the current position.
## Frequently asked questions
**What is the difference between a personal CCJ and a company CCJ?**
A personal CCJ (County Court Judgement) is registered against an individual — it appears on the individual's personal credit record and stays there for six years. A company CCJ is registered against the company — it appears in the company's credit file at the business credit bureaux and on the Register of Judgements, Orders and Fines under the company's name. The two registers are completely separate: a CCJ against the company does not appear on the director's personal credit record, and vice versa.
**Does a director's personal CCJ affect the company's ability to borrow?**
For Credicorp products, which do not require a personal guarantee, the assessment is focused on the company rather than the individual director. A personal CCJ against the director does not directly affect the company's assessment because the director is not a party to the loan. The company is the borrower, not the individual. However, some lenders who do require a personal guarantee will check the director's personal credit as part of the application — the director's personal CCJ can then become relevant through that route.
**Does a company CCJ affect the director personally?**
No — a CCJ against the company is against the company as a legal entity, not against the individual director. It does not appear on the director's personal credit file and does not affect the director's personal ability to get a mortgage, a personal loan, or other personal credit. The limited liability structure means that the company's debts and credit record are the company's, not the director's (except in cases of personal guarantee, fraud, or wrongful trading).
**Can a company with a CCJ still borrow from Credicorp?**
Potentially yes. A CCJ on the company's record is a factor in the assessment, but it is not an automatic bar. What matters is the full picture: whether the CCJ is satisfied or outstanding, when it was registered, the amount, and what the company's current financial position looks like. A satisfied CCJ (where the debt has been paid and a Certificate of Satisfaction obtained) carries less weight than an outstanding one. For more detail, read the guide on whether a company with CCJs can borrow.
**How can I check if a company has CCJs against it?**
CCJs against companies are searchable on the Register of Judgements, Orders and Fines (trustonline.org.uk). Companies House does not record CCJs, but they appear in business credit reports from bureaux such as Experian Business and Creditsafe. A director can run a search on their own company without this affecting the company's credit score.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/does-credicorp-check-personal-credit/
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# Does Credicorp check personal credit?
Whether Credicorp checks the personal credit score of a company director as part of a business loan application — what the no-personal-guarantee model means and what is actually assessed.
**Site:** [creditcorp.co.uk/learn/does-credicorp-check-personal-credit/](https://creditcorp.co.uk/learn/does-credicorp-check-personal-credit/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- The company borrows, not the director
- What Credicorp actually assesses
- How to apply when personal credit is imperfect
- Credit check questions
- Related guides
- The company borrows. Not you.
## Step-by-step guide
**Step 1: Understand that Credicorp assesses the company, not the director**
Credicorp products are lent to the company — not to the director. There is no personal guarantee. This means the affordability assessment is of the company's position: its cash flow, its credit record at the business credit bureaux, and its trading history. The director's personal credit score is not the primary factor. A director with a personal CCJ can apply on behalf of a company that has strong business banking and a clean company credit record.
**Step 2: Check the company's own credit record before applying**
Run a business credit report on the company — Experian Business or Creditsafe — and check for outstanding CCJs, defaults, or adverse entries. These are company-level entries and are what the lender's business credit check will find. If there are outstanding company CCJs, satisfying them before applying improves the picture. The director's personal credit report and the company's business credit report are separate documents on separate registers.
**Step 3: Make sure the company's business banking is strong**
Credicorp uses Open Banking to read 3 months of the company's business bank account. This is the primary financial data input. A company with consistent monthly trading receipts, no returned payments, and manageable overdraft use presents well — regardless of the director's personal financial history. Focus preparation on the company's banking picture, not on the director's personal credit position.
**Step 4: Apply at credicorp.co.uk with the company's details**
Apply at credicorp.co.uk. The application connects the company's business bank account via Open Banking and uses the company's Companies House number. The assessment runs at the company level. If the company passes, the loan is made to the company. If you are unsure about any aspect of the application process or what checks are made, contact Credicorp directly.
## Frequently asked questions
**Does Credicorp check the director's personal credit score?**
Credicorp's assessment is focused on the company, not the director personally. Because Credicorp products do not require a personal guarantee, the director is not a party to the loan — the company is. The assessment therefore centres on the company's own credit record, cash flow, and affordability, rather than on the individual director's personal credit file. Whether Credicorp accesses a director's personal credit report as part of the process depends on the specific product terms — check the facility agreement and application process at credicorp.co.uk.
**Can a director with bad personal credit still apply for a business loan?**
For Credicorp, which does not require a personal guarantee, the primary question is whether the company passes the affordability assessment — not whether the director has a perfect personal credit score. A director with a personal CCJ, a default, or a history of missed personal payments can potentially still apply on behalf of a company that passes the company-level assessment. The company's own trading history, cash flow, and credit record are what matter. This is different from lenders who require a personal guarantee, where the director's personal credit history becomes directly relevant.
**Why does no personal guarantee mean the personal credit check matters less?**
When a lender requires a personal guarantee, the director is agreeing to repay the loan from personal funds if the company cannot. That makes the director a co-debtor, and the director's personal ability to repay — their personal credit position, income, and assets — becomes relevant to the lender. When there is no personal guarantee, the director is not on the hook personally. The company is the only obligor. So the lender assesses the company, not the individual. The director's personal credit file is not part of the repayment picture.
**What does Credicorp actually check?**
Credicorp's assessment uses: (1) Open Banking — a direct read of the company's business bank account covering the last 3 months of transaction history; (2) Business credit bureau data — the company's record at the business credit bureaux (not the director's personal file); (3) Companies House data — the company's filing history, incorporation date, registered details; (4) The application information provided. The combination gives a picture of the company's current financial position and its ability to repay the facility.
**Does applying for a Credicorp loan affect the director's personal credit score?**
Because Credicorp's assessment is focused on the company rather than the director personally, a standard Credicorp business loan application should not generate a hard search on the director's personal credit file. A hard search on the company's business credit file may occur. The specific credit search activity depends on the application process — check the terms at credicorp.co.uk or contact Credicorp directly if you need clarity on this before applying.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/bridge-vs-flex-vs-slice/
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# Bridge vs Flex vs Slice: which Credicorp product?
Comparing the Credicorp Business Bridging Loan, Flex revolving facility and Slice invoice-backed credit — when to use each, how the cost structures differ, and a decision guide for UK company directors.
**Site:** [creditcorp.co.uk/learn/bridge-vs-flex-vs-slice/](https://creditcorp.co.uk/learn/bridge-vs-flex-vs-slice/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- The three products at a glance
- When to use each product
- Decision guide: five questions
- Product comparison questions
- Related guides
- Ready to apply?
## Step-by-step guide
**Step 1: Identify the nature of the funding need**
Is this a one-off, specific lump sum — restocking, a supplier deposit, an urgent repair? Or is it recurring access to working capital, needed periodically across the year? Or is it tied to a specific confirmed invoice? Your answer points to Bridge (one-off lump sum), Flex (recurring/revolving), or Slice (invoice-backed).
**Step 2: Check how the repayment will arrive**
For the Bridging Loan: can the company commit to repaying the full amount at the end of a fixed term (up to 84 days)? For Flex: does the company need to draw, repay and draw again over time? For Slice: is there a specific large invoice the company is waiting to be paid? The repayment source and structure drive the right product choice.
**Step 3: Compare total cost for your specific amount and term**
For Bridge/Flex: principal × 0.25% per day × expected holding days + £5 (Bridge) = total cost. For Slice: invoice amount × flat fee rate = total cost (fixed, time-independent). Calculate the actual pounds for your specific scenario. If you expect to repay quickly, Bridge and Flex both reward early repayment; Slice does not — the fee is fixed regardless.
**Step 4: Consider whether you need ongoing availability vs a single draw**
If the company is likely to need working capital periodically over the next several months — for example, to fund recurring stock purchases or to smooth a seasonal trough — Flex provides ongoing availability without closing the facility after each draw. A Bridging Loan closes and requires a new application each time.
**Step 5: Apply for the product that fits at credicorp.co.uk**
Once you have identified the right structure, apply at credicorp.co.uk. The application process is the same across products. The company bank data, bureau data and Companies House record are assessed against the specific product and amount applied for. A decision is typically available the same working day.
## Frequently asked questions
**What is the main difference between the Bridging Loan and Flex?**
The Bridging Loan is a single lump-sum drawdown with a fixed term. You borrow a set amount, repay it in full at the end, and the facility closes. Flex is revolving: you have a set credit limit, you can draw against it, repay it (partly or fully), and draw again — the available balance replenishes as you repay. Use the Bridging Loan for a one-off lump-sum need; use Flex when you need recurring or uncertain access to working capital.
**When does Slice make sense instead of Bridge or Flex?**
Slice is backed by a specific confirmed invoice or receivable — it is advance funding against money already owed to the company. If the company has a large confirmed invoice outstanding and needs cash before the customer pays, Slice is structured around that specific receivable. Bridge and Flex are general working capital products not tied to a specific invoice.
**How does the cost structure differ across the three products?**
The Bridging Loan charges 0.25% per day on the outstanding balance plus a £5 establishment fee. Flex charges 0.25% per day on the drawn balance — if no balance is drawn, no interest accrues. Credicorp Slice charges a flat fee on the invoice amount — a fixed percentage charged once, regardless of how long the advance runs. Bridging and Flex costs are time-based; Slice cost is fixed at the outset.
**Can a company hold Bridge and Flex at the same time?**
This depends on the assessment and Credicorp's current eligibility criteria. Both facilities appear in the credit assessment. An existing Flex balance would be visible as a commitment when a Bridging Loan application is assessed. The practical answer is to check with Credicorp directly at the time of application.
**Which product is subject to the 100% cost cap?**
The 100% cost cap applies across all three Credicorp products — total charges can never exceed 100% of the principal drawn (or invoice amount for Slice). This cap is absolute and applies regardless of product type.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-invoice-finance/
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# What is invoice finance?
A plain-English explanation of invoice finance for UK company directors — what it is, how it differs from factoring, and how Credicorp's Slice product works.
**Site:** [creditcorp.co.uk/learn/what-is-invoice-finance/](https://creditcorp.co.uk/learn/what-is-invoice-finance/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What is invoice finance?
- Invoice finance vs factoring
- Credicorp Slice
- Who invoice finance suits
- How to assess whether invoice finance suits your business
- Invoice finance questions
- Related guides
- Invoices out. Cash in now.
## Step-by-step guide
**Step 1: Check whether the business is B2B with outstanding invoices**
Invoice finance requires invoices issued to other businesses (not to consumers) that have not yet been paid. Check that: the company issues invoices on credit terms (30, 60 or 90 days); the customers are businesses; and the outstanding invoice book represents a genuine, recoverable asset. Personal services, retail and consumer-facing businesses without B2B invoices are outside scope.
**Step 2: Identify the invoices causing the working capital gap**
Which specific invoices are outstanding and creating the gap? Invoice finance works against identifiable, specific invoices — not a general working capital need. Have the invoice details ready: customer, amount, issue date, payment due date.
**Step 3: Assess whether the customers are creditworthy**
Invoice finance providers advance money on the basis that the invoices will be paid. The creditworthiness of the debtors (the customers who owe the money) matters as much as the creditworthiness of the company. Invoices from large, established businesses on standard credit terms are more financeable than invoices from new, untested customers on disputed terms.
**Step 4: Apply at credicorp.co.uk for the Slice product**
Apply at credicorp.co.uk with the company's invoice details and banking history. Credicorp uses Open Banking to read the company's banking alongside the specific invoice information. This site is the brand front door and does not take applications.
## Frequently asked questions
**What is invoice finance?**
Invoice finance is a way of releasing the value of outstanding invoices before the customer pays. Instead of waiting 30, 60 or 90 days for a customer to settle, the company receives a proportion of the invoice value upfront from a finance provider — typically 70-90% — and the remainder (less fees) when the customer pays. It suits businesses that invoice other businesses (B2B) and have a working capital gap caused by slow-paying customers.
**What is the difference between invoice finance and factoring?**
Both are types of invoice finance, but they differ in who manages the credit control. With factoring, the finance provider takes over the management of the company's debtors — chasing customers for payment on the company's behalf. With invoice discounting (or invoice finance without management), the company retains control of its debtor book and customer relationships; the finance provider simply advances money against the invoices. Credicorp's Slice product is the latter type — the company retains its customer relationships.
**What is Credicorp Slice?**
Slice is Credicorp's invoice-backed credit product for UK limited companies. It provides credit tied to specific outstanding invoices — the invoice value backs the facility and the credit is typically repaid when the customer pays. It sits alongside the Business Bridging Loan (lump-sum, fixed term) and the Flex revolving credit facility (draw-and-repay) as the third Credicorp product. Apply at credicorp.co.uk — this site is the brand front door and does not take applications.
**Who is invoice finance suited to?**
Invoice finance suits B2B companies that: issue invoices with payment terms (30, 60 or 90 days); have creditworthy customers who are slow to pay rather than unwilling to pay; have a working capital gap that directly tracks the invoice cycle. It is less suited to companies with cash-paying customers (retail, restaurants, consumer services) where there are no outstanding invoices to finance.
**Does invoice finance affect the company's relationship with its customers?**
With factoring (where the finance provider takes over credit control), customers may be notified that their invoices have been assigned to a third party. With invoice discounting where the company retains control — Credicorp's approach with Slice — the customer relationship is unchanged. Customers pay the company as normal; the finance arrangement is between the company and Credicorp.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-a-facility-limit/
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# What is a facility limit?
What a business credit facility limit is, what determines it, how it can change over time, and what to do when you need more than the current limit allows.
**Site:** [creditcorp.co.uk/learn/what-is-a-facility-limit/](https://creditcorp.co.uk/learn/what-is-a-facility-limit/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What a facility limit is and how it works
- What determines the limit
- Five steps to manage and build your facility limit
- Facility limit questions
- Ready to apply?
## Step-by-step guide
**Step 1: Apply for the amount the company actually needs**
When applying, request the amount that matches the specific business need — not the maximum you think you might get, and not more than the company genuinely needs. The assessment determines what the company can afford to repay from its current income; applying for an appropriate amount improves the chance of a straightforward decision.
**Step 2: Understand what your current data supports**
The limit offered reflects what the assessment concludes the company can afford. Before applying, review the company's bank statements for the last three to six months — consistent income, healthy balances and limited existing commitments all support a higher limit. If the data period includes an atypical month (a large one-off payment, a temporary dip), a note on this in the application may be helpful.
**Step 3: If the limit offered is lower than needed, ask why**
If the offer is lower than expected, ask Credicorp's team what data drove the limit. There may be a specific factor — a bureau entry, a balance concern in the statements — that can be addressed or explained. Sometimes a limit can be reassessed if additional data is provided or a specific concern is clarified.
**Step 4: Build the company's profile over time for higher future limits**
Track record matters. A company that draws and repays on time, maintains consistent income growth and keeps its bureau record clean will typically qualify for higher limits on subsequent applications. Each repayment adds to the company's credit history. Good Companies House maintenance — on-time filings, current registered details — also supports this.
**Step 5: For revolving products, manage the available balance actively**
For a revolving facility like Credicorp Flex, the available balance is the limit minus the current outstanding balance. To preserve maximum flexibility, repay drawn amounts as soon as the incoming cash that was being bridged arrives — this immediately restores availability. Do not leave large drawn balances sitting idle; daily interest continues to accrue on everything drawn.
## Frequently asked questions
**What is a facility limit?**
A facility limit is the maximum amount a company can borrow under a particular credit product at any one time. For a Business Bridging Loan, it is the maximum amount that can be drawn under a single facility (the approved lump sum). For a revolving facility like Credicorp Flex, it is the maximum outstanding balance — the company can draw up to the limit, repay, and redraw, as long as the outstanding balance does not exceed the limit at any time.
**What determines the facility limit?**
The facility limit is set during the assessment based on what the lender judges the company can afford to service — principally from the company's bank statement data (income level, balance consistency, existing commitments) and the bureau data (payment history, existing credit). It is not a fixed product maximum but a company-specific figure derived from the assessment. A company with higher, more consistent income will typically be offered a higher limit than a company with lower or more variable income.
**Can the facility limit increase over time?**
Typically yes, though this depends on the lender's own criteria. As a company demonstrates a track record of drawing and repaying, its bureau data improves and its bank statement data provides more evidence of affordability. Lenders may offer limit increases based on this improved profile, either proactively or when the company applies. At the time of any new application, the assessment uses the most recent available data, so an improved trading position can result in a higher offer.
**What happens if I need to borrow more than the facility limit?**
If the amount you need exceeds the facility limit offered, you have a few options: (1) check whether the lender can reassess the limit based on more recent or complete data; (2) apply at a different time when the company's trading data is stronger; (3) consider whether the need can be split across a shorter period so a smaller amount still delivers the required outcome. Credicorp cannot point to other specific lenders, but there are other business lenders in the market.
**Does the facility limit on a revolving product replenish after repayment?**
Yes. For a revolving product like Credicorp Flex, the available balance replenishes as the company repays. If the limit is £20,000 and the company has £12,000 drawn, the available balance is £8,000. When the company repays £5,000, the available balance becomes £13,000. The total outstanding balance can never exceed the set limit, but within that, the company can draw and repay freely.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-happens-at-term-end/
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# What happens at the end of a Bridging Loan term?
What happens when a Credicorp Business Bridging Loan reaches its term date — repayment, what to do if not fully repaid, extensions, and the consequences of non-repayment.
**Site:** [creditcorp.co.uk/learn/what-happens-at-term-end/](https://creditcorp.co.uk/learn/what-happens-at-term-end/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What happens on the repayment date
- What if the company cannot repay in full?
- The consequences of not repaying
- How to handle repayment at term end
- Term end questions
- Related guides
- If the term date is approaching — plan now.
## Step-by-step guide
**Step 1: Plan the repayment well before the term date**
Several days before the repayment date, confirm that the necessary funds will be in the company's nominated bank account on the due date. Check the exact repayment amount — principal plus accrued interest to the term date — in the loan documentation or at credicorp.co.uk. Repaying a few days early is always an option and saves the interest for those days.
**Step 2: If repayment is not possible, contact Credicorp early**
If the company cannot repay in full by the term date, contact Credicorp at credicorp.co.uk as early as possible — before the date, not after. Early communication gives the most options: extension, partial repayment, or a restructured plan. Waiting until after the default removes most of these options and creates additional risk to the company's credit record.
**Step 3: Understand the consequences before deciding not to act**
A missed repayment without communication can lead to: continuing daily interest on the outstanding balance, formal default, and potentially a CCJ against the company. The CCJ stays on the company's credit record for six years and makes future borrowing significantly harder. The director is not personally affected (no personal guarantee), but the company is.
**Step 4: After repayment, confirm closure and consider next steps**
Once the loan is repaid in full, confirm with Credicorp that the account has closed and the balance is zero. If the company has a future borrowing need, it can apply again at credicorp.co.uk — a clean repayment history strengthens the next application. This site is the brand front door and does not take applications.
## Frequently asked questions
**What happens on the repayment date of a Bridging Loan?**
On the agreed repayment date, the outstanding principal plus any accrued interest and fees is due in full. Credicorp will typically attempt to collect the repayment from the company's nominated account. If the full amount is in the account, the facility closes — confirmation is issued and the balance clears to zero. The company is no longer a borrower and can apply for a new facility if needed.
**What if the company cannot repay in full on the term date?**
Contact Credicorp at credicorp.co.uk as soon as possible — before the term date if possible. Lenders generally prefer early communication over a missed repayment with no notice. Options may include a short extension of the term, a restructured repayment plan, or partial repayment with a revised schedule for the remainder. What is available depends on the company's position at the time. Contacting the lender proactively is always better than missing the date without warning.
**Can a Bridging Loan be extended?**
Extension is at the lender's discretion and is assessed at the time of the request. It is not guaranteed, but it is an option that Credicorp can consider. A company that has been communicating well throughout the term, has a clear reason for needing more time, and has a credible plan for repayment is in a better position to request an extension than one that misses the date without contact. Contact Credicorp directly at credicorp.co.uk.
**What are the consequences of not repaying on time?**
Failing to repay by the agreed date is a default. Interest continues to accrue on the outstanding balance. The lender may take steps to enforce the debt — including registering a County Court Judgement (CCJ) against the company, which would appear on the company's credit record for six years. This does not affect the director personally (there is no personal guarantee on Credicorp products), but it affects the company's future ability to borrow from any lender.
**Will the 100% cost cap still apply if the loan runs over its term date?**
The 100% total cost cap applies to the total charges on the facility — the interest and fees can never exceed 100% of the amount originally borrowed, regardless of how long the loan runs. At the standard Credicorp daily rate of 0.25%/day, this ceiling is not reached until around 400 days. If a loan runs over term because of a default situation, the cap continues to apply — the company will never owe more in total charges than the original principal.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-a-fixed-charge-vs-floating-charge/
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# Fixed charge vs floating charge
What a fixed charge and floating charge mean in UK business lending — what assets they cover, how a debenture works, and why Credicorp products are fully unsecured with no charge over any assets.
**Site:** [creditcorp.co.uk/learn/what-is-a-fixed-charge-vs-floating-charge/](https://creditcorp.co.uk/learn/what-is-a-fixed-charge-vs-floating-charge/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What each type of charge means
- Fixed charge, floating charge and personal guarantee compared
- Five things to check before signing any secured lending agreement
- Fixed and floating charge questions
- No charge. No debenture. No personal guarantee.
## Step-by-step guide
**Step 1: Check whether a lender is taking a fixed or floating charge**
Before signing any credit agreement, check the security section. Look for references to "debenture", "fixed charge", "floating charge", "all assets debenture", or "legal charge". If any of these appear, the lender is taking security over the company's assets. Understand what assets are covered and what the implications are on default before proceeding.
**Step 2: Check whether a personal guarantee is being requested**
A personal guarantee is a separate document from a debenture. It may accompany secured lending or appear in unsecured lending. Look for "personal guarantee", "director's guarantee", or "joint and several liability". If present, the director is agreeing to be personally liable for the company's debt. This is a significant personal commitment that should be understood and reviewed independently.
**Step 3: Check whether security is being registered at Companies House**
A debenture or fixed/floating charge must be registered at Companies House within 21 days of creation. This is a public record. If a lender is taking a debenture over the company, it will appear on the company's filing history. You can verify this on the Companies House register.
**Step 4: Understand the priority ranking of charges**
If a company has multiple creditors with fixed and floating charges, priority matters in an insolvency. Fixed charge holders rank ahead of floating charge holders, and both rank ahead of unsecured creditors. If the company has existing charges registered, new lenders may be lower in the priority queue. This affects the risk for both the company and existing secured creditors.
**Step 5: Consider unsecured options where they meet the need**
Where short-term working capital is the requirement, unsecured products (such as those offered by Credicorp) do not involve any debenture, charge, or personal guarantee. The borrower retains full control of all business assets. If the lending need is short-term and cash-flow based, unsecured products may be appropriate without the legal documentation and asset commitment of secured lending.
## Frequently asked questions
**What is a fixed charge?**
A fixed charge is a form of security a lender takes over a specific identified asset of the borrower — typically land, property, or specific equipment. The borrower cannot sell or dispose of that asset without the lender's consent. If the borrower defaults, the lender has the right to seize and sell that specific asset to recover the debt. A mortgage over a property is one common form of fixed charge.
**What is a floating charge?**
A floating charge is security over a class of assets that changes over time — typically the general assets of a business: stock, debtors, receivables, cash. Because these assets change day to day as the business trades, the charge "floats" over the pool rather than attaching to a specific item. If the borrower defaults, the floating charge crystallises — it fixes onto the assets at that moment and the lender can appoint a receiver to take control of them.
**What is a debenture and does Credicorp take one?**
A debenture is a formal document by which a company grants a lender security — often both a fixed charge over specific assets and a floating charge over the general asset pool. It is registered at Companies House. Debentures are common in larger, secured business lending — asset finance, property development finance, and some term loans. Credicorp does not take a debenture. All Credicorp products are unsecured. There is no charge of any kind over the company's assets.
**Is a personal guarantee the same as a charge?**
No. A personal guarantee is a separate commitment — a promise by an individual (usually a director) to repay the company's debt personally if the company cannot. A charge secures against assets; a personal guarantee secures against a person. Many secured lenders take both. Credicorp takes neither: no charge over any assets, no personal guarantee from any director.
**Why does Credicorp not take a fixed or floating charge?**
Credicorp's short-term products are designed to be quick, clean, and free of security obligations. Taking a debenture requires legal documentation, registration at Companies House, and typically solicitors on both sides — adding time and cost that is not appropriate for short-term working capital finance. The lending decision is based on the company's cash flow and ability to repay from trading income, not on the security available. A company director does not put any asset on the line — business or personal.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/how-to-read-a-business-loan-term-sheet/
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# How to read a business loan term sheet
A practical guide to reading a business loan term sheet — what principal, interest rate, cost cap, ERC, security and covenants mean, and what to check before accepting a credit offer.
**Site:** [creditcorp.co.uk/learn/how-to-read-a-business-loan-term-sheet/](https://creditcorp.co.uk/learn/how-to-read-a-business-loan-term-sheet/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- Key terms you will find on a term sheet
- Five things to check before accepting a credit offer
- Term sheet questions
- Ready to apply?
## Step-by-step guide
**Step 1: Check the principal and the total cost**
The principal is the amount borrowed. The total cost is the principal plus all interest and fees over the life of the loan. Look for both figures. If the term sheet shows only a daily or monthly rate, calculate the total cost yourself: (daily rate × number of days × principal) + any upfront fees. This is the number that matters.
**Step 2: Check the repayment schedule**
How is the loan repaid — as regular scheduled payments, a balloon payment at the end, or on demand? For a revolving facility, how does the interest accrue and when is it charged? Understanding the repayment shape tells you what cash flow commitment the company is taking on and when.
**Step 3: Check for security and personal guarantee**
Look for "debenture", "fixed charge", "floating charge", "security", "personal guarantee" or "director's guarantee". These are material commitments. If any appear, understand exactly what assets are covered and what the personal exposure is. If none appear, the product is unsecured — this is a significant difference from secured lending.
**Step 4: Check for early repayment charges and redemption fees**
Check whether you can repay early and whether there is a cost to doing so. Some lenders charge a penalty for early redemption. Others allow it at no charge. Knowing this before you take the facility avoids a surprise if the company wants to repay ahead of schedule.
**Step 5: Check for covenants and conditions**
Look for any ongoing obligations — information requirements, restrictions on further borrowing, minimum balance requirements, insurance obligations. Also check the conditions to drawdown — are there steps you must complete before accessing the money? These conditions may affect timing and add friction to the process.
## Frequently asked questions
**What is a term sheet?**
A term sheet (also called a credit offer, letter of offer, or indicative terms) is a document from a lender that sets out the key terms of a proposed lending facility before the full agreement is signed. It summarises principal, interest rate, fee structure, repayment terms, security requirements, and any conditions. It may be binding or non-binding — check whether accepting it creates a contractual obligation.
**What is an early repayment charge (ERC)?**
An ERC is a fee for repaying a loan before the agreed end of the term. It compensates the lender for lost interest income. Not all products have an ERC. Credicorp products allow early repayment — you only pay interest for the days you have actually borrowed. There is no ERC penalty for paying off early. Check the term sheet carefully: "early repayment charge" or "redemption fee" means there is a cost to repaying early.
**What does APR or annual percentage rate mean on a term sheet?**
APR is the annualised cost of credit expressed as a percentage, including interest and fees. It is designed to allow comparison across products over one year. For short-term business lending measured in weeks or months, APR can appear very high — a product with a daily rate and no long holding period will have a high APR even if the actual total cost is modest. The total cost in pounds over the borrowing period is a more useful comparison for short-term products.
**What are covenants in a business loan?**
Covenants are conditions a borrower must comply with during the term of the loan. They fall into two types: positive covenants (things you must do — maintain certain account balances, provide information, keep insurance current) and negative covenants (things you must not do — take on additional debt above a certain level, dispose of key assets). Breaching a covenant may trigger early repayment or other remedies. Short-term unsecured products like Credicorp's typically have minimal or no covenants.
**What should I check most carefully on a term sheet?**
Five areas to read carefully: (1) Is there any security — fixed charge, floating charge, debenture? (2) Is there a personal guarantee from the director? (3) Is there an early repayment charge? (4) What is the total cost in pounds, not just the rate? (5) Are there covenants that restrict what the business can do? These are the most impactful terms beyond the headline rate and amount.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-trade-finance/
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# What is trade finance?
What trade finance is, how it works for UK businesses that import or export goods, the main product types, and how trade finance differs from general short-term working capital credit.
**Site:** [creditcorp.co.uk/learn/what-is-trade-finance/](https://creditcorp.co.uk/learn/what-is-trade-finance/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- The problem trade finance solves
- The main types of trade finance
- How to choose the right trade finance product
- Trade finance questions
- Related guides
- Short-term trade gap? Credicorp can bridge it.
## Step-by-step guide
**Step 1: Identify the specific trade finance need**
Different trade problems need different products. Do you need to guarantee payment to a foreign supplier? That may be a letter of credit. Do you need to release cash from invoices before customers pay? That is invoice finance. Do you need a short-term loan to buy a batch of stock for resale? That could be a trade loan or a working capital facility like Credicorp's Bridging Loan or Flex. Define the specific timing problem before choosing a product.
**Step 2: Understand the trade cycle that creates the cash flow gap**
Map out the timing of money in and money out for a typical trade transaction: when do you pay for goods, when do you receive them, when do you sell them, when does the customer pay? The gap between paying for goods and collecting revenue from the sale is the cash flow gap. The size and duration of that gap determines how much finance is needed and for how long.
**Step 3: Match the product to the duration and nature of the gap**
Short gaps (under 84 days) in a trading company's working capital can often be bridged with a Credicorp Business Bridging Loan or Flex facility — simple, fast, and with no need to tie the facility to a specific shipment or invoice. Longer or more complex gaps — especially in international trade — may need specialist trade finance products from banks or specialist providers.
**Step 4: Apply at credicorp.co.uk for short-term working capital needs**
If the need is a short-term working capital gap driven by the company's trade cycle — not a specialist trade finance instrument — Credicorp can help. The Business Bridging Loan covers up to 84 days; the Flex revolving facility allows repeated drawing as cash flow allows. Apply at credicorp.co.uk. For specialist trade finance (letters of credit, supply chain finance), a business bank or specialist provider is the right starting point.
## Frequently asked questions
**What is trade finance?**
Trade finance is a broad term for financial products that facilitate international or domestic trade — specifically the purchase and sale of goods between businesses. The core problem it solves is the timing gap between when a buyer must pay for goods and when the buyer can resell those goods and recover the cash. Trade finance products bridge that gap: they allow the buyer to pay the supplier on time while the buyer waits for revenue from selling the goods on.
**What are the main types of trade finance?**
The main products are: (1) Letters of credit (LC) — a bank guarantees payment to the seller, subject to the buyer meeting specified conditions; used widely in international trade; (2) Invoice finance — selling outstanding invoices to a lender to release cash before the customer pays; (3) Supply chain finance (reverse factoring) — a buyer arranges early payment to suppliers via a lender, funded by the buyer's credit strength; (4) Trade loans — short-term loans specifically to fund the purchase of goods for resale; (5) Import/export finance — product-specific credit lines for importers or exporters.
**Is trade finance the same as working capital finance?**
They overlap but are not the same. Working capital finance is a broader category — it covers any short-term credit used to fund the day-to-day operations of a business, including payroll, rent, and overheads. Trade finance is more specific: it is used to fund the purchase, shipment, or sale of goods. A Credicorp Business Bridging Loan or Flex facility is working capital finance — it can be used for trade purposes but is not tied to a specific shipment or invoice in the way that a letter of credit or trade loan is.
**Does Credicorp offer trade finance?**
Credicorp's products — the Business Bridging Loan, Flex revolving facility, and Slice invoice finance — are short-term working capital products rather than specialist trade finance instruments. They are not letters of credit, supply chain finance programmes, or import/export credit lines. However, they can be used by a trading business to bridge a cash flow gap that arises from a trade cycle — for example, to fund stock purchases while waiting for customer payments. The right product depends on the specific need; read the bridge vs Flex vs Slice guide for a product comparison.
**Where can a UK business get trade finance?**
Trade finance is offered by: high street banks (Barclays, HSBC, NatWest all have trade finance desks); specialist trade finance lenders; export credit agencies (UK Export Finance for exporters); and invoice finance providers. The right provider depends on the product type needed — letters of credit typically require a bank relationship; invoice finance is available from many specialist lenders; trade loans are available from banks and specialist short-term lenders. A business finance broker can help identify the right match.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-trade-credit-and-how-does-it-affect-borrowing/
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# What is trade credit and how does it affect borrowing?
What trade credit is, how it appears on a business credit report, and whether trade credit history affects a company's ability to get a business loan.
**Site:** [creditcorp.co.uk/learn/what-is-trade-credit-and-how-does-it-affect-borrowing/](https://creditcorp.co.uk/learn/what-is-trade-credit-and-how-does-it-affect-borrowing/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it: short-term working capital for incorporated UK businesses. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
The borrower is the **company**: a UK limited company, LLP or PLC. Credicorp does not require a personal guarantee, does not take a charge over a director's home, and does not lend to sole traders or consumers.
## Contents
- What trade credit is
- How trade credit appears on a business credit report
- How trade credit history affects a business loan application
- Trade credit defaults
- Improving the company's trade credit profile
- Frequently asked questions
- Related guides
## What is trade credit?
Trade credit is the agreement between a supplier and a business buyer where the buyer receives goods or services immediately and pays the invoice later, typically on net 30, net 60 or net 90 terms. The supplier extends credit without charging interest during the agreed payment period.
From the buyer's perspective, trade credit is a working capital tool. It allows the company to receive stock or services, use them to generate revenue, and then pay the supplier out of the resulting cash flow. From the supplier's perspective, it is a commercial necessity: most B2B suppliers offer credit terms because their customers expect them.
Trade credit is different from a business loan because no money changes hands. The supplier provides goods or services, not cash. But the economic effect is similar: the buyer has use of value now and pays for it later.
## How trade credit appears on a business credit report
Many suppliers, particularly larger ones, report customer payment performance to business credit reference agencies. In the UK, the main business credit bureaux include **Experian Business**, **Equifax Business**, **Creditsafe** and **Dun & Bradstreet**. Credit insurers, who insure suppliers against customer non-payment, may also feed data into these agencies.
A business credit report may include:
- **Payment performance data:** whether the company pays on time, late, or not at all.
- **Outstanding trade balances:** the aggregate amount owed to reporting suppliers.
- **Trade credit defaults:** formal default entries where payment was not made.
- **County Court Judgements:** recorded against the company if a creditor obtained a court order.
Not all suppliers report to credit bureaux. Many small suppliers do not. But where trade credit data exists, it can be visible to any lender who searches that bureau.
## How trade credit history affects a business loan application
Business lenders typically search one or more business credit reference agencies as part of their credit assessment. A company with strong trade credit history, meaning consistent on-time payment across multiple suppliers, signals good cash flow management and commercial discipline. That is generally positive for a loan application.
A pattern of late payments, trade credit defaults, or a very high outstanding trade balance relative to the company's size can raise questions about cash flow and ability to service new borrowing.
A single historical default, particularly one that has been settled, is unlikely to be an automatic bar to borrowing. The context matters. A company with strong recent bank statement performance and a settled old default is in a different position to a company with multiple active defaults and deteriorating cash flow.
## Trade credit defaults
A trade credit default is formally recorded on the company's business credit file when a supplier invoice goes unpaid and the supplier, or its collections agent, registers the default with a credit bureau. This usually happens after the debt has been chased repeatedly without payment.
Trade credit defaults are recorded against the **company**, not the director. They do not appear on the director's personal credit file unless the director also gave a personal guarantee to that supplier.
Trade credit defaults can remain on a business credit file for several years. Resolving the underlying debt does not automatically remove the default entry, but it is usually recorded as satisfied, which is better than an outstanding default in the eyes of most lenders.
## How to review and improve trade credit standing
1. **Pull the company's business credit report.** Obtain a business credit report from Experian Business, Creditsafe, Equifax Business or Dun & Bradstreet and review the trade payment section.
2. **Identify adverse entries.** Check whether negative entries reflect actual late payment or data errors. Raise disputes with the bureau for inaccurate entries.
3. **Bring outstanding invoices up to date.** Before applying for finance, pay down overdue supplier invoices where possible to show current payment behaviour.
4. **Pay future invoices within terms.** Treat supplier payment terms as a credit commitment. On-time payment builds positive trade history over time.
5. **Use working capital finance to smooth gaps.** Short-term business finance can bridge cash flow gaps so supplier invoices are paid on time during seasonal troughs or delayed debtor settlement.
## Frequently asked questions
**What is trade credit?**
Trade credit is an arrangement where a supplier allows a business to receive goods or services now and pay for them later, typically 30, 60 or 90 days after the invoice date. The supplier is effectively lending to the buyer for that period without charging interest, on the understanding that the buyer will pay on time.
**Does trade credit appear on a business credit report?**
Yes, if the suppliers report to business credit reference agencies. Many larger suppliers and credit insurers report payment performance to agencies including Experian Business, Equifax Business and Creditsafe. A company that consistently pays suppliers on time can build a positive trade credit record. A company that frequently pays late or has trade credit defaults may see that reflected in its business credit file.
**Does trade credit history affect a business loan application?**
It can. Business lenders typically search one or more business credit reference agencies as part of their credit assessment. Strong trade credit history generally helps a business loan application. Trade credit defaults, late payment patterns, or a company that appears heavily reliant on supplier credit can raise questions about cash flow management.
**What is a trade credit default?**
A trade credit default occurs when a company fails to pay a supplier invoice and the debt is formally recorded as defaulted on the company's business credit file. Unlike personal consumer credit defaults, trade credit defaults are recorded against the company, not the director.
**Can a company with a trade credit default still borrow from Credicorp?**
Possibly. Credicorp carries out a holistic credit assessment that considers the company's current trading position, bank statement health, outstanding obligations and overall creditworthiness, not just the presence or absence of individual negative markers.
**How can a company improve its trade credit profile?**
Pay supplier invoices on time, consistently. Set up payment reminders or automated BACS payments, resolve supplier disputes quickly and in writing, check the company's business credit report periodically, dispute incorrect entries, and settle outstanding defaults where possible.
## Related guides
- [What business credit bureaux see](/learn/what-business-credit-bureaux-see/)
- [Business credit score explained](/learn/business-credit-score-explained/)
- [What is a CCJ and how does it affect borrowing?](/learn/what-is-a-ccj-and-how-does-it-affect-borrowing/)
- [How affordability is assessed](/learn/how-affordability-is-assessed/)
- [What lenders look for in bank statements](/learn/what-lenders-look-for-in-bank-statements/)
- [All learn guides](/learn/)
## Ready to apply?
Applications, account management and product details are at [credicorp.co.uk](https://credicorp.co.uk/). Your company borrows; you do not.
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-a-letter-of-credit/
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# What is a letter of credit?
What a letter of credit (LC) is, how it works in international trade, the parties involved, the different types, and how it relates to other business finance products.
**Site:** [creditcorp.co.uk/learn/what-is-a-letter-of-credit/](https://creditcorp.co.uk/learn/what-is-a-letter-of-credit/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What a letter of credit does
- Types of letter of credit
- How to use letters of credit alongside working capital finance
- Letter of credit questions
- Related guides
- Need short-term working capital during a trade cycle?
## Step-by-step guide
**Step 1: Identify whether you need a letter of credit or working capital finance**
An LC is used when a seller requires a bank's payment guarantee before shipping goods — typically in international trade with an unfamiliar counterparty in a different jurisdiction. Working capital finance (like Credicorp's Bridging Loan or Flex) is used when a company needs cash to fund operations or bridge a timing gap — it is not a payment guarantee. If your supplier requires a bank guarantee before shipping, you likely need an LC. If you need cash to fund a deposit or purchase while waiting for customer payment, a working capital facility may be more appropriate.
**Step 2: Contact your business bank if you need an LC**
Letters of credit are issued by banks with trade finance capability. Contact your business bank (Barclays, HSBC, NatWest, Lloyds, or a specialist trade bank) and ask to speak to the trade finance team. You will need to provide details of the trade transaction, the seller's requirements, and security for the bank's exposure. The bank will assess your creditworthiness and issue the LC if approved.
**Step 3: If you need short-term working capital alongside or after a trade transaction, consider Credicorp**
Credicorp's Business Bridging Loan can fund cash flow needs arising from a trade cycle — for example, paying a deposit to a supplier before an LC is arranged, or covering overheads while goods are in transit and payment is pending. The Flex revolving facility can be drawn and repaid repeatedly across multiple trade cycles. These are complementary to trade finance rather than substitutes for it. Apply at credicorp.co.uk.
**Step 4: Ensure all trade documentation is in order if you are the seller under an LC**
If you are the seller (beneficiary) under a letter of credit, payment is conditional on you presenting the documents specified in the LC — typically a bill of lading, commercial invoice, packing list, and sometimes certificates of origin or quality. Any discrepancy between the documents and the LC terms can allow the bank to refuse payment. Ensure all documentation is correct and compliant before presenting it to the bank.
## Frequently asked questions
**What is a letter of credit?**
A letter of credit (LC) is a document issued by a bank on behalf of a buyer, guaranteeing payment to the seller — provided the seller meets specified conditions. It is widely used in international trade to reduce the risk that a buyer fails to pay. The bank, not the buyer, takes on the payment obligation. The seller is paid by the bank once it presents compliant shipping and trade documentation. The buyer then repays the bank.
**Who are the parties to a letter of credit?**
There are four main parties: (1) the applicant (the buyer) — who asks their bank to issue the LC and is ultimately responsible for repaying the bank; (2) the issuing bank — the buyer's bank, which issues the LC and guarantees payment; (3) the beneficiary (the seller) — who receives payment under the LC provided the conditions are met; (4) the advising/confirming bank — the seller's bank, which notifies the seller of the LC and, if confirming it, adds its own payment guarantee.
**What is the difference between a revocable and irrevocable letter of credit?**
A revocable LC can be modified or cancelled by the issuing bank without the seller's consent — providing very little protection to the seller. An irrevocable LC cannot be changed or cancelled without the agreement of all parties, including the beneficiary. In practice, virtually all commercial letters of credit are irrevocable, because only an irrevocable LC provides meaningful payment security to the seller.
**What is the difference between a letter of credit and a bank guarantee?**
A letter of credit is a primary payment mechanism — the bank pays when conditions are met, and payment is expected to be made. A bank guarantee is a secondary obligation — the bank only pays if the applicant defaults. In trade finance, an LC is used when the seller needs certainty that payment will be made; a guarantee is used when a party needs security against a potential failure, not as the primary payment route.
**Does Credicorp offer letters of credit?**
No. Credicorp's products — the Business Bridging Loan, Flex, and Slice — are short-term working capital and invoice finance products for UK trading companies, not documentary trade finance instruments. They are designed for businesses that need to bridge a cash flow gap, not for businesses that need to guarantee payment to a foreign supplier. For a letter of credit, you would approach a business bank (Barclays, HSBC, NatWest) that operates a trade finance desk. Credicorp's products can complement trade finance — for example, funding a deposit to a supplier while a LC is arranged — but they are not LCs.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-is-open-banking-and-is-it-safe/
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# What is Open Banking and is it safe?
Open Banking explained — what read-only consent means, how FCA regulation protects your data, what information a lender receives, and how to disconnect at any time.
**Site:** [creditcorp.co.uk/learn/what-is-open-banking-and-is-it-safe/](https://creditcorp.co.uk/learn/what-is-open-banking-and-is-it-safe/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- How Open Banking works
- The security protections in detail
- How to revoke an Open Banking consent
- Five steps to use Open Banking safely
- Open Banking questions
- Ready to apply?
## Step-by-step guide
**Step 1: Verify the provider is FCA-registered**
Before granting any Open Banking consent, confirm that the provider is registered with the FCA as an Account Information Service Provider. The FCA publishes a public register at the FCA website — search the provider's company name or firm reference number. Any legitimate Open Banking provider will be on this register. If they are not, do not proceed.
**Step 2: Understand what you are consenting to**
When the bank's consent screen appears, read the scope carefully. It will state the provider name, the data it is requesting (typically transactions and balances), and the duration of the consent. Check that the duration matches what the provider told you — most lenders request a short window (30 to 90 days) for affordability assessment, not an indefinite or rolling consent.
**Step 3: Complete authentication through your bank, not the lender**
Open Banking authentication always happens through your bank's own interface — either your banking app or the bank's web portal. The lender does not see your login credentials at any point. If a lender asks for your online banking username and password directly (instead of redirecting to your bank), stop immediately — that is not Open Banking, it is unsafe.
**Step 4: Note where to manage the consent**
Once granted, find where your bank lets you view and revoke active Open Banking consents. This is usually in your banking app under "Settings", "Connected apps" or "Data sharing". Knowing this location before you grant consent means you can revoke it easily if needed.
**Step 5: Revoke access once the assessment is complete**
Once the lender has completed its assessment, you can revoke the Open Banking consent. Log into your banking app, navigate to the connected apps or data sharing section, and disconnect the lender. This is optional — the data already accessed is held under the lender's data protection obligations — but revoking prevents any further data access.
## Frequently asked questions
**What is Open Banking?**
Open Banking is a regulated system that allows a company to securely share read-only access to its bank transaction data with a provider it explicitly chooses. It was mandated in the UK under PSD2 (the Payment Services Directive 2) and is overseen by the FCA (Financial Conduct Authority). Every provider that accesses bank data via Open Banking must be registered with the FCA as an Account Information Service Provider (AISP). Open Banking does not give the provider access to move money — it is read-only.
**Is Open Banking safe?**
Yes. Open Banking is a regulated framework with strong protections. The connection uses OAuth2 — an industry-standard secure authorisation method, the same approach used to log in with Google. The bank itself controls the authentication. The provider never sees your banking username or password. Access is read-only: no provider can initiate payments or move money via an Open Banking consent. Data is encrypted in transit. Consents are time-limited and revocable at any time.
**What data does the lender actually receive?**
The lender receives a read-only view of transaction data — typically 12 months of bank transactions, account balances, and income and outgoing patterns. It cannot see the company's login credentials, future pending payments (beyond those visible in the account), or accounts not covered by the consent. The data received is the same data the company can see in its own online banking — no more, no less.
**Can the lender move money or set up payments via Open Banking?**
No. An Account Information Service Provider (AISP) consent is strictly read-only. Moving money requires a separate regulatory permission — a Payment Initiation Service Provider (PISP) consent, which is a completely separate and distinct authorisation. A lender using Open Banking for affordability assessment is operating under AISP permissions. It cannot initiate any payment or transfer via the same consent.
**How do I disconnect Open Banking access?**
You can revoke Open Banking consent at any time, in two ways. First, directly through your bank — every UK bank with Open Banking must provide a consent management interface (usually in the online banking portal under "connected apps" or "data sharing") where you can revoke any active consent. Second, through the provider themselves — a request to the lender to revoke the consent must be honoured. Revocation is immediate: from the moment consent is revoked, the provider can no longer access transaction data.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/same-day-decision-how-it-works/
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# Same-day lending decision: how it works
How a same-working-day lending decision happens at Credicorp — the data sources checked, what makes a decision fast or slow, and how to apply for the fastest outcome.
**Site:** [creditcorp.co.uk/learn/same-day-decision-how-it-works/](https://creditcorp.co.uk/learn/same-day-decision-how-it-works/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What happens after you apply
- What slows a decision down
- Five steps for the fastest possible decision
- Same-day decision questions
- Ready to apply?
## Step-by-step guide
**Step 1: Apply on a working day**
Decisions are processed during working hours. An application submitted at 4pm on a Friday will not receive a same-day decision until Monday morning at the earliest. For the fastest outcome, apply at the start of the working day — this maximises the available processing window.
**Step 2: Connect via Open Banking for instant data**
Open Banking provides read-only access to the company's bank transaction history directly from the bank. It is faster and more reliable than PDF statement upload — no formatting issues, no missing pages, no delays waiting for uploaded files to be checked. Connect the company's business bank account via Open Banking when the application offers the option.
**Step 3: Ensure at least three months of bank data is available**
The assessment uses bank statements to verify income pattern and affordability. If the company bank account shows fewer than three months of trading history, or if only partial statements are available, the assessment cannot be completed from available data. New companies should apply once they have at least three months of statements.
**Step 4: Have the company details correct and complete**
The application needs to match the Companies House record. The registered company name, number and address should be current. Confirmation statements and accounts should be filed on time. Discrepancies between the application and the Companies House record can trigger a query that delays the decision.
**Step 5: Respond quickly to any clarifying question**
If Credicorp has a question arising from the application — about a specific transaction, a gap in the data, or a point that needs clarification — respond as quickly as possible. Queries are the most common cause of a same-day decision becoming a next-day one. Watch for contact from the assessment team after submitting.
## Frequently asked questions
**How fast is the decision?**
For a complete application submitted on a working day, the decision is typically reached the same working day. "Complete" means the company bank data is available (via Open Banking or PDF upload) and the application covers all required fields. Incomplete applications, queries about the data, or applications submitted outside working hours will take longer.
**What data does Credicorp check during a decision?**
The three main data sources are: (1) company bank statements — the primary affordability signal, showing income pattern, balance levels, existing commitments and cash-flow behaviour; (2) business credit bureau data — from providers such as Experian Business, Equifax, Creditsafe or Dun & Bradstreet, covering payment history, CCJs and credit utilisation; (3) Companies House — registered company record, confirmation statements, filing history, director details.
**Is there a personal credit check?**
No. Credicorp assesses the company, not the director personally. There is no search on a director's personal credit file. The lending is to the body corporate; the director has no personal liability and no personal credit check forms part of the assessment.
**What slows a decision down?**
The most common causes of delay are: (1) incomplete bank data — only partial statements uploaded, or Open Banking connection failing; (2) application submitted outside working hours — decisions run during the working day; (3) the application raising queries — unusual cash-flow patterns, very recent incorporation, or a data discrepancy that requires a clarifying question. If a query arises, Credicorp will typically contact the company to ask.
**Does "decision the same day" mean I get the money the same day?**
Not always. The decision and the funding are separate steps. Once a decision is made and an offer accepted, funds are typically sent to the company's nominated bank account the same or next working day, depending on when the agreement is signed and the bank's payment processing. Read the application process step by step for the full timeline.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/business-credit-score-explained/
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# Business credit score explained
What a business credit score is, who calculates it, why scores differ between bureaux, what factors affect it, and how lenders use it alongside bank statement and Companies House data.
**Site:** [creditcorp.co.uk/learn/business-credit-score-explained/](https://creditcorp.co.uk/learn/business-credit-score-explained/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What a business credit score actually is
- What affects the score
- How lenders use the score
- Five steps to check and understand your company’s score
- Business credit score questions
- Ready to apply?
## Step-by-step guide
**Step 1: Pull a business credit report before applying**
Before applying for any business finance, request a credit report on the company from at least one major bureau — Experian Business, Equifax Business, Creditsafe or Dun & Bradstreet. This is what lenders see. It may contain errors or outdated entries that can be corrected before they affect an application.
**Step 2: Understand what is driving your score**
Once you have a report, identify the factors dragging the score down. Common issues: unsatisfied CCJs, late Companies House filings, a very thin file with no payment history, or a sector-risk flag. Each of these has a different remedy, and prioritising them correctly saves time.
**Step 3: Address errors and outdated entries**
Bureau data is not always current or accurate. A paid CCJ that shows as unsatisfied, a wrong registered address, or a filed account that hasn't yet been processed can all depress the score. Dispute errors directly with the bureau. For a satisfied CCJ, apply for the register entry to be updated. These corrections typically take two to six weeks to flow through to the bureau.
**Step 4: Build a positive payment history over time**
A bureau score improves through consistent, on-time payment behaviour across all obligations — trade suppliers, credit facilities, utilities. Each month of on-time payments adds to the positive history. For newer companies, this takes time — there is no shortcut to building a track record. The most important input to the bureau score over time is consistent payments.
**Step 5: Check across multiple bureaux before a significant application**
Different bureaux hold different data and use different models. A lender may check one, two or three bureaux. Before a significant credit application, check the company's record at more than one bureau and address any issues across all of them, not just the one you expect the lender to use.
## Frequently asked questions
**What is a business credit score?**
A business credit score is a numerical summary of a company's creditworthiness, produced by business credit reference agencies. It is calculated from the company's payment history, financial data, Companies House filings, court records (including CCJs) and — for older companies — filed accounts. The score is intended to indicate the likelihood of the company meeting its financial obligations. Unlike a personal credit score, a business credit score is primarily about the company, not its directors.
**Who calculates business credit scores?**
In the UK, the main business credit reference agencies are Experian Business, Equifax Business, Dun & Bradstreet and Creditsafe. Each uses its own proprietary model and data sources, which means scores for the same company can differ significantly between bureaux. There is no single universal business credit score. A score of 80/100 at one bureau is not the same as a score of 80/100 at another.
**What factors affect a business credit score?**
The main factors are: (1) payment history — paying suppliers and creditors on time; (2) County Court Judgments — unsatisfied CCJs are a significant negative; (3) company age and stability — older companies with a consistent trading history score better; (4) Companies House filings — late or missing confirmation statements and accounts are a negative signal; (5) financial data from filed accounts — revenue trends, profit margins, working capital ratios; (6) industry risk — some sectors are scored as higher risk by default; (7) existing credit obligations — high utilisation of existing credit facilities.
**Does a director's personal credit affect the company's score?**
In general, a company credit score is about the company, not the director personally. Business credit bureaux primarily use company-level data. However, for very new companies with little data of their own, some bureau models may factor in director-level data as a proxy. As the company builds its own history, the reliance on director data typically diminishes. Credicorp does not run a personal credit check — it assesses the company.
**Can I check my company's credit score?**
Yes. All major business credit bureaux offer business credit reports that companies can purchase to see what a lender would see. Experian Business, Equifax Business, Creditsafe and Dun & Bradstreet all offer reports. Prices vary — a basic report is typically £20 to £40; subscription services offering monitoring are more. It is worth checking at least one bureau before applying for any business credit.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/how-to-increase-borrowing-capacity/
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# How to increase borrowing capacity
Practical steps for a UK limited company to improve its borrowing capacity — bank account behaviour, business credit bureau entries, Companies House maintenance and application timing.
**Site:** [creditcorp.co.uk/learn/how-to-increase-borrowing-capacity/](https://creditcorp.co.uk/learn/how-to-increase-borrowing-capacity/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What determines borrowing capacity
- Five practical steps to increase what you can borrow
- Borrowing capacity questions
- Ready to apply?
## Step-by-step guide
**Step 1: Improve bank account behaviour**
The bank statement is the primary affordability signal. To optimise it: ensure all income flows through the company's business bank account (not a personal account); avoid end-of-month balance crashes (a balance that hits near-zero every month suggests the company is stretched); reduce unnecessary recurring commitments; and if possible, keep a buffer of at least one month's operating costs at month-end. Six months of consistent, balanced data makes a stronger case than three months.
**Step 2: Address business credit bureau entries**
Pull a business credit report on the company from Experian Business, Equifax Business or Creditsafe. Check for: unsatisfied CCJs (pay them — satisfied or removed is far better); late payment markers (these fade over time with on-time behaviour); incorrect entries (dispute errors with the relevant bureau). The bureau is one of three data sources in the assessment — a clean bureau record removes a potential blocker.
**Step 3: Keep Companies House records current**
A company with overdue confirmation statements or late accounts is a weaker applicant than one with a clean filing history. File confirmation statements on time. Keep the registered address current. If accounts are due, file them before applying. A company with a full, current filing history supports a faster and more confident assessment.
**Step 4: Build a repayment track record**
If the company has not borrowed before, consider a small first facility and repay it on time. This adds to the company's bureau payment history. A company with two or three successful, on-time repayments presents a materially better risk profile than a first-time applicant. The capacity to borrow builds from the first repayment.
**Step 5: Apply at the right time — when the data looks its best**
Timing matters. Apply after a period of consistent income, not immediately after a quiet month. Apply after resolving any outstanding bureau entries. Apply when Companies House filings are current. Apply when the company's bank balance is healthy, not at a low point. The assessment sees the most recent available data — optimising that data window before applying is the most direct route to a higher offer.
## Frequently asked questions
**What is borrowing capacity?**
Borrowing capacity is the maximum amount a lender assesses the company can afford to borrow and repay given its current financial position. It is not a fixed product limit but a company-specific figure derived from bank statement data, credit bureau data and the Companies House record. A company with higher, more consistent income, a clean bureau record and current Companies House filings will typically be offered more than a company with lower or more variable income.
**Does improving the director's personal credit score help?**
No. Credicorp assesses the company, not the director personally. There is no personal credit check. A director's personal credit score has no effect on the company's borrowing capacity with Credicorp. The relevant credit file is the company's own business credit file at bureaux such as Experian Business, Equifax Business, Creditsafe and Dun & Bradstreet.
**How quickly can borrowing capacity improve?**
It depends on what is being addressed. Bank account behaviour improves the data picture over months of trading — three to six months of strong, consistent data can meaningfully shift what an assessment sees. A CCJ that is paid and satisfied shows on the bureau within weeks. Companies House filing lateness can be resolved immediately. An improvement in income level takes the time the business takes to grow. There is no shortcut, but deliberate focus on the right factors produces measurable results.
**Does borrowing and repaying on time increase future capacity?**
Yes. Each successful draw and repayment adds to the company's payment history on its bureau file. Consistent on-time repayment is one of the most reliable signals of credit quality. A company that has borrowed and repaid twice is a better-evidenced risk than one applying for the first time with no lending history. This is why the first application — even for a modest amount — builds long-term capacity.
**Does having too much outstanding credit reduce capacity?**
Yes. High credit utilisation — a large proportion of available credit already drawn — is a signal that the company is heavily committed. Reducing outstanding balances before applying can improve the bureau picture and reduce the committed outgoings that feed the affordability assessment. If the company has a Flex balance partially drawn, paying it down before applying for a Bridging Loan may improve the offer.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/what-lenders-look-for-in-bank-statements/
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# What lenders look for in bank statements
How a business lender reads a bank statement for affordability — income lines, balance trends, recurring outgoings, month-end behaviour and the signals that help or hurt a loan application.
**Site:** [creditcorp.co.uk/learn/what-lenders-look-for-in-bank-statements/](https://creditcorp.co.uk/learn/what-lenders-look-for-in-bank-statements/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- Where bank statements fit in the assessment
- Positive and negative signals in a bank statement
- What counts as income — and what does not
- Five steps to optimise your bank statement before applying
- Bank statement and affordability questions
- Ready to apply?
## Step-by-step guide
**Step 1: Ensure all trading income flows through the company bank account**
The bank statement is the affordability evidence. All customer payments should be received into the company's business bank account. If some income is received elsewhere — into a personal account, through a payment platform that doesn't flow into the business account — the lender will not see it. Consolidate income flows into the assessment account before applying.
**Step 2: Avoid end-of-month balance crashes**
A balance that hits near-zero every month-end signals that the business spends up to its income and holds no buffer. This is a risk indicator. Building and maintaining a month-end buffer — even one month of operating costs — changes the affordability picture. Aim for a consistent closing balance rather than peaks and crashes.
**Step 3: Reduce unnecessary recurring outgoings before applying**
Standing orders and direct debits for services the business no longer uses, or subscriptions that can be cancelled, add to the committed outgoings that reduce borrowing capacity. Auditing and reducing unnecessary recurring payments before applying directly improves the income-to-outgoings ratio the assessment sees.
**Step 4: Avoid director capital injections immediately before applying**
A large personal transfer into the company account just before applying can make the balance look healthier than it is, but lenders are experienced at identifying this. A sudden large credit that doesn't match the company's normal income pattern stands out and may raise questions. Steady trading income over multiple months is a more credible affordability signal than a recent top-up.
**Step 5: Pull and review the statements yourself before applying**
Review three to six months of the company's bank statements from the lender's perspective: what does the income look like, how consistent is it, what are the major outgoings, is the balance stable? The same picture the lender will see. If there are anomalies — a missed month of income, an unusual large payment out — understanding them before the application means you can explain them accurately if asked.
## Frequently asked questions
**How many months of bank statements does a lender typically look at?**
For short-term business lending, lenders typically review three to twelve months of bank statements. Three months gives a snapshot; six months shows a seasonal pattern; twelve months is a full year's trading picture. Credicorp uses Open Banking to access transaction data directly, which makes the process faster and removes the need to upload files. More months of consistent data generally supports a stronger affordability case.
**What counts as income on a business bank statement?**
Regular incoming credits from trading activity — invoices paid by customers, recurring contract payments, fees received. What counts less: one-off lump sums, loans being drawn down (these inflate the balance but are not income), transfers in from the director's personal account, or infrequent large payments that cannot be shown to recur. Consistent, identifiable trading income is the strongest signal.
**Does the lender care about outgoings on the bank statement?**
Yes. Outgoings are as important as income. A lender looks at committed recurring outgoings — rent, salaries, existing loan repayments, supplier standing orders — to assess what the business must pay out each month before any new repayment is considered. The difference between regular income and committed outgoings is what supports a new repayment obligation. High outgoings relative to income reduce borrowing capacity.
**What does a lender make of a company that uses an overdraft constantly?**
Constant overdraft usage suggests the business is living beyond its income month-to-month. This is a negative signal for affordability — it indicates limited or no financial buffer. Occasional short dips into an overdraft are less concerning than a balance that sits in negative territory throughout the month. Reducing or eliminating overdraft usage before applying will improve the affordability picture.
**Does a large balance help the application?**
A consistently healthy balance — one that does not crash to near-zero at month-end — is a positive signal. It suggests the business has a financial buffer. However, a large balance from a one-off payment (a large contract advance, a director's capital injection) is less helpful than a large balance built up from regular trading income. Lenders look at the source and consistency of the balance, not just the peak number.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/accounts-prep-for-loan-application/
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# Preparing your accounts for a business loan application
What financial information you need to prepare before applying for a business loan — what lenders are looking for, what Open Banking shows, and how to put the company's best foot forward.
**Site:** [creditcorp.co.uk/learn/accounts-prep-for-loan-application/](https://creditcorp.co.uk/learn/accounts-prep-for-loan-application/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- What a lender reads when you apply
- How to prepare
- Application preparation questions
- Related guides
- Prepared. Apply when the picture is strongest.
## Step-by-step guide
**Step 1: Ensure the company has a dedicated business bank account in active use**
Credicorp's Open Banking read covers 3 months of business banking. If the company is currently banking through a personal account or a mixed-use account, the picture is unclear and the read may not show adequate trading cash flow. A dedicated business bank account — used for all business receipts and payments — gives the clearest picture. If this is not yet in place, switch and trade through it for 3 months before applying.
**Step 2: Check that Companies House filings are current**
Log in to Companies House WebFiling and verify: that the company's confirmation statement is up to date, that any overdue accounts have been filed, and that the registered office address is current. Gaps or late filings appear in the business credit report and can suppress the score. Fixing these before applying — even if it takes a few weeks — improves the starting position.
**Step 3: Understand what the Open Banking read will show**
When you apply via Credicorp's website, you will be asked to connect the company's main business bank account via Open Banking. The connection is read-only — Credicorp cannot make payments or move money. It reads up to 3 months of transaction history: receipts, payments, balance movements. You can see this data yourself by downloading a bank statement and reading it as a lender would: look for consistent monthly receipts, regular supplier and payroll payments, and no extended overdraft periods.
**Step 4: Apply at credicorp.co.uk when the picture is strongest**
The assessment is run at the time of application. Applying when the company has 3 months of strong, consistent business banking — after a strong trading quarter, after clearing an outstanding debt, when the bank account is not under pressure — gives the strongest result. There is rarely a good reason to apply under temporary cash pressure if a stronger position is 4-6 weeks away. Apply at credicorp.co.uk.
## Frequently asked questions
**Do I need to prepare accounts documents before applying to Credicorp?**
Credicorp uses Open Banking rather than manual document submission — the company's bank account is read directly, covering the last three months of transactions. You do not need to prepare and submit bank statements, management accounts, or profit-and-loss reports as separate documents. The application process is designed to be fast: Open Banking provides the financial picture in real time rather than via a document submission and review cycle.
**What does a lender actually look for in the financial information?**
The core question is: can this company afford to borrow this amount and repay it by the agreed date? Lenders look at: (1) Cash flow — how much genuine revenue flows into the business account each month and how consistently; (2) Existing obligations — what the company already owes, including loans, HP agreements, or credit card balances; (3) Banking behaviour — how the account is managed, whether there are consistent payroll runs and supplier payments, and whether the account goes into extended overdraft; (4) Trading history — how long the company has been generating revenue at this level.
**Does it help to have filed accounts at Companies House?**
Yes. A company that has filed accounts on time — even abridged accounts for a small company — demonstrates consistent trading and good administrative discipline. Late filings or gaps in the Companies House record can suppress the business credit score, which is a factor in the assessment. A company that has been trading for a year or more and has clean filing history is in a stronger position than one with gaps.
**Should I move money into the business account before applying to improve the picture?**
No. Lenders are looking at consistent, genuine trading revenue — not one-off injections. Moving a large sum into the business account just before an Open Banking read will not create the picture of consistent trading that the assessment is looking for. The bank statement analysis covers patterns over time, not peak balances. What helps is genuine consistent trading: invoices raised and paid, payroll run, suppliers paid — on a recurring pattern over months.
**What if the company's accounts are in a loss-making period?**
A loss-making period in the filed accounts is a factor, but the assessment is primarily driven by current cash flow — what is happening in the business bank account right now, over the last 3 months. A company that had a loss year in 2024 but has since recovered and is generating strong consistent monthly receipts may still pass the affordability assessment. The current trading picture, as shown through Open Banking, matters more than historic filed accounts.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/can-a-holding-company-borrow/
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# Can a holding company borrow?
Whether a UK holding company can apply for business finance — what trading evidence is required, whether the operating subsidiary can borrow instead, and how Credicorp assesses group structures.
**Site:** [creditcorp.co.uk/learn/can-a-holding-company-borrow/](https://creditcorp.co.uk/learn/can-a-holding-company-borrow/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- The core question: where is the trading activity?
- When a holding company can borrow
- Which company should apply?
- Holding company borrowing questions
- Related guides
- Right entity, right application.
## Step-by-step guide
**Step 1: Identify which company in the group has the trading activity and cash flow**
Look at the group structure and identify which entity has: (1) its own business bank account with consistent turnover, (2) its own Companies House registration and trading history, and (3) a clear business need for the finance. That is the entity that should apply. If that is the operating subsidiary rather than the holding company, the subsidiary applies.
**Step 2: Check whether the applicant company meets the basic criteria**
The borrowing company must be: a UK limited company, LLP, or PLC (not a sole trader or partnership); at least a few months old with trading history; able to demonstrate cash flow via Open Banking; and have no outstanding CCJs that cannot be explained. Read what you need to apply and how affordability is assessed for the full criteria.
**Step 3: Apply through the operating company, not the holding company**
If the trading activity and banking are in an operating subsidiary, apply at credicorp.co.uk through that subsidiary. The subsidiary is its own legal entity — it can apply and borrow in its own name without involving the holding company in the application. This is usually the simpler and faster route for group structures.
**Step 4: If the holding company does have trading income, apply with its own banking data**
If the holding company genuinely has its own trading income, its own business bank account, and consistent cash flow — not just dividend receipts from subsidiaries — it can apply. The Open Banking read will cover 3 months of the holding company's own banking. Apply at credicorp.co.uk with the holding company's details.
## Frequently asked questions
**Can a holding company apply for a business loan?**
It depends on whether the holding company has its own trading activity and its own business bank account with consistent cash flow. Short-term business lenders — including Credicorp — assess affordability based on the company applying, not the group as a whole. If the holding company has no trading income of its own (it simply holds shares in operating subsidiaries), it will typically not pass the affordability assessment because there is no cash flow to repay the loan from.
**What if the trading activity is in a subsidiary?**
If the trading activity and cash flow are in an operating subsidiary rather than the holding company, the subsidiary is the right entity to apply. The subsidiary has its own Companies House registration number, its own business bank account, and its own trading history — all of which are assessed in the application. The holding company does not need to be involved in the application.
**Does Credicorp lend to SPVs or property holding companies?**
Credicorp is a short-term working capital and bridging loan lender for trading businesses. A special purpose vehicle (SPV) or property holding company that receives rental income may have cash flow, but the product range — Business Bridging Loan, Flex, Slice — is designed for trading companies that need to bridge a gap in working capital or fund a business need. Applications from SPVs are assessed on the same basis: is there a business bank account with consistent cash flow and a clear repayment mechanism?
**Does the size of the group matter?**
Credicorp assesses the company that is applying, not the group. A large group structure does not guarantee approval for a holding company with no direct trading income; a small operating subsidiary with strong cash flow and clean credit is assessed positively on its own merits. The group context may be informative, but the affordability assessment is at the company level.
**Can the holding company provide a personal guarantee to support a subsidiary's application?**
Credicorp products do not require a personal guarantee from the director, and the product structure does not use inter-company guarantees as a substitute for the applicant company's own affordability. If the trading subsidiary can support the application on its own merits — its own banking, credit record, and trading history — no guarantee is needed.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/can-a-company-borrow-again/
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# Can a company borrow again after repaying?
How repeat borrowing works with Credicorp — whether a company that has repaid a loan can borrow again, what a second application involves, and how repayment history helps.
**Site:** [creditcorp.co.uk/learn/can-a-company-borrow-again/](https://creditcorp.co.uk/learn/can-a-company-borrow-again/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- Repeat use of the Business Bridging Loan
- The Flex facility: draw, repay, draw again
- How a good repayment record helps
- How to apply for a repeat facility
- Repeat borrowing questions
- Related guides
- Ready to borrow again? Apply today.
## Step-by-step guide
**Step 1: Confirm the previous facility is fully repaid**
Before applying for a new facility, ensure the previous Bridging Loan is repaid in full — principal, interest, and any fees — and that the company has received confirmation of closure. For a Flex facility that remains open, there is nothing to close; draw down directly against the existing limit.
**Step 2: Assess the new need and the right product**
Is the new need the same type as before — a specific short-term lump sum (Bridging Loan), a recurring draw-and-repay need (Flex), or an invoice-backed gap (Slice)? Match the product to the need rather than defaulting to the same product as last time. The need may have changed.
**Step 3: Check the company's current credit and banking position**
Run a fresh business credit report on the company before applying. Confirm Companies House filings are current. Ensure the last 3 months of trading through the business bank account are visible and in good order — this is what Open Banking will show the lender. Address any gaps or issues before applying.
**Step 4: Apply at credicorp.co.uk**
Apply at credicorp.co.uk with the same Open Banking consent process as the first application. The previous repayment record with Credicorp is already held — the new application adds the updated banking and credit picture. Same-day decisions apply. This site is the brand front door and does not take applications.
## Frequently asked questions
**Can a company borrow from Credicorp again after repaying?**
Yes. Repaying a Credicorp facility in full does not prevent future borrowing — it strengthens the case for it. A company with a clean repayment history with Credicorp has demonstrated that it can borrow responsibly and repay on time. Subsequent applications go through the same affordability assessment, but a positive track record with the lender is a significant advantage. Apply at credicorp.co.uk when you need the next facility.
**Do I need to reapply, or does my account stay open?**
This depends on the product type. With Credicorp's Flex revolving credit facility, the limit stays open once established — the company draws down and repays without reapplying each time, as long as the facility remains active. With the Business Bridging Loan (a fixed-term lump sum), the loan closes on repayment. If the company wants to borrow again, it applies for a new Bridging Loan. The application process is the same but a positive prior repayment history is taken into account in the assessment.
**How quickly can a company borrow again after fully repaying?**
There is no mandatory waiting period between a Bridging Loan repayment and a new application. A company that has repaid in full can apply for a new facility as soon as its next need arises. The same day-decision timeline applies to repeat applications as to first applications. The affordability assessment looks at the company's current position at the point of application — including its repayment history.
**Does the lender look at more or less on a repeat application?**
The core affordability assessment — Open Banking read of the company's banking, company credit bureau, Companies House filing check — runs on every application. On a repeat application, the company's previous borrowing and repayment history with Credicorp is also visible to the assessor. A clean on-time repayment record on the prior facility is a positive input. A late or arrears history is a negative one. In that sense, the lender has more data on repeat applications, not less.
**Can the company borrow a larger amount the second time?**
This depends on the affordability assessment at the time of the new application, not on the amount borrowed previously. A company's capacity to borrow is based on its current trading position, cash flow, and credit standing — not a fixed limit tied to its first borrowing. A company that has grown between applications, has a better banking picture, or a stronger credit record may be assessed as able to borrow more. A company in a weaker position than before may be assessed as able to borrow less.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/business-lending-for-seasonal-businesses/
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# Business lending for seasonal businesses
How seasonal UK limited companies use short-term business credit to bridge the pre-peak trough — timing the draw, managing the cost, and repaying from peak cash flow.
**Site:** [creditcorp.co.uk/learn/business-lending-for-seasonal-businesses/](https://creditcorp.co.uk/learn/business-lending-for-seasonal-businesses/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- The seasonal business cash-flow problem
- How different seasonal businesses use it
- Five steps to use short-term credit for a seasonal business
- Seasonal business finance questions
- Peak season approaching?
## Step-by-step guide
**Step 1: Map the cash flow calendar**
Write down when the company's peak revenue arrives — the actual months when cash lands in the account. Then map backwards: when does stock need to be ordered? When are staff hired or seasonal contracts signed? When are deposits required? This is the pre-peak funding window — the period during which the company needs the credit before the revenue arrives.
**Step 2: Size the draw to the pre-peak funding need**
Calculate the total cash required during the pre-peak window: stock purchase, seasonal staffing, advance deposits, marketing. Then ask: what is the minimum amount that covers these obligations? Borrow the minimum needed, not the maximum available. The cost starts immediately on drawdown — borrowing more than needed wastes money on interest.
**Step 3: Set the term to match the repayment trigger**
The term should cover the gap between drawdown and the date the peak revenue is expected to clear. If the peak cash lands in the account by a predictable date, set the term to that date plus a short buffer. For a Credicorp Business Bridging Loan, the maximum term is 84 days — time from draw to peak landing must fit within this.
**Step 4: Stress-test the repayment against a conservative peak**
Before applying, calculate whether the company can repay from a peak that is 20-30% below expectation. If the answer is no, reduce the draw amount until the conservative-peak scenario also works. The credit should be sized to a reliable floor, not an optimistic ceiling.
**Step 5: Apply at credicorp.co.uk and draw at the optimal timing**
Apply at credicorp.co.uk once the company has at least three months of bank statement history (including ideally a prior peak period). Decisions are typically same working day. Draw when the pre-peak funding is needed — not too early (cost accrues from day one) and not so late that cash flow is already squeezed. Repay as soon as peak revenue lands.
## Frequently asked questions
**Why do seasonal businesses need short-term credit?**
Seasonal businesses have uneven cash flow — high revenue in peak periods, lower or near-zero revenue in quiet periods. Suppliers, wages and fixed costs do not pause during the quiet period. Stock and staffing for the next peak must be committed and paid for before the peak revenue arrives. Short-term business credit bridges this gap: the company borrows pre-peak, uses the credit to fund the preparation, and repays from the peak revenue it generates.
**What types of seasonal businesses use this model?**
Any limited company with a predictable seasonal cash flow pattern. Common examples include: hospitality and accommodation (summer and/or Christmas peaks); retail (Christmas, Mother's Day, Black Friday peaks); tourism and leisure (school holiday dependent); outdoor events and festivals (summer season); garden centres and horticultural suppliers (spring planting season); and construction companies that cannot start external works in winter (weather-dependent seasonality).
**How should the repayment term be set for a seasonal business?**
The term should match the time from draw to peak revenue realisation. If you draw in October to stock up for Christmas, and the peak revenue lands in December and January, the term needs to cover that gap — typically 60 to 90 days. For Credicorp Business Bridging Loan, the maximum term is 84 days. If the peak revenue is further ahead than 84 days, the Credicorp Bridging Loan may not be the right product — or the timing of the draw may need to be adjusted.
**What if the peak season underperforms?**
Seasonality introduces forecasting risk — the peak may be smaller than expected. Before drawing, the company should consider the worst-case scenario: if revenue is 20-30% below expectation, can it still service the repayment? Short-term credit should be sized to a confident, conservative peak estimate, not an optimistic one. If affordability is uncertain, the amount borrowed should be sized to what a conservative peak would support.
**Can a Flex revolving facility help with seasonal businesses?**
Yes, particularly for businesses with multiple smaller peaks across the year rather than one dominant peak. Credicorp Flex allows the company to draw against the limit, repay from each peak, and draw again for the next preparatory period — without needing to re-apply each time. This is more efficient than taking a series of individual Bridging Loans if the pattern repeats across the year.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/learn/why-sole-traders-cant-borrow/
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# Why sole traders can't borrow from Credicorp
Credicorp lends only to UK limited companies, LLPs and PLCs — not to sole traders or partnerships. This guide explains the Article 60B requirement and how to incorporate to qualify.
**Site:** [creditcorp.co.uk/learn/why-sole-traders-cant-borrow/](https://creditcorp.co.uk/learn/why-sole-traders-cant-borrow/)
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).
## Contents
- The core rule: the borrower must be a body corporate
- What counts as a body corporate?
- How to become eligible: incorporating as a limited company
- Eligibility questions
- Already a limited company?
## Step-by-step guide
**Step 1: Check your trading structure**
Confirm whether you currently trade as a sole trader, partnership, LLP or limited company. Check your HMRC registration and Companies House record. If you are registered at Companies House as a limited company or LLP you are a body corporate and can apply for Credicorp products. If you trade under your own name as a sole trader, or as an ordinary partnership, you are not currently eligible.
**Step 2: Decide whether to incorporate**
Incorporating as a UK private limited company (Ltd) costs £50 online at Companies House and takes under 24 hours. You become the director. The company is a separate legal entity that can open its own bank account, register for VAT if needed, and build its own credit profile. Consider the tax and administrative implications — a sole trader moving to Ltd has different PAYE, corporation tax and filing obligations.
**Step 3: Open a dedicated business bank account in the company's name**
Once incorporated, the company must have its own bank account. Do not use a personal account or a sole trader account. Business bank accounts at providers like Starling, Monzo Business, Tide, or the major high street banks can be opened online in days. All trading income and expenditure should flow through the company account — this is what a lender will assess.
**Step 4: Build at least three to six months of company trading history**
Most short-term lenders, including Credicorp, require three to six months of bank statements showing the company's trading activity. In the first months of trading, establish a consistent pattern of income and outgoings. Keep Companies House filings current — confirmation statements and accounts — as these feed the bureau record.
**Step 5: Apply at credicorp.co.uk once the company is established**
Once the limited company has three to six months of trading history under its belt, apply at credicorp.co.uk. The assessment looks at company bank statements (via Open Banking or PDF upload), Companies House data and business credit bureau data. There is no personal credit check and no personal guarantee required.
## Frequently asked questions
**Why can't a sole trader borrow from Credicorp?**
Credicorp's products are designed exclusively for bodies corporate — UK limited companies (Ltd), limited liability partnerships (LLPs) and public limited companies (PLCs). Under Article 60B of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, lending to a body corporate falls outside regulated consumer credit, which allows Credicorp to operate without FCA consumer credit authorisation. A sole trader is a natural person, not a body corporate, so lending to them would be regulated consumer credit — a different regulatory regime that Credicorp does not operate under.
**What about a partnership?**
An ordinary partnership (two or more individuals trading together) is also not a body corporate — it has no separate legal personality distinct from its partners. Lending to an ordinary partnership would therefore also fall outside the Article 60B exemption. A limited liability partnership (LLP) incorporated at Companies House is a body corporate with separate legal personality and does qualify.
**Can I incorporate my sole tradership to become eligible?**
Yes. Incorporating as a UK limited company (Ltd) at Companies House creates a separate legal entity — a body corporate — that can apply for Credicorp products. You would become the director and typically the sole shareholder. The company would need to have a separate business bank account, generate its own transaction history, and build its own Companies House and bureau record. Most lenders require at least three to six months of trading history in the company's name.
**Is there anything a sole trader can do right now?**
Credicorp's products are not available to sole traders, regardless of turnover or creditworthiness. If you are currently a sole trader and need working capital now, you would need to look at consumer credit products (subject to FCA regulation) or at lenders who do accept sole traders. Credicorp cannot point to specific alternatives — the right course depends on your circumstances and you may wish to take independent financial advice.
**Does "no personal guarantee" apply to the director of a limited company?**
Yes. When a limited company borrows from Credicorp, the company is the sole borrower. The director is not a party to the agreement, provides no personal guarantee, and has no personal liability for the company's debt under the facility. This is the commercial benefit of incorporated status — the company and its director are separate legal persons.
## About Creditcorp / Credicorp
Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.
- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)
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# PAGE: https://corp.creditcorp.co.uk/compare/
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# Honest comparisons, not a sales pitch.
Credicorp finance isn't the only way to cover a cash-flow gap, and it isn't always the right one. These guides put a Credicorp product next to the alternative a director might weigh it against — and say plainly when the other route wins. Throughout, **the company borrows, never you personally**.
Most funding decisions come down to a choice between two things that look alike on the surface. A bridging loan or the overdraft? A credit facility or the company card? Slice a supplier bill, or borrow against the invoices you're owed?
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It offers three products — a **Business Bridging Loan**, the revolving **Credicorp Flex** facility, and **Credicorp Slice** for spreading a supplier bill. It does not offer overdrafts, credit cards or invoice finance. So rather than pretend those don't exist, these pages compare each Credicorp product to its nearest alternative and are straight about which one we offer, which we don't, and when the other is the better fit.
This is a guide, not an application. When you're ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director.
## Three comparisons to weigh up
Each pairs one Credicorp product with the alternative directors most often consider against it. The Credicorp product is on the left; the other option is not something Credicorp offers.
### Bridging Loan vs overdraft
A fixed-term lump sum against an on-demand buffer on the current account. Availability, cost shape, flexibility — and when an overdraft is the better tool.
### Flex vs business credit card
Two revolving routes side by side — limits, how interest is charged, repayment, and the company-as-borrower point a card rarely matches.
### Slice vs invoice finance
Paying a supplier bill in instalments versus borrowing against money owed to you. They pull cash flow in opposite directions — here's when each fits.
## More comparisons
Additional even-handed comparisons for directors weighing up their options.
### Bridging Loan vs an SME term loan
A short bridging loan against a longer SME term loan — term length, cost shape, repayment structure and what each is for.
### Flex vs a business overdraft
The revolving Flex facility against a business overdraft — availability, cost, flexibility and when each product wins.
### Short-term loan vs a merchant cash advance
A fixed-term company loan against a merchant cash advance repaid as a percentage of card takings — repayment mechanics, cost, eligibility.
### The three Credicorp products compared
The Business Bridging Loan, Credicorp Flex and Credicorp Slice side by side — what each is, the terms and when each fits.
## What Credicorp actually offers
So you know what's on the table before you read a comparison. There are three products, and only three.
- **Business Bridging Loan** — a single lump sum repaid over a short, fixed term. Good when you know the figure and roughly when you can clear it.
- **Credicorp Flex** — a revolving facility you draw on, repay and draw again, paying interest only on what you've actually drawn.
- **Credicorp Slice** — pays a supplier bill in full today and lets the company repay over a few weeks for a flat fee.
Overdrafts, credit cards and invoice finance are **not** Credicorp products — they belong to banks and specialist providers, and each comparison says so plainly. The full detail on the three Credicorp products sits on the [products page](/products/), and the lender lays all three out side by side at [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
Once you've weighed it up, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/compare/bridging-loan-vs-overdraft/
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# Bridging Loan vs a business overdraft.
Both cover a cash-flow gap, but they are different shapes of money. One is a fixed sum for a fixed job; the other is a buffer that sits on your current account. Credicorp offers the Bridging Loan — not the overdraft. Here's how the two compare, and when the overdraft is the better tool.
An overdraft is the borrowing most directors reach for first, because it's already sitting on the business account. A Business Bridging Loan is a different idea — a planned, finite sum for a job you can name. The right choice depends on whether your gap is predictable or not.
Credicorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. To be clear from the outset: **Credicorp offers the Business Bridging Loan; it does not offer overdrafts.** An overdraft is a feature of a business current account and comes from your bank. This page is a guide, not an application — when you're ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## Side by side
The Credicorp figures are the lender's published terms and can change — check the live product page before you apply. Overdraft terms vary by bank, so treat that column as a general picture, not a quote.
| | Business Bridging Loan (Credicorp) | Business overdraft (your bank — not Credicorp) |
| --- | --- | --- |
| Shape | One agreed lump sum | An on-demand buffer on the current account |
| Amount | £50 – £500 | An arranged limit set by the bank |
| Pricing | 0.25% per day on the outstanding principal | Interest on the overdrawn balance, often plus an arrangement or usage fee |
| Term | 14 – 84 days, fixed up front | Open-ended; typically reviewed and renewable by the bank |
| Cost is known up front | Yes — fixed sum, fixed term | No — depends on how much and how long you're overdrawn |
| Cost cap | Total cost never exceeds 100% of the principal | No standard cap; set by the bank |
| Best for | A known, one-off cost with a clear repayment in view | An unpredictable buffer against the odd dip into the red |
| Can be withdrawn at short notice | No — the term is fixed once signed | Yes — banks can reduce or remove an overdraft on review |
| Personal guarantee | None | Often required by the bank — check your terms |
| Borrower | The company | The company (the account holder) |
## Where they really differ
Three differences matter more than the rest: how you get the money, how the cost behaves, and how secure the facility is.
### Availability — planned versus always-there
An overdraft's appeal is that it's already there: no fresh application each time, just a buffer you dip into when the balance runs low. A Bridging Loan is the opposite — you apply for a specific amount when you need it. That sounds like more effort, and it is, but it buys you certainty: the money is committed for the term, and it can't be pulled the way a bank can trim or withdraw an overdraft on a review.
### Cost shape — fixed versus ticking
With a Bridging Loan you know the cost on day one: 0.25% per day on the principal, over a term you set, with the total capped at 100% of what you borrowed. An overdraft charges on whatever you happen to be overdrawn by, for as long as you're in the red — often with an arrangement or usage fee on top. If you can predict the gap, the loan is easy to budget. If you can't, the overdraft only charges you when you actually use it.
### Flexibility — finite versus open-ended
The overdraft wins on pure flexibility for small, unpredictable dips: nothing to repay on a schedule, nothing owed when you're back in credit. The Bridging Loan wins when the need is a defined chunk with a defined payback — you're not relying on the bank's goodwill, and the company gives no personal guarantee in the process.
## When each one wins
Neither is better in the abstract. It comes down to whether your gap is a known job or an unpredictable wobble.
### An overdraft fits better when…
The need is small and unpredictable, you bank somewhere that will arrange one, and you want a buffer that charges only on the days you're actually in the red. For the odd dip, that flexibility is hard to beat.
### A Bridging Loan fits better when…
The gap is one-off and you can name the figure — a stock order, a deposit, a repair. You want the cost fixed and visible, and you'd rather not depend on a bank renewing a facility it can withdraw.
## The company borrows — not you
This is one place the two genuinely part company. A business overdraft frequently comes with a director's personal guarantee attached — the bank wants a name behind the buffer. The Credicorp Bridging Loan is the other way round: the agreement is between Credicorp Limited and your **company**, so the finance doesn't add to what's pinned to your own name.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for working capital.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
An illustration, not a real customer — just to show the shape of the choice.
A trading company has a £400 supplier deposit due this week to lock in a confirmed order, and the cash that clears it lands in about six weeks when the customer pays. The director already has a small arranged overdraft on the business account, but it's earmarked for the usual month-end wobble and wouldn't comfortably stretch to the deposit on top.
Because this gap is one-off, has a known figure and a clear repayment in view, a fixed-term Business Bridging Loan fits it cleanly: a set sum over a set term, with the cost visible up front and the overdraft left free for its day-to-day job. The agreement is with the company, so the director gives no personal guarantee. Had the need instead been a string of small, unpredictable dips with no clear figure, leaning on the overdraft would have been the more sensible call.
## Common questions
The questions directors ask when weighing the two. For anything specific to your business, the lender's team are at credicorp.co.uk.
No. Credicorp offers three products — a Business Bridging Loan, the revolving Credicorp Flex facility and Credicorp Slice — and an overdraft is none of them. An overdraft is a feature of a business current account, so it comes from your bank, not from Credicorp. If a flexible buffer on your account is what you really want, an arranged overdraft from your bank may suit you better, and this page is meant to help you see that clearly.
Shape. A Business Bridging Loan is a single lump sum, agreed up front, repaid over a short fixed term — you know the amount, the term and the cost on day one. An overdraft is an on-demand buffer attached to your current account: it sits there unused until you dip below zero, then charges you on whatever you are overdrawn by, for as long as you are overdrawn. One is a planned, finite borrowing; the other is an open-ended safety net.
When the need is unpredictable and small, and you already bank somewhere that will arrange one. An overdraft shines as a buffer against the odd day you dip into the red — you pay only while you are overdrawn, and nothing when you are not. If you cannot say in advance how much you will need or when, that flexibility is genuinely useful. A bridging loan, by contrast, suits a known cost with a known repayment in view.
When the gap is one-off and you can name the figure — a confirmed stock order, a supplier deposit, a repair you cannot trade without. You borrow a set amount over a set term, so the cost is fixed and visible rather than ticking on an unpredictable balance. It is also a route that does not depend on your bank agreeing to extend or renew an overdraft facility, which banks can withdraw.
Not with Credicorp. The Business Bridging Loan agreement is between Credicorp Limited and your company — a UK limited company, LLP or PLC — so there is no personal guarantee, no charge over a home and no personal credit check on a director. Business overdrafts, by contrast, frequently come with a director's personal guarantee attached; worth checking your bank's terms before you assume the two are alike on that point.
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the [FAQ](/faq/), and the whole journey is on the [how-it-works overview](/how-it-works/).
## Other comparisons
If you're weighing a revolving option or a supplier bill instead, these may help.
- [Credicorp Flex vs a business credit card](/compare/flex-vs-credit-card/) — two revolving routes, side by side.
- [Credicorp Slice vs invoice finance](/compare/slice-vs-invoice-finance/) — paying a supplier bill versus borrowing against money owed to you.
Or see all three Credicorp products on the [products page](/products/), and compare them on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
If the Bridging Loan is the right fit, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/compare/bridging-loan-vs-term-loan/
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# Bridging Loan vs an SME term loan.
Both put a lump sum into the business, but over very different stretches of time. One is settled in weeks; the other runs for years. Credicorp offers the short Business Bridging Loan — not the term loan. Here's how the two compare, and when a longer term loan is the better tool.
The cleanest way to choose between these two is to ask how long the need lasts. A Business Bridging Loan is built for a gap measured in weeks; an SME term loan is built for an investment measured in years. Match the length of the borrowing to the life of the thing you're funding.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. To be clear from the outset: **Credicorp offers the short Business Bridging Loan; it does not offer longer-term loans.** A term loan is a multi-year repayment loan from a bank or an SME term lender. This page is a guide, not an application — when you're ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## Side by side
The Credicorp figures are the lender's published terms and can change — check the live product page before you apply. Term-loan terms vary widely by lender, so treat that column as a general picture, not a quote.
| | Business Bridging Loan (Credicorp) | SME term loan (a bank or term lender — not Credicorp) |
| --- | --- | --- |
| Purpose | A short gap you can see the end of | A larger, longer-lived investment |
| Amount | £50 – £500 | Typically much larger, set by the lender |
| Term | 14 – 84 days, fixed up front | Usually one to five years or more |
| Repayment | Settled within the short fixed term | Regular monthly instalments over years |
| Pricing | 0.25% per day on the outstanding principal | An annual interest rate over the life of the loan |
| Set-up fee | £5 | An arrangement fee, often a percentage of the sum |
| Cost cap | Total cost never exceeds 100% of the principal | No standard cap; set by the lender |
| Best for | A known, short-term cost with a clear repayment in view | A major asset or investment that pays back over years |
| Personal guarantee | None | Often required, and larger loans are often secured |
| Borrower | The company | The company (often with a director's guarantee) |
## Where they really differ
Three things separate them: how long you borrow for, how the cost behaves over that time, and what each is actually built to fund.
### Term length — weeks versus years
This is the heart of it. A Bridging Loan runs for 14 to 84 days and is gone by the end of the quarter; a term loan runs for years, with the debt on the balance sheet for the long haul. Borrowing short for a short need keeps you out of long commitments you don't want; borrowing long for a long need keeps each repayment affordable. The mistake to avoid is using one where the other fits.
### Cost shape — a short sprint versus a long road
The Bridging Loan charges 0.25% per day on the principal, with a £5 fee and the total capped at 100% of what you borrow — easy to total up because the term is short. A term loan quotes an annual rate, and because the money is out for years, the absolute interest can be much larger even at a lower headline rate. Neither is "cheaper" in the abstract: short borrowing suits a short need, long borrowing a long one.
### What each is for — bridging versus building
A bridge covers a temporary gap: stock, a deposit, a repair, a few weeks until a customer pays. A term loan builds something lasting: new premises, a major machine, an acquisition. Try to bridge a multi-year purchase and the term is far too short; try to fund a two-week gap with a five-year loan and you're paying interest long after the need has passed.
## When each one wins
Neither is better in the abstract. It comes down to whether your need lasts weeks or years.
### A term loan fits better when…
The sum is large and the payback is long — new premises, a major asset, an acquisition. Spreading the cost over years keeps each repayment manageable, which a short bridge simply cannot do. For a long-lived investment, a term loan is the right shape.
### A Bridging Loan fits better when…
The gap is short and you can name the figure — a stock order, a deposit, a repair, a few weeks until a customer pays. You want a modest set amount settled within weeks, the cost fixed and capped, and no multi-year commitment for a need that lasts only days.
## The company borrows — not you
This is one place the two genuinely part company. SME term loans frequently come with a director's personal guarantee, and larger facilities are often secured against company or personal assets. The Credicorp Bridging Loan is the other way round: the agreement is between Credicorp Limited and your **company**, so the finance doesn't add to what's pinned to your own name.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for working capital.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
An illustration, not a real customer — just to show the shape of the choice.
A trading company has two quite different needs in the same quarter. The first is a £400 supplier deposit to lock in a confirmed order, with the cash that clears it landing in about six weeks when the customer pays. The second is a plan to fit out a second unit — a far larger cost the company expects to recoup gradually over several years of extra trade.
The two needs want different tools. The short deposit fits a fixed-term Business Bridging Loan cleanly: a set sum over a set term of up to 84 days, the cost visible up front, settled when the customer pays — and no personal guarantee, because the agreement is with the company. The fit-out, by contrast, is a long-lived investment with a multi-year payback, so a longer SME term loan that spreads the cost over years would be the sensible call there. Reaching for a short bridge to fund the fit-out would leave too much to repay too soon.
## Common questions
The questions directors ask when weighing the two. For anything specific to your business, the lender's team are at credicorp.co.uk.
No. Credicorp offers three products — a Business Bridging Loan, the revolving Credicorp Flex facility and Credicorp Slice — and a multi-year term loan is none of them. A term loan is a longer repayment loan, usually spread over one to five years or more, and it comes from a bank or an SME term lender, not from Credicorp. If what your company needs is a large sum repaid slowly over years, a term loan may suit you better, and this page is meant to help you see that clearly.
Term. A Business Bridging Loan is short by design — £50 to £500, repaid over a fixed window of 14 to 84 days. A term loan stretches the same idea over years, with monthly repayments and, usually, a much larger sum. One bridges a gap you can see the end of in weeks; the other funds something whose payback runs over the medium term. Match the length of the borrowing to the life of the need, and the right answer tends to be obvious.
When the need is large and long-lived — buying a major asset, fitting out new premises, an acquisition or any investment that pays back gradually over years rather than weeks. Spreading a big cost over a long term keeps each monthly repayment smaller, which a 14-to-84-day bridge cannot do. If you are funding something with a multi-year payback, a term loan is the right shape and a short bridge would simply be the wrong tool.
When the gap is short and you can see the other side of it — a confirmed stock order, a supplier deposit, a repair you cannot trade without, or covering a few weeks until a customer pays. You borrow a modest set amount over a set term of up to 84 days, with the cost fixed and capped, and you are not signing up to years of monthly repayments for a need that lasts only weeks.
They are priced on different clocks, so a headline rate does not compare cleanly. The Bridging Loan charges 0.25% per day on the outstanding principal over a short term, with a £5 fee and the total cost capped at 100% of what you borrow. A term loan usually quotes an annual rate over years, so the absolute pounds of interest can be far larger simply because the money is borrowed for far longer. Short borrowing for a short need is generally the cheaper way to cover a brief gap; a long need borrowed short would be a poor fit.
Not with Credicorp. The Business Bridging Loan agreement is between Credicorp Limited and your company — a UK limited company, LLP or PLC — so there is no personal guarantee, no charge over a home and no personal credit check on a director. SME term loans, by contrast, frequently come with a director's personal guarantee, and larger facilities are often secured; worth checking the lender's terms before you assume the two are alike on that point.
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the [FAQ](/faq/), and the whole journey is on the [how-it-works overview](/how-it-works/).
## Other comparisons
If you're weighing a buffer on the account or a revolving option instead, these may help.
- [Business Bridging Loan vs a business overdraft](/compare/bridging-loan-vs-overdraft/) — a fixed-term lump sum against an on-demand buffer.
- [Credicorp Flex vs a business overdraft](/compare/flex-vs-overdraft/) — a revolving facility against an account buffer.
- [The three Credicorp products, side by side](/compare/the-three-products/) — Bridging Loan vs Flex vs Slice.
Or see all three Credicorp products on the [products page](/products/), and compare them on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
If the Bridging Loan is the right fit, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/compare/flex-vs-credit-card/
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# Credicorp Flex vs a business credit card.
Both are revolving — a limit you use, repay and use again. But one draws cash into your bank account, and the other is a card you spend at the till. Credicorp offers Flex — not a card. Here's how they compare, and when a business credit card is the better tool.
On paper, a revolving facility and a credit card do the same job: a limit you draw against, repay, and draw against again. The differences are in how you actually use the money, how the cost behaves, and whose name the borrowing sits against.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. To be clear from the outset: **Credicorp offers Credicorp Flex; it does not issue business credit cards.** Flex draws funds into your business bank account; a card is a payment instrument from a bank or card provider. This page is a guide, not an application — when you're ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## Side by side
The Credicorp figures are the lender's published terms and can change — check the live product page before you apply. Credit card terms vary by provider, so treat that column as a general picture, not a quote.
| | Credicorp Flex (Credicorp) | Business credit card (a bank or card provider — not Credicorp) |
| --- | --- | --- |
| Shape | A revolving facility, drawn to your bank account | A revolving card, spent at the point of sale |
| Limit | £50 – £500 | A credit limit set by the provider |
| How you use it | Draw cash into the company's account | Pay suppliers and bills by card |
| Pricing | 0.25% per day on the drawn balance only | Monthly purchase rate; cash withdrawals charged separately and more |
| Interest-free window | None — charged from drawdown | Often yes, if you clear the statement in full |
| Cost cap | 100% per drawing | No standard cap; set by the provider |
| Repayment | Min 10% of the drawn balance or £20, whichever is greater, each 14-day cycle | A minimum monthly payment, or clear the balance to avoid interest |
| Extras | None — it's a funding facility, not a card | Expense tracking, sometimes rewards or purchase protection |
| Personal guarantee | None | Often required, or reports to the director's file — check terms |
| Borrower | The company | The company (though often guaranteed by a director) |
## Where they really differ
They look alike until you ask three questions: how do you use it, how does the cost behave, and whose name is on the borrowing?
### How you use it — cash versus card
This is the cleanest difference. Flex puts money into your business bank account, ready to pay anything — a wage run, a supplier on bank transfer, a bill that won't take a card. A credit card is a payment instrument: superb for paying suppliers who accept cards and for tracking spend, but awkward or expensive the moment you need actual cash, because card cash withdrawals carry their own, steeper charges.
### Cost shape — per-day versus statement
Flex charges 0.25% per day on what you've drawn, with the cost per drawing capped at 100%. A card, used well, can be cheaper still: clear the statement inside the interest-free window and the borrowing itself costs nothing. Carry a balance, though, and the card's monthly rate compounds — and the gap can run the other way. Flex is predictable while you hold a balance; the card rewards paying it off fast.
### Whose name it's against
Many business credit cards lean on a director — a personal guarantee, or reporting to the director's personal credit file, even in the company's name. Flex doesn't: the facility is to the company, with no personal guarantee. If keeping the borrowing off your own name matters, that's the difference that counts.
## When each one wins
Neither is better in the abstract. It comes down to whether you need cash in the account or a card to spend — and whether you clear the balance each month.
### A business credit card fits better when…
You spend at the point of sale, pay suppliers who take cards, and clear the statement in full each month. Used that way it can be near-free for the borrowing, and the expense tracking and protections are a bonus.
### Credicorp Flex fits better when…
You need cash in the business account rather than a card, you'll carry a balance across cycles, and you want a facility to the company with no personal guarantee and a predictable, capped cost on what you draw.
## The company borrows — not you
It's easy to assume a card "in the company's name" keeps the director out of it. Often it doesn't — many business cards still want a personal guarantee, or they report to the director's own credit file. Credicorp Flex is the other way round: the facility agreement is between Credicorp Limited and your **company**, so the borrowing doesn't add to what's pinned to your own name.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a working facility.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
An illustration, not a real customer — just to show the shape of the choice.
A company has uneven cash needs that rise and fall through the month: a wage run that has to clear by bank transfer, the odd supplier who only takes a transfer, and a few card-friendly costs in between. The director already keeps a business credit card for travel and online suppliers and clears it in full each month, so for those purchases the card is close to free and worth keeping.
What the card can't do well is provide cash in the account for the wage run — card cash withdrawals are expensive, and the timing is awkward. A Credicorp Flex facility fits that gap: the company draws what it needs into the account, pays only 0.25% per day on the drawn amount, and repays over the cycle, with no personal guarantee. The two end up complementary — the card for point-of-sale spend cleared monthly, Flex for cash drawn when the account needs it.
## Common questions
The questions directors ask when weighing the two. For anything specific to your business, the lender's team are at credicorp.co.uk.
No. Flex is a revolving credit facility — a limit the company can draw against, repay and draw again — but there is no card. Credicorp does not issue credit cards. You draw funds to your business bank account rather than tapping a card at a terminal. If what you actually need is a card to pay at the point of sale, a business credit card from your bank or a card provider is the right tool, and this page is meant to make that distinction clear.
Flex charges 0.25% per day on the drawn balance only — undrawn credit costs nothing, and the total cost per drawing is capped at 100%. A business credit card charges a monthly purchase rate, usually with an interest-free window if you clear the statement in full, but a much higher effective rate if you carry a balance, plus separate, often steep, charges for cash withdrawals. Flex has no interest-free window; the card has no per-day model. Which is cheaper depends entirely on how you use it.
When you spend at the point of sale and clear the balance in full each month. Used that way, a card can be close to free for the borrowing itself, and it adds conveniences a facility doesn't — paying suppliers directly, expense tracking, sometimes cashback or rewards, and purchase protections. If you reliably pay it off and want a payment instrument, the card is hard to beat. Flex is built for drawing cash into the account, not tapping at a till.
When you need cash in the business bank account rather than a card to spend, and you want the cost to behave predictably while you carry a balance. Flex charges only on what you've drawn, caps the cost per drawing, and — crucially — is a facility to the company with no personal guarantee. It suits uneven, recurring cash needs that you draw down and repay in cycles, rather than card-style point-of-sale spending.
Very often, yes. Many business credit cards carry a director's personal guarantee or report to the director's personal credit file, even when the card is in the company's name. Credicorp Flex does not: the facility agreement is between Credicorp Limited and your company, with no personal guarantee, no charge over a home and no personal credit check on a director. If keeping the borrowing off your own name matters, that is a real difference — but always read your card provider's terms.
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the [FAQ](/faq/), and the whole journey is on the [how-it-works overview](/how-it-works/).
## Other comparisons
If you're weighing a one-off sum or a supplier bill instead, these may help.
- [Business Bridging Loan vs a business overdraft](/compare/bridging-loan-vs-overdraft/) — a fixed-term lump sum against an on-demand buffer.
- [Credicorp Slice vs invoice finance](/compare/slice-vs-invoice-finance/) — paying a supplier bill versus borrowing against money owed to you.
Or see all three Credicorp products on the [products page](/products/), and compare them on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
If Flex is the right fit, opening the facility, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/compare/flex-vs-overdraft/
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# Credicorp Flex vs a business overdraft.
Both are revolving — a limit you use, repay and use again. But one is a standalone facility you draw into your account, and the other is a buffer that lives on the account itself. Credicorp offers Flex — not the overdraft. Here's how they compare, and when an overdraft is the better tool.
On paper, a revolving facility and an overdraft do a similar job: a limit you dip into, clear, and dip into again. The differences are where the line lives, how the cost behaves, how secure the facility is, and whose name the borrowing sits against.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. To be clear from the outset: **Credicorp offers Credicorp Flex; it does not offer overdrafts.** An overdraft is a feature of a business current account and comes from your bank; Flex is a standalone facility you draw into your account. This page is a guide, not an application — when you're ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## Side by side
The Credicorp figures are the lender's published terms and can change — check the live product page before you apply. Overdraft terms vary by bank, so treat that column as a general picture, not a quote.
| | Credicorp Flex (Credicorp) | Business overdraft (your bank — not Credicorp) |
| --- | --- | --- |
| Shape | A standalone revolving facility, drawn to your account | A buffer that sits on the current account |
| Limit | £50 – £500 | An arranged limit set by the bank |
| How you use it | Draw funds into the company's account, then redraw | Slip below zero on the account when you need to |
| Pricing | 0.25% per day on the drawn balance only | Interest on the overdrawn balance, often plus a fee |
| Cost cap | 100% per drawing | No standard cap; set by the bank |
| Repayment | Min 10% of the drawn balance or £20, whichever is greater, each 14-day cycle | No set schedule; clear it as the balance allows |
| Tied to your bank | No — a separate facility | Yes — it's a feature of the account |
| Can be withdrawn at short notice | Its own agreement, not a current-account review | Yes — banks can reduce or remove it on review |
| Best for | Uneven, recurring cash needs you draw and repay in cycles | An unpredictable buffer against the odd dip into the red |
| Personal guarantee | None | Often required by the bank — check your terms |
| Borrower | The company | The company (the account holder) |
## Where they really differ
They look alike until you ask three questions: where does the line live, how does the cost behave, and how secure is the facility?
### Availability — standalone versus on the account
An overdraft's appeal is that it's already there on the current account: no separate facility, you simply slip below zero when the balance runs low. Flex is a standalone line — you draw funds into the account when you need them. That's a touch more deliberate, but it means the facility isn't tied to who you bank with, and it isn't a knob the bank can turn during a current-account review.
### Cost shape — drawn balance versus overdrawn balance
Flex charges 0.25% per day on what you've drawn, with the cost per drawing capped at 100%. An overdraft charges on whatever you happen to be overdrawn by, for as long as you're in the red — often with an arrangement or usage fee on top. Both only cost you when you're using them; the difference is that Flex's per-day, capped model is easy to predict, while overdraft charges and fees vary by bank.
### Security and whose name it's against
Banks can trim or withdraw an overdraft on review, and overdrafts often carry a director's personal guarantee. Flex is the other way round on both counts: it's a separate facility with its own agreement, and it's to the company with no personal guarantee. If you want a revolving line that won't be quietly trimmed and doesn't lean on your own name, that's the difference that counts.
## When each one wins
Neither is better in the abstract. It comes down to whether you want a buffer on the account or a standalone line you draw and repay.
### An overdraft fits better when…
You want a buffer that lives on the account, you bank somewhere that will arrange one, and the need is small and unpredictable. For the odd dip into the red, with nothing to draw and nothing owed when you're back in credit, that convenience is hard to beat.
### Credicorp Flex fits better when…
You want a revolving line that isn't tied to your bank and can't be trimmed on a current-account review, with a predictable, capped cost on what you draw — and a facility to the company with no personal guarantee. For uneven, recurring needs drawn and repaid in cycles, Flex is built for it.
## The company borrows — not you
This is one place the two genuinely part company. A business overdraft frequently comes with a director's personal guarantee attached — the bank wants a name behind the buffer. Credicorp Flex is the other way round: the facility agreement is between Credicorp Limited and your **company**, so the borrowing doesn't add to what's pinned to your own name.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a working facility.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
An illustration, not a real customer — just to show the shape of the choice.
A company has uneven cash needs that recur through the month: a small payment run here, a supplier there, with money coming back in a week or two later. The director keeps a modest arranged overdraft on the business account for the genuine month-end wobble, and clears it within days each time, so for that occasional small dip the overdraft does its job well.
What the overdraft is less suited to is the recurring draw-and-repay pattern — and the director would rather not lean further on a facility the bank can trim on review, or that carries a personal guarantee. A Credicorp Flex facility fits that pattern: the company draws what it needs into the account, pays only 0.25% per day on the drawn amount, repays over the cycle, and gives no personal guarantee. The two end up complementary — the overdraft for the rare small dip, Flex for the recurring cash cycles.
## Common questions
The questions directors ask when weighing the two. For anything specific to your business, the lender's team are at credicorp.co.uk.
No. Credicorp offers three products — a Business Bridging Loan, the revolving Credicorp Flex facility and Credicorp Slice — and an overdraft is none of them. An overdraft is a feature of a business current account, so it comes from your bank, not from Credicorp. Flex is the closest thing in spirit: a revolving facility you draw, repay and redraw. But if a buffer that sits on the account itself is what you want, an arranged overdraft from your bank may suit you better, and this page is meant to make that clear.
Both are revolving — a limit you use, repay and use again — but they live in different places. Flex is a standalone credit facility: you draw funds into your business bank account and pay 0.25% per day on the drawn balance only, with the cost per drawing capped at 100%. An overdraft sits on your current account and charges interest on whatever you're overdrawn by, often plus an arrangement or usage fee. Flex isn't tied to who you bank with; an overdraft is.
When you want a buffer that lives on the account and you already bank somewhere that will arrange one. An overdraft is effortless for the odd small dip — nothing to draw, you simply slip below zero and pay only while you're in the red. If your need is unpredictable and modest, and you value that the buffer is right there on the account, an overdraft is hard to beat for convenience.
When you want a revolving facility that isn't tied to your bank and can't be trimmed on a current-account review, and you want the cost to behave predictably — 0.25% per day on what you've drawn, capped per drawing. Flex also stands apart on one point: it's a facility to the company with no personal guarantee, whereas overdrafts often carry a director's guarantee. For uneven, recurring cash needs you draw and repay in cycles, Flex is built for exactly that.
Banks can reduce or remove an arranged overdraft on review, sometimes at short notice, because it's a feature of the account they control. Flex is a separate facility with its own agreement, so it doesn't depend on your bank's view of your current account. If having a revolving line that won't be trimmed alongside your banking matters to you, that independence is a real point in Flex's favour — though, as with any facility, the lender's terms apply.
Not with Credicorp. The Flex facility agreement is between Credicorp Limited and your company — a UK limited company, LLP or PLC — so there is no personal guarantee, no charge over a home and no personal credit check on a director. Business overdrafts, by contrast, frequently come with a director's personal guarantee attached; worth checking your bank's terms before you assume the two are alike on that point.
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the [FAQ](/faq/), and the whole journey is on the [how-it-works overview](/how-it-works/).
## Other comparisons
If you're weighing a card or a one-off lump sum instead, these may help.
- [Credicorp Flex vs a business credit card](/compare/flex-vs-credit-card/) — two revolving routes, side by side.
- [Business Bridging Loan vs a business overdraft](/compare/bridging-loan-vs-overdraft/) — a fixed-term lump sum against an on-demand buffer.
- [The three Credicorp products, side by side](/compare/the-three-products/) — Bridging Loan vs Flex vs Slice.
Or see all three Credicorp products on the [products page](/products/), and compare them on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
If Flex is the right fit, opening the facility, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/compare/short-term-loan-vs-merchant-cash-advance/
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# Short-term loan vs a merchant cash advance.
Both put working capital into the business now, but they're repaid in completely different ways. One is a fixed amount over a fixed term; the other is a slice of every card sale. Credicorp offers the fixed-term loan — not the cash advance. Here's how they compare, and when an MCA is the better tool.
The headline question here is repayment. A short-term loan repays a set amount over a set term, so you know where you stand from day one. A merchant cash advance takes a percentage of your card takings until it's cleared, so what you repay moves with your sales. Which suits you depends on how steady — and how card-based — your income is.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. To be clear from the outset: **Credicorp offers the fixed-term Business Bridging Loan; it does not offer merchant cash advances.** An MCA is repaid from card takings and comes from a specialist provider. This page is a guide, not an application — when you're ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## Side by side
The Credicorp figures are the lender's published terms and can change — check the live product page before you apply. MCA terms vary by provider, so treat that column as a general picture, not a quote.
| | Business Bridging Loan (Credicorp) | Merchant cash advance (an MCA provider — not Credicorp) |
| --- | --- | --- |
| Shape | A fixed-term lump sum | A lump sum repaid from card takings |
| Amount | £50 – £500 | Usually sized to your card turnover |
| Repayment | A set amount over a set term | A fixed percentage of daily card sales |
| Term | 14 – 84 days, fixed up front | No fixed end date — it ends when the advance clears |
| Pricing | 0.25% per day on the outstanding principal | A factor or flat fee on the advance, with no fixed term |
| Set-up fee | £5 | Varies by provider |
| Cost is known up front | Yes — fixed sum, fixed term | The fee is known; the effective cost depends on how fast takings clear it |
| Cost cap | Total cost never exceeds 100% of the principal | No standard cap; set by the provider |
| Needs card takings | No — it doesn't depend on how you get paid | Yes — repayment comes from card sales |
| Best for | A known cost with a clear, fixed repayment | Card-heavy, seasonal income that you want repayment to track |
| Personal guarantee | None | Often required — check the provider's terms |
| Borrower | The company | The company (often with a director's guarantee) |
## Where they really differ
Three differences matter most: how repayment behaves, how the cost works out, and what your income looks like.
### Repayment — fixed versus flexing with sales
This is the real divide. A Bridging Loan repays a set amount over a set term, full stop — predictable, finite, and the same whether trade is brisk or slow. A merchant cash advance takes a percentage of every card payment, so a busy week clears more and a quiet week clears less, with no fixed end date. If you want certainty, the loan delivers it; if you want repayments that breathe with your takings, the MCA does.
### Cost shape — countable versus pace-dependent
With the Bridging Loan you can total the cost on day one: 0.25% per day on the principal, a £5 fee, capped at 100% of what you borrow. An MCA's fee is fixed at the outset too, but because there's no set term, the effective cost depends on how quickly your card takings clear it — clear it fast and it's keener; let it run slowly and it's dearer in real terms.
### Your income — any company versus card-led trade
A Bridging Loan doesn't care how you get paid; it suits a company whether takings come by card, transfer or invoice. An MCA only works if a good share of your revenue runs through a card terminal, because that's the stream it's repaid from. For a card-led shop, café or salon with seasonal peaks, that alignment is the whole point; for a business paid mostly on invoice, it simply doesn't fit.
## When each one wins
Neither is better in the abstract. It comes down to whether you want a fixed repayment or one that tracks your card sales.
### A merchant cash advance fits better when…
A large share of your income comes through a card terminal, trade is seasonal or lumpy, and you want repayments that ease off in quiet weeks and pick up in busy ones. For card-led trade with uneven takings, that alignment is genuinely useful.
### A short-term loan fits better when…
You want certainty and a clear end date — a known figure, a fixed term, a total you can budget — and you'd rather repayment didn't depend on card sales. You also want the company to be the only borrower, with no personal guarantee.
## The company borrows — not you
This is one place the two genuinely part company. Merchant cash advances frequently come with a director's personal guarantee attached — the provider wants a name behind the advance. The Credicorp Bridging Loan is the other way round: the agreement is between Credicorp Limited and your **company**, so the finance doesn't add to what's pinned to your own name.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for working capital.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
An illustration, not a real customer — just to show the shape of the choice.
A trading company needs £400 to cover a one-off supplier deposit this week, with the cash that clears it landing in about six weeks when a confirmed customer pays. Most of the company's income arrives by bank transfer on invoice, with only a small share taken by card at the counter.
Because the need is a known figure with a clear repayment in view, and the business isn't mainly card-led, a fixed-term Business Bridging Loan fits cleanly: a set sum over a set term, the cost visible up front and capped, settled when the customer pays — and the agreement is with the company, so the director gives no personal guarantee. Had this instead been a card-heavy café with seasonal takings wanting repayments that flex with a quiet winter, a merchant cash advance tied to card sales would have been the more natural fit.
## Common questions
The questions directors ask when weighing the two. For anything specific to your business, the lender's team are at credicorp.co.uk.
No. Credicorp offers three products — a Business Bridging Loan, the revolving Credicorp Flex facility and Credicorp Slice — and a merchant cash advance is none of them. An MCA advances a lump sum that you repay as a fixed percentage of your daily card takings, and it comes from a specialist MCA provider, not from Credicorp. If a repayment that rises and falls with your card sales is what you want, an MCA may suit you better, and this page is meant to help you see that clearly.
How you repay. A Business Bridging Loan is a fixed-term company loan: you repay a set amount over a set window of 14 to 84 days, with the cost known on day one. A merchant cash advance takes a slice of every card payment until the advance plus its fee is cleared, so the amount you repay each day moves with your takings, and there is no fixed end date — a strong week clears it faster, a quiet one slower. One is fixed and finite; the other flexes with your sales.
When your income is heavily card-based and genuinely seasonal or lumpy, and you value repayments that breathe with your takings. Because an MCA takes a percentage of card sales, quiet days cost you less and busy days more, which can ease pressure in a slow stretch. If most of your revenue comes through a card terminal and you want repayment to track that, an MCA is built for exactly that pattern.
When you want certainty and a clear end date. A Business Bridging Loan tells you the amount, the term and the total cost up front, capped at 100% of what you borrow, and it does not depend on card takings — it suits a company whether or not it takes much by card. If you can name the figure and want a fixed, finite repayment rather than an open-ended slice of every sale, the fixed-term loan is the cleaner fit.
They are quoted differently, so compare with care. The Bridging Loan charges 0.25% per day on the outstanding principal, with a £5 fee and the total capped at 100% of the amount borrowed — a figure you can total up in advance. A merchant cash advance is usually quoted as a single factor or flat fee on the advance, with no fixed term, so the effective cost depends on how quickly your card takings clear it. Faster clearance is cheaper in real terms; a long, slow repayment is dearer.
Not with Credicorp. The Business Bridging Loan agreement is between Credicorp Limited and your company — a UK limited company, LLP or PLC — so there is no personal guarantee, no charge over a home and no personal credit check on a director. Merchant cash advances frequently come with a director's personal guarantee attached; worth checking the provider's terms before you assume the two are alike on that point.
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the [FAQ](/faq/), and the whole journey is on the [how-it-works overview](/how-it-works/).
## Other comparisons
If you're weighing a longer loan or a buffer on the account instead, these may help.
- [Business Bridging Loan vs an SME term loan](/compare/bridging-loan-vs-term-loan/) — a short bridge against a longer term loan.
- [Business Bridging Loan vs a business overdraft](/compare/bridging-loan-vs-overdraft/) — a fixed-term lump sum against an on-demand buffer.
- [The three Credicorp products, side by side](/compare/the-three-products/) — Bridging Loan vs Flex vs Slice.
Or see all three Credicorp products on the [products page](/products/), and compare them on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
If the Bridging Loan is the right fit, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/compare/slice-vs-invoice-finance/
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# Credicorp Slice vs invoice finance.
These two solve opposite problems. Slice spreads a bill you owe a supplier; invoice finance unlocks money your customers owe you. One is cash going out, the other is cash coming in. Credicorp offers Slice — not invoice finance. Here's how they compare, and when each fits.
It's easy to lump these together as "cash-flow finance", but they sit on opposite sides of your ledger. Slice is about a **payable** — a bill you owe. Invoice finance is about a **receivable** — money owed to you. Get the direction right and the choice is obvious.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. To be clear from the outset: **Credicorp offers Credicorp Slice; it does not offer invoice finance.** Invoice finance — advancing cash against your unpaid sales invoices — comes from banks and specialist providers. This page is a guide, not an application — when you're ready, applying for Slice happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director. These are **not** personal loans, payday loans or sole-trader finance.
## Side by side
The Credicorp figures are the lender's published terms and can change — check the live product page before you apply. Invoice-finance terms vary widely by provider, so treat that column as a general picture, not a quote.
| | Credicorp Slice (Credicorp) | Invoice finance (a bank or specialist — not Credicorp) |
| --- | --- | --- |
| Direction of cash flow | Money you owe OUT — a supplier bill | Money owed IN — your customer invoices |
| What it does | Pays one supplier bill today; you repay over weeks | Advances cash against invoices you've raised but not been paid |
| Amount | £50 – £2,000 per bill | A facility against your sales ledger; often much larger |
| Pricing | A flat 6% fee of the bill, charged once — no daily interest | Provider fees plus a discount/interest charge on advances |
| Term | 3 or 4 instalments, over up to 8 weeks | An ongoing facility tied to your invoicing |
| Cost cap | 100% of the bill | No standard cap; set by the provider |
| Scope | One self-contained transaction | Usually a facility across your receivables |
| Best for | A single supplier bill at an awkward moment | Cash tied up in slow-paying customer invoices |
| Personal guarantee | None | Often required by the provider — check terms |
| Borrower | The company | The company |
## Opposite ends of the ledger
The cleanest way to choose is to ask which side of your books the problem is on: a bill to pay, or a payment to wait for.
### Slice — for a bill you owe
Slice deals with a **payable**. A supplier's invoice lands at an awkward moment — a stock order, a one-off piece of kit, a chunky bill you'd rather not pay in one hit. Slice pays the supplier in full today, so the relationship stays sweet, and your company repays Credicorp over three or four instalments across up to eight weeks for a flat 6% fee. It's one transaction, with the cost known up front and nothing tied to your wider sales ledger.
### Invoice finance — for money owed to you
Invoice finance deals with a **receivable**. You've done the work and raised the invoice, but the customer's payment terms mean you're waiting weeks or months for the cash. Invoice finance advances a large share of that invoice straight away, with the balance (less fees) following when the customer pays. It's typically a facility against your whole sales ledger — a bigger, ongoing arrangement than settling a single bill — and it shines when the wait for customer payment is the core of your cash-flow problem.
### Why the direction decides it
If the pinch is a bill you have to pay, no amount of borrowing against your customers' invoices makes that bill smaller — you want Slice. If the pinch is cash trapped in unpaid invoices, spreading a single supplier bill barely touches it — you want invoice finance. Naming the direction first saves a lot of wasted effort.
## When each one wins
Neither is better in the abstract. It comes down to which side of your ledger the cash-flow gap is sitting on.
### Invoice finance fits better when…
Your cash is tied up in unpaid customer invoices, you sell on credit terms regularly, and the wait between invoicing and being paid is the heart of the problem. A facility against your sales ledger releases that cash as you raise invoices.
### Credicorp Slice fits better when…
The pinch is one specific supplier bill you'd rather spread — not a backlog of receivables. Slice pays it in full today and lets the company repay over a few weeks for a flat fee, with no personal guarantee and no facility against your ledger.
## The company borrows — not you
Both routes are lending to the business, but the small print can differ on whose name is behind it. Invoice-finance facilities frequently come with a director's personal guarantee. Credicorp Slice does not: the agreement is between Credicorp Limited and your **company**, so settling that supplier bill doesn't add to what's pinned to your own name.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a supplier bill.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
An illustration, not a real customer — just to show the shape of the choice.
A company gets a £1,500 bill from a supplier for a one-off batch of materials, due now. Separately, it's also waiting on several customer invoices that won't be paid for another month. Two different gaps, on two different sides of the books.
For the supplier bill, Credicorp Slice fits cleanly: the supplier is paid in full today, and the company repays the £1,500 over a few instalments across up to eight weeks for a flat 6% fee, with the cost fixed up front and no personal guarantee. The unpaid customer invoices are a different problem entirely — if releasing that trapped cash were the priority, invoice finance from a specialist provider would be the route, since Slice does nothing about money owed to you. The director uses Slice for the payable and looks elsewhere for the receivable.
## Common questions
The questions directors ask when weighing the two. For anything specific to your business, the lender's team are at credicorp.co.uk.
No. Credicorp offers three products — a Business Bridging Loan, the revolving Credicorp Flex facility and Credicorp Slice — and invoice finance is none of them. Invoice finance lets you borrow against money your customers owe you; it comes from banks and specialist invoice-finance providers, not Credicorp. If your problem is slow-paying customers rather than a supplier bill, invoice finance is the right family of product to look at, and this page is meant to make that distinction clear.
They point in opposite directions. Credicorp Slice is about money you owe OUT: it pays a supplier's bill in full today and lets your company repay over a few weeks. Invoice finance is about money owed IN: it advances you cash against invoices your customers haven't paid yet. Slice helps you settle a payable on your terms; invoice finance helps you unlock a receivable early. Which you need depends on whether the pinch is a bill to pay or a payment to wait for.
When your cash is tied up in unpaid customer invoices and you sell on credit terms regularly. Invoice finance can release a large, ongoing slice of your receivables as you raise them, which suits a business whose whole working-capital problem is the wait between invoicing and being paid. It typically involves a facility against your sales ledger and the provider's fees and structure — a bigger arrangement than settling a single supplier bill. If the gap is your customers' payment terms, that is the tool.
When the pinch is a specific supplier bill you'd rather spread, not a backlog of receivables. Slice pays one bill — £50 to £2,000 — in full today, so the supplier relationship stays sweet, and your company repays over three or four instalments across up to eight weeks for a flat 6% fee. It's a single, self-contained transaction with the cost fixed up front: no facility against your sales ledger, no ongoing arrangement. For a one-off payable at an awkward moment, it's the lighter-touch fit.
In principle they solve different problems, so a business could use invoice finance for its receivables and reach for Slice when a particular supplier bill needs spreading. They aren't mutually exclusive. That said, Credicorp only offers Slice; any invoice-finance arrangement would be with a separate provider. Talk to the Credicorp team at credicorp.co.uk about Slice, and to an invoice-finance provider about the other side.
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the [FAQ](/faq/), and the whole journey is on the [how-it-works overview](/how-it-works/).
## Other comparisons
If you're weighing a one-off sum or a revolving option instead, these may help.
- [Business Bridging Loan vs a business overdraft](/compare/bridging-loan-vs-overdraft/) — a fixed-term lump sum against an on-demand buffer.
- [Credicorp Flex vs a business credit card](/compare/flex-vs-credit-card/) — two revolving routes, side by side.
Or see all three Credicorp products on the [products page](/products/), and compare them on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
If Slice is the right fit, applying and managing your account happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/compare/the-three-products/
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# Bridging Loan vs Flex vs Slice.
Credicorp offers three short-term products, each built for a different shape of need: a one-off lump sum, a revolving line you draw and repay, and a way to spread a supplier bill. Here's how all three compare, and how to tell which one fits the job in front of you.
These three aren't rivals so much as different tools for different jobs. The Bridging Loan is for a one-off gap you can name; Flex is for uneven, recurring cash needs; Slice is for a specific supplier bill you'd rather spread. Pick by the shape of the need, not by the headline.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. **Credicorp offers all three of these products** — the Business Bridging Loan, Credicorp Flex and Credicorp Slice. This page is a guide, not an application — when you're ready, applying happens on the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/), and you can compare them there too at [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
Throughout, the borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director, on any of the three. These are **not** personal loans, payday loans or sole-trader finance.
## Side by side
These are the lender's published terms and can change — check the live product pages before you apply.
| | Business Bridging Loan | Credicorp Flex | Credicorp Slice |
| --- | --- | --- | --- |
| Shape | A one-off, fixed-term lump sum | A revolving facility you redraw | A supplier bill split into instalments |
| Amount | £50 – £500 | £50 – £500 | £50 – £2,000 |
| Term | 14 – 84 days, fixed up front | Ongoing, in 14-day cycles | 3 or 4 instalments over up to 8 weeks |
| Pricing | 0.25% per day on the principal | 0.25% per day on the drawn balance only | A flat 6% fee on the bill |
| Set-up fee | £5 | £5 on the first drawing | None beyond the flat fee |
| Repayment | Settled within the fixed term | Min 10% of the drawn balance or £20, whichever is greater, each 14-day cycle | Equal instalments across the term |
| Late charge | Within the capped cost | Within the capped cost | £12 if an instalment is late |
| Cost cap | 100% of the principal | 100% per drawing | 100% of the bill |
| Best for | A known, one-off cost | Uneven, recurring cash needs | Spreading a specific supplier bill |
| Personal guarantee | None | None | None |
| Borrower | The company | The company | The company |
## What each one is for
The simplest way to choose is to match the product to the shape of the need: one-off, recurring, or a specific bill.
### Business Bridging Loan — a one-off lump sum
Use it when the need is a single, known cost you can repay within a short window — a confirmed stock order, a supplier deposit, a repair you can't trade without. You borrow a set amount of £50 to £500 over a fixed term of 14 to 84 days, the cost is 0.25% per day on the principal with a £5 fee, and the total is capped at 100%. One sum, one term, then done.
### Credicorp Flex — a revolving line
Use it when cash needs are uneven and recurring, and you'd rather draw and repay in cycles than take a single lump sum. Flex is a £50 to £500 facility: draw what you need, pay 0.25% per day on the drawn balance only, repay at least 10% of that balance or £20 — whichever is greater — each 14-day cycle, and redraw as you go. The £5 fee applies on the first drawing, and the cost per drawing is capped at 100%.
### Credicorp Slice — spreading a supplier bill
Use it when the cost is specifically a supplier invoice you'd rather not pay all at once. Credicorp pays your supplier in full today, and the company repays the bill — £50 to £2,000 — across three or four equal instalments over up to eight weeks, for a flat 6% fee. A late instalment carries a £12 charge, and the cost is capped at 100%. It's the most targeted of the three: a bill, spread.
## When each one fits
None is better in the abstract — each is built for a different shape of need.
### The Bridging Loan fits when…
The need is one-off and you can name the figure — a stock order, a deposit, a repair — and you want a set sum over a set term, settled within weeks, with the cost fixed and capped.
### Flex fits when…
Cash needs are uneven and recurring, and you'd rather draw, repay and redraw in cycles, paying only on what you've drawn, than take a single lump sum.
### Slice fits when…
The cost is a specific supplier bill — £50 to £2,000 — that you'd rather spread over a few weeks at a flat fee, with the supplier paid in full today.
## The company borrows — not you
One thing holds true across all three. Whichever product fits, the agreement is between Credicorp Limited and your **company**, so none of them adds to what's pinned to your own name. The Bridging Loan, Flex and Slice are alike on this point.
- **No personal guarantee** — the company is the borrower, full stop, on every product.
- **No charge over your home** — your house isn't security for any of them.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
An illustration, not a real customer — just to show how the three split apart.
Picture a company facing three different cash situations across a quarter. First, a one-off £400 supplier deposit to lock in a confirmed order, with the cash to clear it landing in about six weeks. Second, a run of small, uneven outgoings through the month that come and go as money cycles in and out. Third, a single £1,200 supplier invoice it would rather not pay all at once.
Each situation points to a different product. The one-off deposit suits a Business Bridging Loan — a set sum over a set term, settled when the customer pays. The uneven monthly outgoings suit Flex — draw, repay and redraw in cycles, paying only on what's drawn. The single invoice suits Slice — the supplier paid in full today, the bill spread over a few weeks at a flat fee. And across all three, the agreement is with the company, so the director gives no personal guarantee.
## Common questions
The questions directors ask when choosing between the three. For anything specific to your business, the lender's team are at credicorp.co.uk.
A Business Bridging Loan, Credicorp Flex and Credicorp Slice. The Bridging Loan is a short, fixed-term lump sum of £50 to £500 over 14 to 84 days. Flex is a revolving facility of £50 to £500 you draw, repay and redraw, paying 0.25% per day on the drawn balance only. Slice splits a supplier bill of £50 to £2,000 into three or four instalments over up to eight weeks for a flat 6% fee. All three are to the company, with no personal guarantee.
It depends on the shape of the need. Choose the Bridging Loan for a one-off, known cost you can repay within a short window — a stock order, a deposit, a repair. Choose Flex for uneven, recurring cash needs you want to draw and repay in cycles. Choose Slice when the cost is specifically a supplier bill you would rather spread over a few weeks. If you are unsure, the side-by-side table and the use cases on this page are meant to point you to the right one.
The Bridging Loan charges 0.25% per day on the outstanding principal, with a £5 fee, capped at 100% of what you borrow. Flex charges 0.25% per day on the drawn balance only, with a £5 first-drawing fee, capped at 100% per drawing. Slice is a flat 6% fee on the bill, with a £12 charge if an instalment is late, and its cost is also capped at 100%. Each is set out up front so you can total it before you commit.
They are designed for different jobs, so a company might sensibly use different products at different times — a Bridging Loan for a one-off gap, Flex for a recurring cycle, or Slice for a specific supplier bill. Whether you can hold more than one at once, and on what terms, is a matter for the lender to assess. The live product pages set out each one, and the lender's team at credicorp.co.uk can talk through what fits your company.
No. All three agreements are between Credicorp Limited and your company — a UK limited company, LLP or PLC — so none of them carries a personal guarantee, a charge over a home or a personal credit check on a director. The company is the borrower in every case. That is the same across the Bridging Loan, Flex and Slice.
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the [FAQ](/faq/), and the whole journey is on the [how-it-works overview](/how-it-works/).
## Other comparisons
If you're weighing a Credicorp product against an outside option, these may help.
- [Business Bridging Loan vs a business overdraft](/compare/bridging-loan-vs-overdraft/) — a fixed-term lump sum against an on-demand buffer.
- [Credicorp Flex vs a business credit card](/compare/flex-vs-credit-card/) — two revolving routes, side by side.
- [Credicorp Slice vs invoice finance](/compare/slice-vs-invoice-finance/) — paying a supplier bill versus borrowing against money owed to you.
Or see all three Credicorp products on the [products page](/products/), and compare them on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/).
## Ready when you are
Once you know which of the three fits, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.
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# PAGE: https://corp.creditcorp.co.uk/industries/
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---
title: "Business funding by industry — sector-by-sector working capital for UK companies"
description: "How short-term business finance fits 16 UK sectors — retail, hospitality, construction, manufacturing, healthcare, logistics and more. Plain-English guides for incorporated businesses, where the company borrows and there is no personal guarantee. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding, by industry
> Sixteen plain-English guides to how short-term working capital fits different UK trades. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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://creditcorp.co.uk/lending-and-regulation/).
Whatever the sector, the products are the same three — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://creditcorp.co.uk/products/). These pages explain how each tends to be used in a given trade.
## The sixteen sectors
- [Retail & shops](https://creditcorp.co.uk/industries/retail/) — buy stock ahead of a busy season, fit out a unit, or smooth the gap between paying suppliers and ringing the till.
- [Hospitality & food](https://creditcorp.co.uk/industries/hospitality/) — cover a slow January, refit a kitchen, or stock up before a busy season; funding shaped around feast-and-famine cash flow.
- [Construction & trades](https://creditcorp.co.uk/industries/construction/) — buy materials before the first valuation lands, take on a bigger contract, or bridge a slow-paying main contractor.
- [Manufacturing](https://creditcorp.co.uk/industries/manufacturing/) — fund a raw-materials run, fulfil a large order, or keep the line moving while customer invoices catch up.
- [Professional services](https://creditcorp.co.uk/industries/professional-services/) — bridge the lag between billable work done and invoices paid; hire, expand, or steady the practice between fee cycles.
- [Healthcare & dental](https://creditcorp.co.uk/industries/healthcare/) — spread the cost of equipment, fund a refit, or cover a gap between treatment and payment.
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — cover fuel and wages on long payment terms, fund a busy run, or get a vehicle back on the road fast.
- [Automotive](https://creditcorp.co.uk/industries/automotive/) — stock the forecourt, buy parts for a big job, or keep the workshop turning while customer payments come in.
- [Beauty & wellness](https://creditcorp.co.uk/industries/beauty/) — refit a salon, stock retail lines, or fund a new treatment room; finance that fits an appointment-led business.
- [Agriculture & farming](https://creditcorp.co.uk/industries/agriculture/) — bridge the long gap between outlay and harvest, buy inputs for the season, or cover a quiet stretch between subsidies.
- [Technology & IT](https://creditcorp.co.uk/industries/technology/) — fund a hire ahead of revenue, cover kit for a new contract, or bridge milestone-based client payments.
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/) — buy in bulk to hit a price break, fund a big order, or cover the gap between paying makers and being paid by stockists.
- [Creative & media](https://creditcorp.co.uk/industries/creative-media/) — fund a production up front, cover freelancers and kit, or bridge the wait for a client or platform to settle up.
- [Fitness & leisure](https://creditcorp.co.uk/industries/fitness/) — kit out a studio, fund a refit, or steady the cash flow that dips and spikes with memberships and the seasons.
- [Property & lettings](https://creditcorp.co.uk/industries/property/) — cover works between tenancies, fund a refurbishment, or bridge the gap before rent or a sale comes through.
- [E-commerce & online](https://creditcorp.co.uk/industries/ecommerce/) — buy inventory before a peak, fund ad spend that pays back later, or bridge the wait for marketplace payouts.
## Don't see your trade?
These sixteen are the sectors we hear from most, but the rule is the same whatever you do: if you're a UK limited company, LLP or PLC needing short-term working capital, the products are built for you. See [How it works](https://creditcorp.co.uk/how-it-works/) and the [FAQ](https://creditcorp.co.uk/faq/), or talk to the lender's team at [credicorp.co.uk](https://credicorp.co.uk/contact-us/).
## 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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/agriculture/
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---
title: "Business funding for agriculture & farming — working capital for UK farm companies"
description: "How short-term business finance fits incorporated UK farming and agricultural companies — machinery and repairs, seed and feed bought ahead of the season, the long wait for harvest or sale, subsidy timing and diversification. The company borrows, never the director: no personal guarantee, no charge over the farmhouse, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/agriculture/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital between outlay and harvest
> A plain-English guide to short-term working capital for incorporated UK farming and agricultural businesses. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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 the farmhouse or the land, 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/).
## Why farms run short on cash
It is rarely about whether the farm is profitable over a year — it is about how far apart the spending and the income sit. In agriculture that gap is measured in seasons.
- **Inputs go in long before anything is sold.** Seed, fertiliser, sprays, feed, bedding and contractor work are paid for at the start of a cycle — sometimes a full year before the crop is combined or the stock is finished — on merchant terms that do not wait for harvest.
- **Income arrives in a handful of paydays.** Most farms are not paid steadily. Income lands in lumps — a harvest sold, a batch of cattle through the ring, the lambs away, an annual contract cheque — while wages, diesel, rent and standing charges keep coming every month.
- **Machinery is dear, and it cannot wait.** A tractor, combine, baler or parlour is a heavy cost, and a breakdown in a narrow weather window can cost far more in lost crop than the repair itself. The cash to fix it or hire a contractor has to be there now.
- **Subsidies and diversification land on their own clock.** Support and environmental-scheme payments come through well after the work that earned them. And when a farm diversifies — a farm shop, holiday lets, a wedding barn, contracting, renewables — the fit-out and stock go out before the new income finds its feet.
## Which finance fits a farming business
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed gap: an input order before drilling, a winter feed run, an urgent machinery repair mid-harvest, a deposit to lock in a contractor.
- **Credicorp Flex** — a revolving facility to draw through the lean months and repay when harvest, market, the milk cheque or the subsidy lands; you pay only for what you draw, not the whole limit.
- **Credicorp Slice** — settle a chunky bill from the merchant, feed mill or machinery dealer in full today and repay over a few weeks for a flat fee.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply.
## The company borrows — not you
Nowhere is the line between the business and the family more blurred than on a farm — the farmhouse, the land, the buildings and the income are bound up together, often across generations. So a personal guarantee, or a charge over the farm, asks an owner to put the family home and the holding itself on the line for a working-capital gap. Credicorp is built differently: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the land, the contracts and the bank account. There is **no personal guarantee**, **no charge over the farmhouse or the land** and **no personal credit check** on a director. The company stands on its own trading position. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A mixed arable and beef operation — a UK limited company farming a few hundred acres, with a cereal crop in the ground and a batch of store cattle being finished — has both a combinable crop months from sale and cattle months from the ring. Both are sound, but neither earns yet. Spring lands all at once: fertiliser and spray for the growing crop, a feed order to keep the cattle gaining, a relentless diesel bill, and — mid-season — the forage harvester throws a belt with a dry window closing fast. On paper the year is comfortably profitable; in the bank account, the company is funding a full season of inputs and a surprise repair before the grain is weighed off or the cattle sold, with the next support payment still some way out.
Rather than turn to the merchant's most expensive terms or lean on the director personally, the company bridges the gap with short-term finance against its own trading position — covering the inputs and the repair — and repays as the harvest is sold and the cattle go to market. The subsidy catches up later, on its own timetable, without holding up the season. Same farm, same margin — the cash was simply there when the crop and the stock needed it. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can a farming company borrow without a personal guarantee or a charge over the farm?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director who signs. No personal guarantee, no charge over the farmhouse or the land, and no personal credit check on a director. That matters most in farming, where the home and the workplace are so often the same address.
**We need to buy seed, feed or fertiliser before the season earns anything. Can funding cover that?**
That is one of the most common reasons farm companies look at short-term finance. The inputs go out months before the crop is sold or the stock is finished, so a Business Bridging Loan or Credicorp Slice can cover an input order now, with repayment timed around the income the season brings in.
**Our income is seasonal — one or two big paydays a year. Does that work with short-term finance?**
It fits exactly that shape. A revolving facility such as Credicorp Flex lets the company draw through the lean months and repay when harvest, the milk cheque, the livestock sale or the subsidy lands — so a single annual payday does not have to stretch across twelve months of outgoings.
**Can we use it for a piece of machinery or an urgent repair in the middle of harvest?**
Yes. A combine or tractor down in a narrow weather window can cost more in lost time than the repair itself, so a Business Bridging Loan can put cash in the account quickly to get it fixed or bring in a contractor, with repayment set against the season ahead.
**We are diversifying — a farm shop, holiday lets, a wedding barn. Does that change anything?**
Diversification often runs ahead of its own income: you fit out the building or stock the shop before the visitors and revenue arrive. As long as the venture sits within a UK limited company, LLP or PLC, the same short-term products apply.
**Are you a bank, and is this regulated consumer credit?**
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001 — business credit, not a regulated consumer credit agreement. It is not for sole traders or personal-name borrowing.
## Related sectors
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — covering fuel, plant and wages on long payment terms when you haul your own produce or run a contracting fleet.
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/) — buying inputs in bulk to hit a price break, then bridging the gap until the season is sold on.
- [Hospitality & food](https://creditcorp.co.uk/industries/hospitality/) — if you've diversified into a farm shop, cafe or wedding barn, funding shaped around feast-and-famine cash flow.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/automotive/
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---
title: "Business funding for automotive companies — garages, MOT bays, parts & dealers"
description: "How short-term working capital fits incorporated UK automotive businesses — garages, MOT testing stations, parts factors and dealers. 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/automotive/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for automotive companies
> How short-term business finance fits incorporated UK automotive businesses — garages, MOT bays, parts factors and dealers. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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, and not motor finance for buying a car. See [Lending and regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Where the motor trade hits a cash gap
Most automotive businesses pay out at the moment they can least afford to. The motor factor wants settling on the account before your customer has collected the car; a bodyshop carries paint, panels and a courtesy vehicle for weeks while it waits on an insurer; a used-car dealer ties up thousands per unit the day stock arrives. Common pinch points:
- **Parts on account** — the factor's 30-day terms fall due before your fleet or trade customer has paid you.
- **Diagnostic and test kit** — a scan tool, ADAS calibration rig, four-post ramp or air-con machine that pays for itself in jobs but stings up front.
- **MOT bays** — a class-change, a re-equip after a DVSA inspection, or a quiet stretch where the tester is busier than the till.
- **Forecourt stock** — cash sitting in metal on the pitch, plus prep, valeting and warranty before a sale.
- **Seasonal swings** — the pre-winter tyre and battery rush, or the spring service surge, needing stock bought ahead.
- **A job too big to float** — an engine or gearbox rebuild where the parts bill dwarfs a week's normal takings.
## The finance that tends to fit
Three shapes of short-term credit — see [Products](https://creditcorp.co.uk/products/) for detail. We do not quote rates, amounts or terms; those live on the operating lender's site and can change.
- **A single, known cost — Business Bridging Loan.** A fixed lump sum over a short term — a replacement ramp, a confirmed engine rebuild, a stock buy before MOT season.
- **An ongoing swing — Credicorp Flex.** A revolving facility you draw from when the parts bill lands, repay as trade accounts settle, then draw again, with interest only on what you have used.
- **One supplier bill to spread — Credicorp Slice.** Settles a single chunky invoice — a parts order, test equipment, a tyre delivery — in full today; your company repays over a few weeks for a flat fee.
## The company borrows — not you
Many garage and dealer owners have grown the business out of their own pocket. 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.
The flip side is the rule that defines who can borrow: only bodies corporate — UK limited companies, LLPs and PLCs. A sole-trader garage trading in its own name is not eligible.
## A worked example
A three-ramp independent garage and MOT station, run through a limited company, with retail trade and a couple of local fleet accounts. Its diagnostic platform is too old to read the newer hybrids, and a software class-change means a brake tester needs replacing to stay compliant. Both are confirmed costs the owner can name, and both start earning the day they are installed. Meanwhile the fleet accounts pay on 45-day terms, so parts already fitted are on the books unpaid. A **Business Bridging Loan** for the known kit cost, or a **Credicorp Flex** facility to ride the factor account and slow fleet payments, would each fit — the company borrows, the owner's home stays out of it, and the kit is earning long before the loan is repaid. The actual terms are settled on the lender's own site.
## Automotive funding — common questions
**Can a limited-company garage 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.
**We are an MOT testing station — does the funding care what the cash is for?**
The lender looks at the company and its ability to repay, not at a shopping list. Whether the money buys a brake tester, covers a quiet month, or stocks consumables is your call.
**Can we fund diagnostic equipment or a new ramp?**
Working-capital finance can bridge the cost of kit such as a diagnostic platform, a four-post lift or an air-con machine. For a fixed, known cost a Business Bridging Loan often fits; to spread one supplier invoice, look at Credicorp Slice.
**Our trade customers pay on 30 to 60 day terms. Does that count against us?**
Slow trade-account payments are exactly the gap this finance is built for. A short-term facility covers the lag so you are not funding other people's cars out of your own float.
**Is this a personal loan or consumer car finance?**
No. This is exempt business lending to incorporated companies — not consumer credit, not motor finance, not for sole traders.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/)
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/)
- [Retail & shops](https://creditcorp.co.uk/industries/retail/)
- [All sixteen 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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/beauty/
========================================================================
---
title: "Business funding for beauty & wellness — working capital for UK salons, spas & clinics"
description: "How short-term business finance fits incorporated UK beauty and wellness companies — fitting out a salon, buying chairs and kit, stocking retail and professional lines, and smoothing seasonal cash flow. 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/beauty/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for beauty & wellness
> A plain-English guide to short-term working capital for incorporated UK beauty and wellness businesses — salons, spas, clinics and studios. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
## Why salons and spas run short on cash
It is rarely the day-to-day takings — those tend to be steady. It is the lumps: the fit-out, the kit, the stock and the seasons.
- **The space has to be paid for before it earns.** A salon or spa sells an experience, so the room has to be right first. Chairs, basins, treatment couches, mirrors, lighting, flooring, a reception and a colour bar all land as one big outlay — opening a new site or re-fitting an existing one — and the refreshed space only pays that back once clients are sitting in it.
- **Chairs and kit are real money up front.** Styling stations and dryers, a wax or massage station, nail desks and lamps, a sterilising setup, or serious aesthetics technology — a laser, an IPL or a body-contouring machine — can run into thousands or tens of thousands. It earns over years, but the supplier wants paying now.
- **Product stock ties up cash between seasons.** Colour, skincare, nail systems, consumables and the retail shelf are bought in before they are used or sold. Buying ahead of a peak — or in volume to hit a distributor price break — means money leaves the account weeks before it returns through the till and the chair.
- **The calendar runs hot and cold.** Beauty is seasonal in a particular way: flat after Christmas, building through spring, flat out before summer, weddings and the party run-up to December. Rent, wages and stock do not dip in the quiet weeks the way takings do.
## Which finance fits a beauty business
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed project: a salon fit-out or re-fit, a run of new styling stations, fitting out a second treatment room, or a deposit on a serious piece of equipment.
- **Credicorp Flex** — a revolving facility to dip into and repay as the diary turns; draw a little after Christmas, repay as the wedding and summer season fills, paying only for what you draw.
- **Credicorp Slice** — settle a chunky distributor or equipment bill in full today and repay over a few weeks for a flat fee.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply.
## The company borrows — not you
A great many salon and spa owners have been asked to put their home on the line for a fit-out loan or a kit facility. Credicorp is built differently: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the lease, the equipment and the bank account. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. The company stands on its own trading position. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A busy hair and beauty salon — a UK limited company with six stylists and two beauty therapists, trading well for a few years from a high-street unit — is starting to look tired, and a smarter salon has just opened two doors down. The owner plans a re-fit over a quiet fortnight in late January: new styling stations and basins, a fresh colour bar, lighting and flooring, and a second treatment room carved out of the back for facials and brows.
The fit-out, the chairs and the kit all have to be paid for before the refreshed salon takes a single new booking — and January is the leanest month of the year. On paper the numbers work comfortably; in the bank account, the company is funding the whole project up front, in its quietest weeks, while a separate professional-stock order for the busier months is also due. Rather than lean on the director personally or put the home on the line, the company bridges the gap with short-term finance against its own trading position, covering the fit-out and the chairs, and repays as the spring diary fills and the new room starts earning. A single supplier bill for the colour bar is spread separately over a few weeks. Same salon, same plan — the cash was simply there when the re-fit needed it. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can my salon or spa company borrow without a personal guarantee from the director?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director who signs. No personal guarantee, no charge over a home and no personal credit check on a director.
**We are refitting the salon and buying new chairs and kit. Can funding cover that?**
A fit-out is one of the most common reasons salons look at short-term finance — chairs, basins, couches, a laser or a new colour bar all hit at once. A Business Bridging Loan can put a known sum in for a known project, or Credicorp Slice can spread a single supplier bill.
**Our trade is seasonal — quiet after Christmas, flat out before summer and party season. Does that matter?**
It is exactly the pattern these products are built around. A revolving Credicorp Flex facility lets the company draw a little in the quiet weeks and repay when the diary fills, paying interest only on what is actually drawn.
**Can we use this to buy professional and retail stock ahead of a busy period?**
Yes. Buying colour, skincare, nail and retail lines in before a peak — or to hit a distributor price break — is a classic working-capital use. The finance bridges the gap between paying the supplier and selling through.
**Are you a bank, and is this regulated consumer credit?**
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001 — business credit, not a regulated consumer credit agreement. It is not for sole traders or personal-name borrowing.
**Where do I actually apply?**
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/).
## Related sectors
- [Healthcare & dental](https://creditcorp.co.uk/industries/healthcare/) — spreading the cost of clinical equipment and a refit, much like an aesthetics or skin clinic.
- [Fitness & leisure](https://creditcorp.co.uk/industries/fitness/) — kitting out a studio and steadying cash flow that dips and spikes with memberships and the seasons.
- [Retail & shops](https://creditcorp.co.uk/industries/retail/) — buying retail and product stock ahead of a busy season and fitting out the space.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/care-homes/
========================================================================
---
title: "Business funding for care & support — working capital for UK care providers"
description: "How short-term business finance fits UK care companies — paying carers before local-authority fees clear, a CQC-driven refurb, agency staffing cover, or fitting out a new home. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/care-homes/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for care & support
> How short-term working capital fits a UK care company — paying carers before council fees clear, agency cover, CQC-driven refurbishment and fitting out a new home. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the director or registered manager, 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in care and support.
## Where the cash-flow gaps come from
Care providers carry a wage bill that never pauses, against income that arrives on a delay. Four pressure points show up again and again:
- **Staffing paid before the fees clear** — carers are paid weekly or fortnightly and the rota must be met whatever the income looks like, yet a large slice of revenue (local-authority placements, NHS-funded packages, continuing-care hours) is invoiced and settled weeks later. A home or agency can be profitable on paper and still run short in the week wages fall due.
- **Local-authority payment terms** — councils pay on their cycle, not yours. Purchase orders, monthly actuals reconciled against planned hours, and queries that hold up a whole remittance each add days or weeks. For a provider with many funded clients, that lag is structural and must be bridged month after month.
- **Compliance and CQC-driven refurbishment** — registration is conditional on standards that cost money up front: adaptations after an inspection, fire and infection-control works, a wet room, nurse-call systems, flooring or redecoration. The bill lands as a lump; the return in continued registration and occupancy only comes once it's signed off.
- **Agency cover and short-notice staffing** — a sickness wave, a resignation or a new admission can force you onto agency staff overnight at a premium. Safe staffing isn't negotiable, so the cost goes out immediately, long before the matched income for those extra hours returns.
## Which kind of finance fits a care provider
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. The natural fit for care: top up to meet a payroll run, draw more when agency cover spikes, then pay down as the council's remittances catch up.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: a CQC-driven refurbishment, fitting out a new home or extra beds, a property deposit, or a stretch while a large funded contract beds in.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Useful when a bill for catering, PPE, laundry, medical consumables or equipment maintenance lands at an awkward point in the funding cycle.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Care operators carry enough personal exposure already — a registered manager's name on the registration, a director's signature on a lease, personal security pledged to a landlord or a fee-funder. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for the wage run.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A residential care home trading as a UK limited company runs at close to full occupancy, with most residents funded by the local authority. The wage bill is met every fortnight, but the council settles a month or more in arrears, and this quarter two remittances are held up by a query on planned-versus-actual hours. A recent inspection also flagged that the first-floor bathrooms need converting to wet rooms before the next visit.
Because the staffing gap recurs every cycle, a Credicorp Flex facility to the company lets the home draw to meet payroll and pay down once each delayed remittance arrives — without re-arranging finance each month. The wet-room conversion, a known one-off with a clear payback in continued registration, is a better fit for a fixed-term Business Bridging Loan. Both agreements are with the company, so the owner gives no personal guarantee and puts no charge over their home.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Care funding questions
**Can my care company borrow to cover wages while we wait for local-authority fees?** Yes — the gap between paying carers each week and the council settling its invoices is the most common reason a care provider uses short-term finance. Credicorp Flex is built for that recurring lag; a Business Bridging Loan suits a one-off stretch.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a registered manager or director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can I use it for a CQC-driven refurbishment or compliance work?** Yes. Adaptations, fire and infection-control works, a wet room, call systems, flooring or redecoration are all working-capital uses; a fixed-term Bridging Loan often fits a compliance refurb cleanly.
**Does agency staffing cover count as something I can fund?** It does. When sickness, a vacancy or a new admission forces you onto agency staff at short notice, the premium lands before the matched income does. Credicorp Flex lets you draw as the need arises and pay down once the rota settles.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach my business account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [Healthcare & dental](https://credicorp.co.uk/industries/healthcare/) — the same gap between treatment delivered and payment from plans or the NHS.
- [Professional services](https://credicorp.co.uk/industries/professional-services/) — staff and overheads paid out while invoices for billable work wait to clear.
- [Property & lettings](https://credicorp.co.uk/industries/property/) — works between tenancies and refurbishments funded before the income returns.
Browse the whole set on the [industries hub](https://credicorp.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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/childcare/
========================================================================
---
title: "Business funding for childcare & nurseries — working capital for UK nursery companies"
description: "How short-term business finance fits UK childcare companies — bridging the funded-hours payment lag, a room fit-out, holding staff through ratio rules, or steadying the late-summer occupancy dip. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/childcare/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for childcare & nurseries
> How short-term working capital fits a UK childcare company — bridging the funded-hours payment lag, room fit-outs, holding a qualified team through staff-ratio rules, and seasonal occupancy swings. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in childcare.
## Where the cash-flow gaps come from
Childcare costs run flat and high while income arrives late and uneven. Four pressure points show up again and again:
- **The funded-hours payment lag** — funded early-education places are delivered week by week, but the money lands in arrears on the local authority's schedule, often after a headcount census. You've paid the staff who looked after those children — sometimes a full term — before the funding settles.
- **Staff ratios you can't flex down** — statutory adult-to-child ratios set the floor on how many qualified people must be on the floor. When a term runs light you can't trim hours the way a shop trims a shift; lose your team and you can't take children back when numbers recover.
- **Room fit-outs and EYFS compliance** — opening a baby room, adding capacity, refreshing outdoor play, upgrading sleep rooms or a kitchen, or bringing a space up to EYFS standard is a one-off cost with a clear payback, but the bill lands well before the new places start earning.
- **Occupancy swings and the summer dip** — older children leave for school each September before the new intake fills the gap, after-school and holiday-club demand spikes and falls with term dates, and the late-summer weeks run quiet while rent and core wages don't move.
## Which kind of finance fits a nursery
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: a room fit-out, outdoor play equipment, a kitchen upgrade, or a known shortfall while a funding payment is in the post.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits childcare's natural rhythm: covering wages through a quiet stretch between intakes, bridging the recurring funded-hours lag each term, and topping up around holiday-club peaks.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when a catering, cleaning or equipment bill lands at an awkward moment between fee runs.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many nursery owners have already signed personal guarantees they didn't love — a premises lease, a minibus on finance, a supplier account. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for nursery staff or a room fit-out.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A day nursery trading as a UK limited company runs a single setting with an attached after-school club. Each September a cohort of its oldest children leaves for reception, and the new intake takes a few weeks to fill those places — but the qualified team has to stay in post the whole time, because ratios don't bend to occupancy. The term's funded-hours payment from the local authority isn't due to settle until well into the following term.
Because the squeeze is recurring rather than one-off, a Credicorp Flex facility to the company fits the pattern: the nursery draws down to cover wages through the quiet late-summer weeks and the funding lag, then pays back as the new intake fills and the authority settles. The agreement is with the company, so the owner gives no personal guarantee and puts no charge over their home. If a baby-room fit-out comes up later to add capacity, a fixed-term Business Bridging Loan would cover that known cost separately.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Childcare funding questions
**Can my nursery borrow to bridge the wait for funded-hours payments?** Yes — the lag between delivering funded places and the local authority settling them is one of the most common reasons a nursery uses short-term finance. Credicorp Flex suits the recurring term-by-term gap; a Business Bridging Loan suits a single, known shortfall.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can I use it for a room fit-out or new equipment?** Yes. A new baby room, an EYFS-standard refit, outdoor play equipment, sleep rooms, a kitchen upgrade or sensory resources are all working-capital uses; a fixed-term Bridging Loan often fits a fit-out cleanly.
**Staff ratios mean I can't just cut hours in a quiet term — does finance help?** It can. Ratios mean you hold a qualified team in place whatever occupancy looks like. When numbers dip between intakes, short-term working capital lets you keep that team rather than lose people you'll need the moment numbers recover.
**My after-school and holiday club income swings hard across the year — does that change anything?** The borrower is still the company, however seasonal the income. Premises and core staff cost the same all year, so Credicorp Flex is built for that drip-feed pattern: draw down when wages outrun fees, pay back as bookings return.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
## Related sectors
- [Education & training](https://credicorp.co.uk/industries/education-training/) — the same termly fee cycles and the quiet weeks between cohorts.
- [Healthcare & dental](https://credicorp.co.uk/industries/healthcare/) — a regulated, staff-led trade waiting on plan and NHS payments to catch up.
- [Professional services](https://credicorp.co.uk/industries/professional-services/) — another payroll-first business bridging the lag between work delivered and money in.
Browse the whole set on the [industries hub](https://credicorp.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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/construction/
========================================================================
---
title: "Business funding for construction & trades — working capital for UK building companies"
description: "How short-term business finance fits incorporated UK construction and trades companies — materials up front, staged payments, retentions held back and slow-paying contractors. 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/construction/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for construction & trades
> A plain-English guide to short-term working capital for incorporated UK construction and trades businesses. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
## Why construction firms run short on cash
It is rarely about the profit on the job — it is about timing. In building work the money goes out long before it comes back.
- **Materials and labour go out first.** Merchants want paying for timber, steel, aggregate and plant, often before the first application for payment is raised. Plant runs by the week. Wages and CIS-deducted subcontractor payments fall due whether or not the client has paid you.
- **Staged payments arrive slowly.** Construction is paid in arrears, against valuations or applications for payment — frequently on 30, 45 or 60-day terms. The cash for work finished weeks ago lands well after you paid for it.
- **Retentions are held back — twice.** A slice of each payment (commonly around five per cent) is held as retention: half typically released at practical completion, the rest only after the defects-liability period, which can run a year or more. That is your margin, frozen.
- **One slow payer stalls the next job.** A single late certificate from a main contractor or developer can leave you unable to fund the materials for the job starting Monday. The work is there; the cash to begin it is stuck upstream.
## Which finance fits a building business
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed gap: a big materials order before the first valuation, a deposit to secure plant or a subcontract package, a piece of kit to start on site.
- **Credicorp Flex** — a revolving facility to dip into and repay as jobs move through their stages; you pay only for what you draw, not the whole limit.
- **Credicorp Slice** — settle a chunky merchant or supplier bill in full today and repay over a few weeks for a flat fee.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply.
## The company borrows — not you
Plenty of building-trade owners have been asked to put their home on the line for a working-capital facility. Credicorp is built differently: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the contracts and the bank account. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. The company stands on its own trading position. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A small groundworks and civils company — a UK limited company with eight on the books and two subcontract gangs — wins a sub-package on a housing site. Good margin, a trusted developer, but the work needs muck-away, stone and a fortnight of plant hire *before* the first application for payment can be submitted. The merchant wants 30-day terms; plant runs weekly; the gangs are paid every Friday; the developer's first valuation will be assessed and then paid on 45-day terms, with five per cent held as retention. On paper the job is comfortably profitable; in the bank account, the company is funding roughly six weeks of outgoings before a penny comes back — while a retention from last spring is still unreleased.
Rather than turn the work down or lean on the director personally, the company bridges the gap with short-term finance against its own trading position, covering the materials and early labour, and repays as the staged payments arrive. Same job, same margin — the cash was simply there when the work needed it. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can my construction company borrow without a personal guarantee from the director?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director who signs. No personal guarantee, no charge over a home and no personal credit check on a director.
**We need to buy materials before the first valuation is paid. Can funding cover that?**
That is one of the most common reasons trades companies look at short-term finance. A Business Bridging Loan or Credicorp Slice can cover a materials order now, with repayment timed around the staged payments coming in.
**Does retention money held back by a main contractor count against us?**
Retentions are a normal part of construction cash flow. Credicorp looks at the company as a whole rather than securing against any one retention, so money owed but not yet released does not have to stall the next job.
**Are you a bank, and is this regulated consumer credit?**
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001 — business credit, not a regulated consumer credit agreement. It is not for sole traders or personal-name borrowing.
**Can a subcontractor use this, or only main contractors?**
Both, as long as you trade through a UK limited company, LLP or PLC. Subcontractors often feel the squeeze hardest — paying for labour and materials weeks before a main contractor settles.
**Where do I actually apply?**
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/).
## Related sectors
- [Manufacturing](https://creditcorp.co.uk/industries/manufacturing/) — funding a raw-materials run or a large order while customer invoices catch up.
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/) — buying merchant stock in bulk to hit a price break, then bridging the gap until you're paid.
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — covering fuel, plant and wages on long payment terms.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/creative-media/
========================================================================
---
title: "Business funding for creative & media — working capital for UK agencies, studios & production companies"
description: "How short-term business finance fits incorporated UK creative and media companies — agencies and studios, project costs paid up front, kit and crew, and the long lag before a client or platform settles. 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/creative-media/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for creative & media
> A plain-English guide to short-term working capital for incorporated UK creative and media businesses — agencies, design and production studios. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the founder, director, an individual or a sole-trader freelancer. 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/).
## Why creative firms run short on cash
It is rarely about winning the work — agencies and studios are often busy and profitable. It is about timing. In creative and media work the money goes out long before it comes back.
- **Projects are funded before they are billed.** Freelance designers, editors, copywriters, developers and crew invoice you as they work, not when the client pays. Add stock footage, music licences, fonts, print, location fees and post-production, and a serious sum is committed before the first stage invoice goes out.
- **Kit, hire and software stack up.** Cameras, lenses, lighting, grip, audio and edit suites are booked and paid around the shoot dates, not the payment dates — on top of a steady stack of monthly creative software and subscriptions that runs whether or not a client has settled.
- **Clients and platforms settle slowly.** Big brands, broadcasters and agencies routinely pay on 30, 60 or 90-day terms, and the clock often only starts at sign-off. Platform and marketplace payout cycles can be just as long. The cash for work finished weeks ago lands well after you paid to make it.
- **Income is lumpy, costs are not.** A couple of big projects can land in one month, then nothing for weeks; a retainer can pause; a funded pitch can go quiet. Salaries, studio rent, software and the next round of freelancers don't pause with the invoicing.
## Which finance fits a creative business
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed gap: a signed-off production that needs crew and kit before the first stage invoice, a campaign launch with media and freelance costs up front, or a piece of equipment to deliver the job.
- **Credicorp Flex** — a revolving facility to dip into and repay as projects and payouts turn over; you pay only for what you draw, not the whole limit, which suits lumpy creative income.
- **Credicorp Slice** — settle a chunky one-off bill (kit hire, a print run, a licence, a freelance package) in full today and repay over a few weeks for a flat fee.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply.
## The company borrows — not you
Plenty of agency and studio founders have been asked to put their home on the line for a working-capital facility. Credicorp is built differently: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the contracts, the bank account and the client relationships. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. The company stands on its own trading position. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A small video production company — a UK limited company with four permanent staff who buy in freelance crew per shoot — wins a three-film content package for a national brand. Good margin, a client it would love to keep, but the films must be shot and cut *before* a single invoice can be raised on delivery. The shoot needs a DoP, a sound recordist, a gaffer and a runner for three days, plus camera and lighting hire across the same dates; editors and a colourist invoice through post; a music licence and stock footage are paid up front. All of that lands in the company account over about a month. The brand's purchase order pays on 60-day terms, and the clock only starts at final sign-off. On paper the package is comfortably profitable; in the bank account, the company is funding two months of crew, kit and post before the first payment arrives — while a retainer from another client has just paused for a quarter.
Rather than turn the package down or lean on the founder personally, the company bridges the gap with short-term finance against its own trading position, covering the crew, kit hire and post-production, and repays when the brand settles. Same project, same margin — the cash was simply there when the work needed making. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can my agency or studio borrow without a personal guarantee from a director?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director or founder who signs. No personal guarantee, no charge over a home and no personal credit check on a director.
**We have to pay freelancers and a kit hire before the client pays us. Can funding cover that?**
That is the classic creative cash-flow gap. A Business Bridging Loan or Credicorp Slice can cover crew, kit hire and production costs now, with repayment timed around the client invoice or platform payout landing later.
**Our income is lumpy — a few big projects, then quiet weeks. Does that rule us out?**
No. Uneven, project-by-project income is normal in creative work, and it is exactly the shape a revolving facility like Credicorp Flex is built for. Credicorp looks at the company's overall trading position rather than expecting a flat monthly income.
**Can a limited company use this even if most of the team are freelancers?**
Yes, as long as you contract and bank through a UK limited company, LLP or PLC. A small permanent team buying in freelance crew, editors and designers per project is normal — the company is still the borrower, and the freelancers it pays are simply a cost the funding can help cover.
**Are you a bank, and is this regulated consumer credit?**
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001 — business credit, not a regulated consumer credit agreement. It is not for sole-trader freelancers or personal-name borrowing.
**Where do I actually apply?**
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/).
## Related sectors
- [Technology & IT](https://creditcorp.co.uk/industries/technology/) — funding a hire or kit ahead of revenue, and bridging milestone-based client payments.
- [Professional services](https://creditcorp.co.uk/industries/professional-services/) — bridging the lag between billable work done and invoices paid between fee cycles.
- [E-commerce & online](https://creditcorp.co.uk/industries/ecommerce/) — funding ad spend that pays back later, or bridging the wait for marketplace and platform payouts.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/dental/
========================================================================
---
title: "Business funding for dental practices — working capital for UK dental companies"
description: "How short-term business finance fits UK dental companies — a new chair, imaging kit, a surgery fit-out, lab bills, or the lag on plan and insurer payments. The company borrows, never the principal: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/dental/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for dental practices
> How short-term working capital fits a UK dental company — chairs and imaging kit, surgery fit-outs, lab bills, and the lag on plan, insurer and NHS payments. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the principal dentist, an associate 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in a dental practice.
## Where the cash-flow gaps come from
A dental surgery is capital-heavy and income-delayed at the same time: cost goes out in large, lumpy commitments and comes back on someone else's payment cycle. Four pressure points show up again and again:
- **Chairs and imaging kit** — a treatment chair, a digital scanner, an OPG or a CBCT unit is a serious capital item, and clinical kit doesn't wait for a convenient moment to need replacing. The cost lands in one piece long before the appointments earn it back.
- **Surgery fit-out and compliance** — adding a surgery, refurbishing a tired one or meeting current decontamination and cross-infection standards bills all at once, and the room earns nothing while the work is done.
- **Lab bills and consumables** — crowns, bridges, dentures, aligners and implant components come back on the lab's terms, rarely lined up with the day the patient settles or the plan provider remits.
- **The lag on plans, insurers and the NHS** — capitation plans, dental insurers and NHS contract payments all pay on their own cycle, after the treatment is delivered, so a mixed practice is waiting on several payers at once.
## Which kind of finance fits a practice
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: a new chair, a scanner or CBCT unit, a surgery fit-out, bringing an associate room online.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits the dental rhythm: covering lab bills and running costs while plan, insurer and NHS payments catch up, and paying down when they land.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one heavy bill over a few weeks while the supplier or lab is paid in full today. Handy when a large lab bill for a run of implant or aligner cases lands at an awkward point in the month.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many principals have already signed personal guarantees they didn't love — a premises lease, an earlier equipment agreement, a goodwill loan from buying into the practice. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **practice company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a chair or a fit-out.
- **No personal credit check on a director** — the lender looks at the practice, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole-trader associate or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A mixed NHS-and-private practice trading as a UK limited company runs three surgeries. The principal wants to bring a fourth room online and add an intraoral scanner to take more implant and aligner work in-house. The fit-out, cabinetry and scanner all bill within a few weeks of each other — well before the new capacity has seen a patient. At the same time, a busy run of lab work has pushed lab invoices up just as a plan provider's monthly remittance runs a fortnight behind.
Because the fit-out and scanner are a known, one-off cost with a clear payback, a fixed-term Business Bridging Loan to the company covers them together: a known sum, repaid over the months the new room earns it back. The agreement is with the company, so the principal gives no personal guarantee and puts no charge over their home. To smooth the heavier lab bills while the plan payment catches up, a Credicorp Flex facility would let the practice draw and repay as each payer cycle lands.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Dental funding questions
**Can my dental company fund a new chair or imaging kit?** Yes — a chair, a scanner, an OPG or a CBCT unit are exactly the known, one-off costs short-term finance is built around. A Business Bridging Loan to the company tends to fit cleanly. Amounts and terms sit with the lender.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the practice company, not to you as the principal — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can it cover lab bills and consumables while plan payments catch up?** Yes. Bridging the lag between lab invoices and patient, plan or insurer payments is a classic working-capital use. Credicorp Slice can spread a single heavy lab bill; Credicorp Flex suits month-to-month headroom.
**We run a mixed NHS and private list — does that change anything?** The borrower is still the company, whatever the mix of NHS contract, plan-scheme and fee-per-item work. Mixed practices often feel the timing gap most, because income arrives from several payers on several cycles.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole-trader associates. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach the practice account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [Healthcare & dental](https://creditcorp.co.uk/industries/healthcare/) — clinics and care providers with the same equipment outlay and the same wait on plans and the NHS.
- [Beauty & wellness](https://creditcorp.co.uk/industries/beauty/) — another appointment-led trade fitting out treatment rooms and stocking up ahead of the income.
- [Professional services](https://creditcorp.co.uk/industries/professional-services/) — practices bridging the lag between work delivered and fees actually paid.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/ecommerce/
========================================================================
---
title: "Business funding for e-commerce & online — working capital for UK online sellers"
description: "How short-term business finance fits UK e-commerce companies — buying inventory ahead of demand, funding ad spend that pays back later, fulfilment costs, and the cash squeeze of peak season. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/ecommerce/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for e-commerce & online
> How short-term working capital fits a UK e-commerce company — inventory ahead of demand, ad spend, fulfilment, marketplace payout lags and peak season. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://creditcorp.co.uk/products/). This page explains how each tends to be used by an online business.
## Where the cash-flow gaps come from
An online business can look healthy on the dashboard and still run tight on cash: every sale was paid for in advance — the stock, the ads, the pick-and-pack and the postage all leave the account before the customer's money (or the marketplace's payout) arrives. Four pressure points recur:
- **Inventory ahead of demand** — the bestseller has to be in the warehouse before the order lands, and the cheapest unit cost comes from committing to a bigger run early. You pay a factory deposit, a wholesale invoice or an import bill a whole lead time before the stock sells.
- **Ad spend that pays back later** — paid acquisition is a deferred return: you fund Meta, Google or TikTok today and recover it over the following days and weeks. When a campaign is profitable, the only ceiling on scaling it is the cash to keep the budget running ahead of the payback.
- **Fulfilment, 3PL and shipping** — stocking units into a third-party warehouse, prepaid carrier accounts, pick-and-pack, packaging and returns all cost money before the customer pays, and they climb first as volume rises.
- **Peak season and the payout lag** — Black Friday, the Christmas run and big sale events concentrate the year into a few weeks you fund up front, while marketplaces and card processors settle on a delay (sometimes holding a reserve) right when cash is tightest.
## Which kind of finance fits an online store
The detail — amounts, pricing, terms — lives on the [products page](https://creditcorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://creditcorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off buy: a peak-season stock order, a factory deposit on a new line, a bulk-buy to hit a price break, or a one-off fulfilment ramp.
- **[Credicorp Flex](https://creditcorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits e-commerce's natural rhythm: pushing ad budget while a campaign is winning, topping up bestsellers in waves, and dipping into the marketplace payout cycle then paying down as settlements clear.
- **[Credicorp Slice](https://creditcorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when a manufacturer's production-run bill, or a packaging or 3PL invoice, lands at an awkward moment.
The journey end to end is on the [how-it-works overview](https://creditcorp.co.uk/how-it-works/).
## The company borrows — not you
Online founders bootstrap on their own plastic more than most — the first ad budgets, the first stock order and the early supplier accounts often ride on a personal card or a director's own credit. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for inventory or ad spend.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A direct-to-consumer homeware brand trading as a UK limited company sells through its own Shopify store and an Amazon listing. Heading into Q4, two pressures stack up: the supplier needs a deposit now on a larger production run so the hero product is in stock before Black Friday (commit late and the lead time means missing the peak), and last year's data shows the paid campaigns return well through November — but only if the budget can keep running ahead of conversions, while Amazon payouts settle a fortnight in arrears just as spend is highest.
Because the stock buy is one-off and the payback is clearly the peak ahead, a fixed-term Business Bridging Loan to the company covers the production deposit: a known sum, repaid over the trading weeks that earn it back. For the moving target of ad spend and the marketplace payout lag, a Credicorp Flex facility lets the company draw as campaigns scale and pay down as settlements clear — without a new loan each week. Both agreements are with the company, so the founder gives no personal guarantee and puts no charge over their home.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## E-commerce funding questions
**Can my online business borrow to buy inventory before a peak?** Yes — buying stock ahead of demand is the classic e-commerce gap. A Business Bridging Loan suits a single known inventory buy; Credicorp Flex suits a store that restocks bestsellers in waves. Specifics live with the lender.
**Can I use it to fund ad spend that pays back later?** Yes. Paid acquisition is working capital: you pay the platforms today and recover it over the following weeks. Credicorp Flex tends to suit ad spend well, because you draw as you scale a winning campaign and pay down when returns land.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**I sell through Amazon and other marketplaces and get paid on a delay — does that fit?** It fits well. Marketplaces and processors settle on a lag, sometimes holding a reserve, so you've paid for stock, fees and fulfilment before the payout clears. A revolving Credicorp Flex facility is built for a payout cycle you dip into and repay as settlements arrive.
**Can it cover fulfilment, 3PL fees or warehousing ahead of a busy spell?** Yes. Stocking units into a 3PL, prepaying carrier or pick-and-pack costs, or extra storage before a peak are all working-capital uses. A fixed-term Bridging Loan suits a known ramp; Flex suits costs that rise and fall with volume.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
## Related sectors
- [Retail & shops](https://creditcorp.co.uk/industries/retail/) — the same stock-ahead-of-a-season gap, on the high street rather than online.
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/) — the suppliers behind your inventory, buying in bulk to hit a price break.
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — the fulfilment and delivery side, carrying fuel and wages on long payment terms.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/education-training/
========================================================================
---
title: "Business funding for education & training — working capital for UK colleges, training providers & tutoring companies"
description: "How short-term business finance fits UK education and training companies — funding course development before enrolments, equipment and kit, and the gap before termly fees arrive. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/education-training/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for education & training
> How short-term working capital fits a UK education company — course development before enrolments, equipment and kit, and the gap between termly fee cycles. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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 tutor. 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, and nothing to do with student or learner finance. See [Lending and regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in education and training.
## Where the cash-flow gaps come from
In education the spending is steady and the income is lumpy and seasonal. Four pressure points show up again and again — whether you run a private college, a training provider or a tutoring company:
- **Course development, up front** — authoring materials, accreditation or awarding-body sign-off, filming online modules, building courses into an LMS and paying the subject expert all land months before the first learner pays a fee.
- **Termly fee cycles** — income arrives in two or three lumps a year tied to terms or intakes, while tutor salaries, premises, awarding-body subscriptions and software run every month. The weeks before a term's fees clear are the tightest.
- **Equipment, kit and IT** — laptops for a digital cohort, chairs for a hair or beauty academy, tools or a workshop for a trades programme, lab kit, an LMS upgrade or a teaching-room refit are known, one-off outlays before the cohort that pays for them starts.
- **Scaling intakes and new sites** — a bigger cohort, a second training centre or a new campus multiplies deposits, staffing and equipment before it multiplies fee income.
## Which kind of finance fits a teaching business
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off project: developing and accrediting one course, kitting out a training room, buying a cohort's laptops, or a fixed deposit on a new site.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits the termly rhythm: drawing down to cover salaries and premises through the quiet weeks before a term's fees arrive, then paying back once they clear.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Useful when an awarding-body renewal, an annual LMS licence or an exam-board bill lands between intakes.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many college principals and training-provider owners have already put their own name to a premises lease, an awarding-body agreement or a software contract. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a course build or a cohort's laptops.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole-trader tutor or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit, and nothing to do with student or learner finance. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A vocational training provider trading as a UK limited company wants to launch an accredited digital-skills course for a September intake. The work starts in spring — paying a subject expert to write the syllabus, putting it through the awarding body, building the modules into its LMS and buying laptops for the first cohort — all paid for months before a single enrolment fee arrives, while the existing courses still cover staff and premises through a thin summer.
Because the course build and the laptops are a known, one-off project with a clear payback — the September cohort and the intakes that follow — a fixed-term Business Bridging Loan to the company fits the development and the kit together: a known sum, repaid over the terms that earn it back. The agreement is with the company, so the owner gives no personal guarantee and puts no charge over their home. To smooth the lean summer weeks before autumn fees clear, a Credicorp Flex facility would let them draw down for payroll and pay it back once the term's income lands.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Education funding questions
**Can my training company fund a new course before anyone has enrolled?** Yes — building a course is classic up-front spend. A Business Bridging Loan suits a single course you can put a figure on; Credicorp Flex suits a provider building a rolling pipeline of new courses. The lender sets what fits.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**We are paid termly — can finance bridge the gap between terms?** Yes — that gap is exactly what short-term working capital is for. Credicorp Flex is built for the rhythm: draw down to cover the quiet weeks before a term's fees arrive, then pay back once they do.
**Can I use it for equipment, kit and IT?** Yes. Laptops, salon chairs, lab or workshop kit, an LMS upgrade or a teaching-room refit are all working-capital uses; a fixed-term Bridging Loan often fits a kit purchase cleanly.
**Is this a student loan or consumer credit?** Neither. This is business credit to a body corporate — your education company — not consumer credit, and nothing to do with learner finance or student loans. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach my business account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [Professional services](https://credicorp.co.uk/industries/professional-services/) — another people-led business bridging the lag between work done and fees paid.
- [Technology & IT](https://credicorp.co.uk/industries/technology/) — the same up-front build before the revenue, with kit to fund for each new contract.
- [Beauty & wellness](https://credicorp.co.uk/industries/beauty/) — appointment-led and kit-heavy, the natural cousin of a hair or beauty academy.
Browse the whole set on the [industries hub](https://credicorp.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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/fitness/
========================================================================
---
title: "Business funding for fitness & leisure — working capital for UK gyms, studios & clubs"
description: "How short-term business finance fits incorporated UK fitness and leisure companies — equipment, fit-out, refits and membership seasonality. 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/fitness/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for fitness & leisure
> A plain-English guide to short-term working capital for incorporated UK fitness and leisure businesses — gyms, studios, health clubs and leisure operators. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
## Why fitness businesses run short on cash
It is rarely about a quiet venue or a weak offer — it is about a heavy fixed cost meeting an income that rises and falls with the calendar.
- **Equipment is expensive and wears out on its own schedule.** Cardio kit, resistance rigs, free weights, spin bikes and studio sound are capital assets members judge you on every visit. A failed treadmill or a tired rig is a cancellation risk, not just a repair — and replacement is a large, lumpy cost that rarely lands when the bank balance would choose it.
- **Fit-out and refits come in big single hits.** Flooring, mirrors, changing rooms, a new functional-training zone or a reception remodel are one-off projects with a contractor invoice attached — a sizeable sum up front, long before the extra joiners they attract start paying.
- **Membership income is seasonal — sharply so.** January and the new term bring a wave of joiners; spring and summer thin out as resolutions fade and members head outdoors. Annual and rolling memberships smooth some of it, but the income curve still dips while costs stay flat.
- **The cost floor never takes a quiet month.** Rent, business rates, energy (stubborn for a venue full of machines and showers), instructor and class fees and insurance all fall due every month regardless of footfall. When income dips below that floor for a stretch, even a healthy club can feel a genuine working-capital squeeze.
## Which finance fits a fitness business
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed cost: replacing a bank of cardio machines before the January rush, funding a studio fit-out, or covering an urgent equipment failure.
- **Credicorp Flex** — a revolving facility to ride the season on; draw through the quiet summer and repay as joiners return, paying only for what you draw, not the whole limit.
- **Credicorp Slice** — settle a chunky equipment, fit-out or software bill in full today and repay over a few weeks for a flat fee.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply.
## The company borrows — not you
Plenty of gym and studio owners have been asked to put their home on the line for an equipment loan or a fit-out facility. Credicorp is built differently: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the lease, the equipment and the membership base. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. The company stands on its own trading position. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A single-site boutique gym — a UK limited company with a strong local following, a row of treadmills, a free-weights area and a busy studio timetable — comes out of a record January and February, then watches the usual thing happen: by May the casual joiners have melted away, the early classes are two-thirds full, and the income curve settles into its summer trough.
Two pressures land at once. Three older treadmills are failing — members have started to comment, and a competitor has just refitted — so the company wants to replace a bank of cardio kit before the autumn term. At the same time, the quiet summer means there is less in the account than there will be once September and January bring joiners back. On paper the gym is comfortably profitable across the full year; in the bank account, the equipment cost and the seasonal dip have collided in the same quarter.
Rather than defer the kit or lean on the director personally, the company funds the cardio replacement with short-term finance against its own trading position, and rides the quiet months on a facility it draws down and repays as members return. The new machines are on the floor for autumn; the summer dip is smoothed rather than survived. Same business, same annual numbers — the cash was simply there when the floor and the season needed it. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can my gym or studio borrow without a personal guarantee from the director?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director who signs. No personal guarantee, no charge over a home and no personal credit check on a director.
**A piece of equipment has failed and members are noticing. Can funding cover an urgent replacement?**
That is one of the most common reasons a fitness business looks at short-term finance. A Business Bridging Loan or Credicorp Slice can cover a replacement treadmill, rig or spin bike now, with repayment timed around the income that follows.
**Our membership income dips badly after the January rush. Can finance smooth that?**
Membership seasonality is the defining cash-flow shape of this sector. Credicorp Flex is a revolving facility you can draw on through the quiet months and repay as joiners return, so a predictable dip does not force you to cut classes, staff hours or marketing.
**Can the funding help with a fit-out or studio refit?**
Yes. A fit-out is a known cost you can name — a Business Bridging Loan suits a one-off project, while Credicorp Slice can spread a single contractor or supplier bill over a few weeks.
**Are you a bank, and is this regulated consumer credit?**
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001 — business credit, not a regulated consumer credit agreement. It is not for sole traders or personal-name borrowing.
**Where do I actually apply?**
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/).
## Related sectors
- [Beauty & wellness](https://creditcorp.co.uk/industries/beauty/) — refitting a treatment space, stocking retail lines and funding an appointment-led business through its quieter weeks.
- [Hospitality & food](https://creditcorp.co.uk/industries/hospitality/) — covering a slow January, refitting a venue and stocking up before a busy season.
- [Retail & shops](https://creditcorp.co.uk/industries/retail/) — buying stock ahead of a peak and smoothing the gap between paying suppliers and ringing the till.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/food-production/
========================================================================
---
title: "Business funding for food production — working capital for UK food producers, bakeries & manufacturers"
description: "How short-term business finance fits UK food production companies — buying ingredients in bulk, funding new equipment or cold storage, and bridging long supermarket payment terms. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/food-production/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for food production
> How short-term working capital fits a UK food production company — bulk ingredients, equipment and cold storage, seasonal builds, and bridging long supermarket payment terms. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in food production.
## Where the cash-flow gaps come from
In food production the money leaves the business at the start of the chain and comes back at the very end of it. Four pressure points show up again and again:
- **Ingredients and raw materials, bought ahead** — flour, dairy, sugar, meat, packaging and a harvest-priced crop are cheapest when you commit early and in volume, so a producer or bakery often pays for a run of raw materials weeks before the finished product is made, sold and despatched.
- **Supermarket and wholesale payment terms** — a multiple or national wholesaler can take 30, 60 or even 90 days to pay, while your ingredient, energy and wage bills won't wait. That lag is the single most common squeeze in the trade.
- **Equipment, ovens and the production line** — a new mixer, prover or oven, a packing and labelling line, or an upgrade to meet a customer's spec is a one-off cost with a clear payback, but the bill lands all at once and the downtime to install it can't ship product.
- **Cold storage and chilled capacity** — a blast chiller, walk-in freezer or extra cold-store capacity is the difference between fulfilling a bigger order and turning it away, and between product you can sell and product you write off.
## Which kind of finance fits a food business
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: a bulk ingredient run, a new oven or chiller, a packing line, or the capacity to fulfil a new supermarket listing.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits food production's buy-make-ship rhythm: buying ingredients in waves, building up for a seasonal peak, and bridging each batch of slow-paying invoices.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when an ingredient or packaging bill lands before your own customer has paid.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many food founders have already signed personal guarantees they didn't love — a unit lease, an equipment lease, a packaging account. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a batch of ingredients or an oven.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A bakery trading as a UK limited company wins its first regional supermarket listing for a range of speciality loaves. The order is larger than anything it has run before: it needs a bulk flour and packaging buy up front, a second prover to lift output, and a little extra chilled storage to hold finished stock before each delivery slot. The supermarket pays on 60-day terms — so the ingredient and equipment bills land two full months before the first payment arrives.
Because the equipment cost is one-off and known, a fixed-term Business Bridging Loan to the company covers the prover and the chiller — a set sum, repaid over the months the new listing earns it back. To bridge the recurring 60-day gap on each ingredient run, a Credicorp Flex facility lets the bakery draw as it buys and pay down as the supermarket settles, without arranging fresh finance every cycle. Both agreements are with the company, so the owner gives no personal guarantee and puts no charge over their home.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Food production funding questions
**Can my food company borrow to buy ingredients or raw materials in bulk?** Yes — a bulk ingredient or raw-materials run is one of the most common reasons a producer uses short-term finance. A Business Bridging Loan suits a single known buy; Credicorp Flex suits a manufacturer that buys in repeating waves.
**We supply supermarkets on 60-day terms — can finance bridge that wait?** That gap is exactly what short-term working capital is for. A multiple or wholesaler can take 30, 60 or more days to pay while your ingredient bills, wages and energy costs fall due first; bridging the lag keeps the line running.
**Can I use it for new equipment, an oven, or cold storage?** Yes. A new mixer, prover or oven, a packing or labelling line, a blast chiller, a walk-in freezer or extra chilled-storage capacity are all working-capital uses; a fixed-term Bridging Loan often fits a single equipment purchase cleanly.
**Our demand is seasonal — does that change anything?** No. Many food businesses spike around Christmas, Easter or summer and buy ingredients and packaging months ahead. The borrower is still the company, and a facility you draw on as each build approaches — then pay down once orders ship — tends to fit better. Credicorp Flex is built for that.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach my business account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [Manufacturing](https://credicorp.co.uk/industries/manufacturing/) — the same raw-material-run and big-order squeeze, with customer invoices to wait on.
- [Hospitality & food](https://credicorp.co.uk/industries/hospitality/) — the kitchens and counters your product feeds, with feast-and-famine, seasonal cash flow.
- [Wholesale & distribution](https://credicorp.co.uk/industries/wholesale/) — the buyers and distributors who take your pallets and pay on terms.
Browse the whole set on the [industries hub](https://credicorp.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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/healthcare/
========================================================================
---
title: "Business funding for healthcare & dental — working capital for UK practices"
description: "How short-term business finance fits UK healthcare and dental companies — equipment, surgery fit-out, refits and the lag before plans, insurers or the NHS pay. 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/healthcare/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for healthcare & dental
> How short-term working capital fits incorporated UK healthcare and dental businesses — private practices, equipment, surgery fit-out and payor lag. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## The sector in one line
A practice does the work today and is paid on someone else's timetable — a plan provider, a private medical insurer, the NHS. Short-term finance covers the in-between, and on every product the **company** borrows, never the clinician. No personal guarantee.
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the principal dentist, GP or clinician who signs. 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, and it is not for sole traders or personal loans. See [Lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## Why healthcare & dental companies hit working-capital gaps
- **Payor lag is the headline.** A mixed practice can be owed money at once by patients on a payment plan, a plan provider, private medical insurers and the NHS through UDA or contract reconciliation. Each settles on its own cycle; none move because your lab invoice is due.
- **Equipment is expensive and time-sensitive.** Intraoral scanners, CBCT and imaging units, chairs, lasers, autoclaves — large, lumpy outlays, and a failed steriliser or dead chair can stop a surgery trading the same day.
- **Fit-out and refurbishment come in stages.** A new surgery, an extra treatment room, a squat conversion or a refresh all cost up front and earn back slowly — including compliance work: ventilation, X-ray shielding, infection-control plumbing, CQC-ready layouts.
- **The team gets paid on time, whatever the payers do.** Associates on a percentage, hygienists, nurses, reception and lab fees are fixed costs that don't wait for receivables to land.
## The kinds of finance that fit a practice
These products are for working capital, not for buying the practice itself or for long-term asset purchases. Detail and current terms live on the operator site — no rates are quoted here.
- **A one-off, known cost → [Business Bridging Loan](https://credicorp.co.uk/business-loans/).** An equipment deposit, a fit-out stage, a steriliser replacement, a single large lab run — a fixed sum for a fixed, short term when you can see the receivable that clears it.
- **Recurring, uneven payor-lag gaps → [Credicorp Flex](https://credicorp.co.uk/business-credit-facility/).** A revolving line the company draws on when insurer and NHS remittances are slow, repays when they land, and draws again next cycle — interest only on what is drawn.
- **A single chunky supplier or lab invoice → [Credicorp Slice](https://credicorp.co.uk/credicorp-slice/).** Spread one specific bill over a few weeks for a flat fee, with the supplier paid in full today.
See the plain-English [products overview](https://creditcorp.co.uk/products/) or [compare the three](https://credicorp.co.uk/compare/).
## The company borrows — not the clinician
Most principals have already put their name on the line: a personally guaranteed practice-purchase loan, equipment on a personal-guarantee lease, and a clinician's own credit file that indemnity, registration and future borrowing all lean on. Stacking a working-capital facility on top of that, in the director's own name, is exactly what a careful owner wants to avoid. With Credicorp the agreement is with the **company** — no personal guarantee, no charge over a home, no personal credit check on a director.
## A worked example (illustrative)
A mixed NHS-and-private dental practice runs as a limited company. Its autoclave fails on a Monday; two surgeries can't run. A quarter's NHS reconciliation and plan-provider remittances are weeks out, the lab account is due, and payroll lands Friday. The principal won't dip into the savings that backstop the practice-purchase loan and won't sign another personal guarantee. The **company** takes a short-term facility, replaces the steriliser, covers the lab account, keeps both surgeries open and the team paid — then clears the facility when the NHS and plan payments land. The director's name was never on the agreement; no charge touched their home.
Illustrative only, with no figures or rates implied. Whether a facility suits your practice, and on what terms, is decided by the lender on the day at [credicorp.co.uk](https://credicorp.co.uk/).
## Healthcare & dental funding questions
- **No personal guarantee?** Correct — Credicorp lends to the company, not the director. No personal guarantee, no charge over a home, no personal credit check on a director.
- **What can it fund?** Working capital: bridging payor lag; payroll and lab fees while receivables catch up; an equipment deposit or instalment; a fit-out or refurbishment stage. Not the practice purchase itself or long-term asset buys.
- **Does NHS/insurer lag fit?** Yes — that gap is exactly what these products are built around.
- **Is it consumer credit?** No — exempt business lending to bodies corporate only, under Article 60B of the FSMA Regulated Activities Order 2001. Not a personal loan, not for sole traders.
- **Which product?** One-off known cost → Bridging Loan; recurring payor-lag gaps → Flex; a single bill to spread → Slice.
- **Does this site take applications?** No — applying and account management happen on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/).
## Related sectors
- [Professional services](https://creditcorp.co.uk/industries/professional-services/) — fee-cycle and billing-lag funding.
- [Beauty & wellness](https://creditcorp.co.uk/industries/beauty/) — appointment-led aesthetic clinics.
- [Retail & shops](https://creditcorp.co.uk/industries/retail/) — for a dispensing or product side.
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/hospitality/
========================================================================
---
title: "Business funding for Hospitality & food — working capital for UK restaurants, cafes & pubs"
description: "How short-term business finance fits incorporated UK hospitality — restaurants, cafes and pubs. Cover a quiet stretch, refit a kitchen, or stock ahead of a busy season. 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/hospitality/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for Hospitality & food
> Working capital for incorporated UK restaurants, cafes and pubs — covers, kitchen kit, refurbishment and seasonal swings. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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://creditcorp.co.uk/lending-and-regulation/).
These products are **not** personal loans, payday loans or sole-trader finance. If you run a restaurant, cafe or pub through a registered company, they are built for you.
## Why hospitality cash flow runs hot and cold
Few trades feel cash flow as sharply as food and drink. Money goes out daily — produce, stock, wages, gas, rent — while takings arrive a table at a time and lurch with the weather, the calendar and the night of the week. A strong December can be followed by a January that barely covers the lights.
- **Takings swing, costs don't.** Covers rise and fall with the season; rent, wages and standing charges land on the same day regardless.
- **You buy before you sell.** Stocking a cellar for a wedding season or laying in produce for a fully booked weekend means the spend comes first and the takings follow.
- **The kitchen always wants something.** A walk-in fridge, a cooker line, extraction, glasswashers, coffee machines, EPOS — equipment doesn't break to a budget, and a failure can stop service.
- **Refit & refresh.** A tired dining room, a new front-of-house look, or a kitchen layout that no longer copes with the covers.
- **Supplier terms.** A deposit on a big drinks order, or a bulk buy that earns a better price if you can pay up front.
## The kinds of finance that fit
The detail — amounts, pricing, terms — lives on the [products page](https://creditcorp.co.uk/products/) and the lender's own site. This is how the three tend to be used over a bar or a pass.
- **A one-off, dated gap → [Business Bridging Loan](https://creditcorp.co.uk/products/).** A walk-in fails and service can't wait, or a big function needs stocking now with the deposit landing later. You know the figure and roughly when takings clear it.
- **Season-to-season swings → [Credicorp Flex](https://creditcorp.co.uk/products/).** A limit to dip into when it's quiet, repaid when it's busy, paying only for what you actually draw — without re-applying each time.
- **A supplier bill to spread → [Credicorp Slice](https://creditcorp.co.uk/products/).** A drinks wholesaler, an equipment invoice or a refit bill is paid in full today; the company repays over a few weeks.
Credicorp is a short-term business lender, not an asset-finance company or a bank. It funds the **company's** working capital rather than securing the cooker, the cellar stock or the lease.
## Why "no personal guarantee" matters in hospitality
Hospitality owners are often already exposed in their own name — a personal guarantee on the lease, equipment on hire purchase, maybe a brewery tie or a deposit bond. With Credicorp the agreement is between the lender and your **company**:
- **No personal guarantee** — the director doesn't stand behind the debt.
- **No charge over a home** — your house isn't security for a restaurant's working capital.
- **No personal credit check** on the director's own file — the lender looks at the company.
- **Your other commitments stay separate** — an existing lease, tie or HP agreement doesn't automatically rule you out.
## A worked example (illustrative only)
A town-centre bistro run through a limited company trades strongly from spring to Christmas, then January halves the covers while rent, wages and standing charges carry on. The walk-in fridge gives out and has to be replaced before the kitchen reopens, and a brewery deposit is due to lock in the spring drinks order at a better price — both sensible spends that fall in the worst month.
Because the borrowing would sit with the company, the bistro looks at a revolving **Credicorp Flex** facility: a limit it can draw on through the quiet weeks, repay as spring takings build, and dip into again next winter without re-applying. The director's home never enters the conversation. Amounts, pricing and eligibility are set by the lender when the company applies — this page doesn't quote, price or approve anything.
## Hospitality funding questions
**Can a limited-company restaurant or pub get funding without a personal guarantee?**
Yes. Credicorp lends to the company, not to the director personally — no personal guarantee, no charge over a home and no personal credit check on a director. That matters where directors already have a lease, equipment finance or a brewery tie in their own name.
**We're busy in summer and quiet in January. Which product suits seasonal swings?**
A revolving facility like Credicorp Flex tends to fit feast-and-famine trade: draw when takings dip, repay as the season picks up, and pay only for what you draw. A one-off Bridging Loan suits a single dated gap; Credicorp Slice spreads a specific supplier bill.
**Can we fund a kitchen refit or new equipment?**
Short-term working capital can cover the cash side of a refit, a replacement cooker line, refrigeration, an EPOS upgrade or a front-of-house refresh. Credicorp funds the company rather than securing the kit itself.
**Does a brewery tie, lease or existing equipment finance stop us borrowing?**
Not in itself. Because the borrowing sits with the company and there is no personal guarantee or charge over a home, a tied pub or a leasehold cafe can still be a fit. The lender looks at the company when it reviews an application.
**How quickly could funds reach the business account?**
Applications, checks and signing all happen on the lender's own site. Credicorp typically releases approved funds to the business bank account the same working day when the agreement is signed in good time. Exact timing and terms are confirmed at credicorp.co.uk.
**Is this a consumer loan or a payday loan for the owner?**
No. This is exempt business lending to a body corporate — not consumer credit, not a sole-trader loan and not a personal or payday loan.
## Related sectors
- [Retail & shops](https://creditcorp.co.uk/industries/retail/) — stocking ahead of a busy season and smoothing supplier timing.
- [Beauty & wellness](https://creditcorp.co.uk/industries/beauty/) — appointment-led trade, refits and retail lines.
- [Fitness & leisure](https://creditcorp.co.uk/industries/fitness/) — membership cash flow that dips and spikes with the seasons.
## 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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/import-export/
========================================================================
---
title: "Business funding for import & export — working capital for UK importers and traders"
description: "How short-term business finance fits UK import and export companies — stock paid before it sells, shipping and duty up front, FX timing and long container lead times. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/import-export/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for import & export
> How short-term working capital fits a UK import or export company — stock paid before it sells, shipping and duty up front, FX timing and long container lead times. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in import and export.
## Where the cash-flow gaps come from
Trade money leaves the business early and in big, lumpy commitments, then comes back slowly as stock is sold through. Four pressure points show up again and again:
- **Stock paid for before it sells** — wholesalers and traders commit to a whole shipment up front. Overseas suppliers want a deposit to start production and the balance before goods leave, so the business funds an entire container long before a single carton is invoiced to a customer.
- **Shipping and duty up front** — the goods are only part of the bill. Sea or air freight, insurance, import duty and the VAT at the port all fall due around arrival, before the stock has earned a penny, and they land all at once.
- **FX timing** — pay a supplier in dollars or euros today, get paid in sterling weeks later, and the timing alone can force an awkward conversion just to free up cash. The simpler problem underneath the exposure is money going out in one currency well ahead of money coming in.
- **Container lead times** — production time plus weeks at sea means cash can be locked away for months between paying a maker and selling what arrives. A delayed sailing or a customs hold stretches the gap, and the next order's deposit is often due before the last container has cleared.
## Which kind of finance fits a trader
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a single shipment you can put a figure on: one container of stock, the freight and duty with it, a one-off bulk buy to hit a price break.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits a trader whose money is always part-way through a shipping cycle, with one container being paid for while the last is still selling through.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one invoice over a few weeks while it is paid in full today. Handy when a supplier's balance, a freight forwarder's account or a duty bill lands at an awkward point in the cycle.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Traders already put large sums on the line for suppliers, forwarders and HMRC, and many have signed personal guarantees they didn't love. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a container of stock.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* An importer trading as a UK limited company brings in homeware and kitchenware from Asia and sells it on to independent retailers. To hit the supplier's price break it commits to a full container, paying a deposit to start production and the balance before the goods sail. On top of the goods, the freight, insurance, import duty and VAT all fall due around arrival — weeks before the retailers it supplies will settle their own invoices, and longer still before the container has sold through.
Because this is one known shipment with a clear sell-through behind it, a fixed-term Business Bridging Loan to the company covers the goods, freight and duty as a single sum, repaid over the weeks the stock takes to clear. The agreement is with the company, so the owner gives no personal guarantee and puts no charge over their home. As the business settles into a steady rhythm of overlapping containers, a Credicorp Flex facility would let it draw against the next shipment while the last is still selling — without starting a fresh application each time.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Import & export funding questions
**Can my import company borrow to pay for a container of stock before it sells?** Yes — paying for goods, freight and duty before the stock clears your warehouse is the classic import working-capital gap. A Business Bridging Loan suits a single known shipment; Credicorp Flex suits an importer running a steady stream of containers.
**Does the finance cover shipping, duty and VAT — not just the goods?** It is working capital, so the company decides how to use it. Importers face the supplier invoice, freight, insurance, duty and the VAT at the port more or less together, well before a customer pays — a short-term bridge can span that whole stack.
**How does the long lead time on a container affect the funding I need?** Ocean freight can mean weeks at sea on top of production time, so cash can be tied up for months. The longer the lead time, the longer the gap a facility has to span — a revolving Credicorp Flex line tends to suit traders whose money is always part-way through a cycle.
**We get paid in one currency and pay suppliers in another — can finance help with FX timing?** Credicorp does not deal in foreign exchange, but the cash-flow side of FX timing is exactly what short-term finance smooths. A bridge means you are not forced to convert at an awkward moment just to free up cash; pair it with your own FX provider.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
## Related sectors
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/) — the next link in the chain, buying in bulk to hit a price break and waiting on stockists to pay.
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — the freight and haulage that move a container inland, carrying their own long payment terms.
- [E-commerce & online](https://creditcorp.co.uk/industries/ecommerce/) — importing inventory before a peak, with marketplace payouts to wait on.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/landscaping/
========================================================================
---
title: "Business funding for landscaping & grounds — working capital for UK landscaping companies"
description: "How short-term business finance fits UK landscaping and grounds-maintenance companies — buying plants and materials before a job is paid, funding a mower or mini-digger, and bridging a quiet winter. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/landscaping/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for landscaping & grounds
> How short-term working capital fits a UK landscaping or grounds-maintenance company — materials before payment, machinery, seasonal demand and contract timing. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in the green trade.
## Where the cash-flow gaps come from
In landscaping the money goes out in a lump at the start of a job and the seasons, and comes back slowly at the end. Four pressure points show up again and again:
- **Materials and plants before payment** — turf, topsoil, aggregates, paving, timber, fencing and planting stock all have to be bought and on site before a build begins, yet a domestic client pays in stages and a commercial final account can run weeks past completion.
- **Machinery and plant** — a ride-on mower, mini-digger, chipper, stump grinder, tipper or trailer is a sizeable outlay, but you can't take the work without the kit; the cost lands up front while the earnings come over the jobs that follow.
- **Seasonal demand** — grass-cutting rounds and soft-landscaping fall away in winter and ground works stall in hard weather, yet vehicles, yard rent and a skilled crew carry on costing money before spring's rush of work bills.
- **Contract timing on grounds maintenance** — grounds-care contractors carry recurring work for councils, estates and managing agents who pay on monthly terms, while wages, fuel and consumables go out weekly.
## Which kind of finance fits a landscaping firm
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: the full material order for a big build, a mower or mini-digger, a deposit on a large commercial scheme.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits the seasonal, multi-job rhythm: funding several jobs at once, drawing down through a quiet winter and paying back as spring fills up.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when a builders' merchant or turf-and-aggregates bill for one job lands at an awkward moment.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many landscapers have already signed personal guarantees they didn't love — a van lease, an equipment HP deal, a builders' merchant account. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for turf and paving.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A landscaping firm trading as a UK limited company wins a large garden build for a new housing development, due to start in early spring. The job needs paving, turf, topsoil, planting and fencing on site before the first stage payment, and the contract settles the bulk of its value on completion several weeks later. At the same time the company's old ride-on mower is on its last season, and the grass-cutting rounds it services resume the moment the weather turns.
Because the build is a known job with a clear payback at completion, a fixed-term Business Bridging Loan to the company funds the material order and the new mower together: a known sum, repaid over the weeks until the final account is settled. The agreement is with the company, so the owner gives no personal guarantee and puts no charge over their home. If a run of smaller spring jobs then land at once, a Credicorp Flex facility would let them draw again for materials without starting over.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Landscaping funding questions
**Can my landscaping company fund plants and materials before the client pays?** Yes — that gap is the most common reason landscapers reach for short-term finance. A Business Bridging Loan suits a single large material order tied to one job; Credicorp Flex suits a contractor juggling several at once.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can I use it to buy a mower, a mini-digger or other machinery?** Yes. A ride-on mower, mini-digger, chipper, stump grinder, trailer or tipper are all working-capital uses; a fixed-term Bridging Loan often fits a single purchase cleanly.
**How do I get through a quiet winter?** A revolving Credicorp Flex facility lets the company draw down through the lean weeks and pay back as spring contracts and grass-cutting rounds pick up again, rather than arranging fresh finance every winter.
**I hold long grounds-maintenance contracts — does that help?** A book of recurring grounds contracts is exactly the kind of steady income short-term working capital is built around; the pressure is usually timing — paying the crew and fuel monthly while a council or agent settles on its own terms.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
## Related sectors
- [Construction & trades](https://creditcorp.co.uk/industries/construction/) — the same buy-materials-before-the-valuation gap, on a build-site scale.
- [Agriculture & farming](https://creditcorp.co.uk/industries/agriculture/) — another outdoor, seasonal trade with a long gap between outlay and the season's return.
- [Property & lettings](https://creditcorp.co.uk/industries/property/) — the grounds and outdoor works behind estates and lettings, funded between tenancies.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/logistics/
========================================================================
---
title: "Business funding for logistics & transport — working capital for UK haulage, courier & warehousing companies"
description: "How short-term business finance fits UK logistics and transport companies — fuel and wages on long payment terms, fleet repairs, warehousing and contract ramp-ups. 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/logistics/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for logistics & transport
> How short-term working capital fits UK haulage, courier, removals and warehousing companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the director, an individual, an owner-driver 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://creditcorp.co.uk/lending-and-regulation/).
## Why transport firms hit working-capital gaps
Few trades feel the gap between spending money and being paid as sharply as logistics. The diesel goes in today; the invoice clears in two months. Four pressures recur:
- **Fuel paid before you're paid** — diesel is often a fleet's biggest variable cost, settled at the pump or on a weekly fuel-card statement, not when the job invoices. More miles means a higher fuel bill immediately, while the revenue sits on the customer's terms.
- **A fleet that has to stay on the road** — a vehicle off the road earns nothing and still costs finance, insurance and a driver's time. A turbo, clutch, tyres, a failed MOT or a trailer repair can't wait for next month's receipts.
- **Long, customer-set payment terms** — logistics often accepts 30, 60 or 90-day terms from larger shippers and freight forwarders while drivers are paid weekly or monthly and fuel suppliers want settling now.
- **Warehousing and contract ramp-ups** — a new contract or peak run costs money up front (agency drivers, extra fuel, racking, pallet space, a short lease, a forklift deposit) long before the contract revenue lands.
## The kind of finance that fits
Detail and current terms live on the [products page](https://creditcorp.co.uk/products/) and on the lender's site — no rates are quoted here.
- **[Business Bridging Loan](https://creditcorp.co.uk/products/)** — a single lump sum for a known cost and a known date: a major engine repair, fleet tyres, a trailer deposit, or the fuel and wages for one big run.
- **[Credicorp Flex](https://creditcorp.co.uk/products/)** — a revolving facility you draw on, repay and draw again, for an up-and-down cash cycle; you pay only on what you've drawn.
- **[Credicorp Slice](https://creditcorp.co.uk/products/)** — splits a single supplier invoice (a parts order, a service plan, racking) into a few instalments; the supplier is paid in full today, your company repays over weeks for a flat fee.
## The company borrows — not you
This matters more in transport than most trades. Vehicles are already tied up in HP and lease agreements, and a director who has personally guaranteed lease after lease is stretched thin before a working-capital line is even discussed. The agreement is between Credicorp and your **company**:
- **No personal guarantee** — your home, savings and family finances stay out of it.
- **No charge over a home** — nothing is secured against where you live.
- **No personal credit check on a director** — the company's standing is what matters.
- **It doesn't touch your vehicle finance** — this is unsecured short-term working capital, separate from the HP and leases already on your fleet.
The full regulatory position is on the group site: [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*A made-up illustration, not a real customer.*
A Midlands haulage company — a limited company running eight tractor units — wins a six-month contract moving palletised goods for a national retailer. Good margin, dependable volume. The catch: the retailer pays on 60-day terms, and the contract needs two extra agency drivers and a jump in fuel from day one. For the first two months the company pays drivers weekly and settles its fuel-card statement while not a penny of the new contract has landed; a van also picks up a gearbox fault and is off the road. Short-term working capital bridges the ramp-up — covering the extra fuel, the agency wages and the repair while the first invoices mature — and is repaid as the retailer settles. The agreement is with the company, so the director's home is never in play, and the HP on the trucks is untouched. To apply: [credicorp.co.uk](https://credicorp.co.uk/apply/).
## Logistics funding questions
**Can a limited haulage or courier company borrow without a personal guarantee?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not to the director. No personal guarantee, no charge over a home, no personal credit check on a director.
**We are an owner-driver trading as a sole trader. Can we apply?**
No. These products are for incorporated businesses only. An owner-driver or partnership trading in personal names is not eligible. If you operate through a limited company, the company borrows.
**Our customers pay on 60 to 90-day terms but fuel and wages are due now. Does this help?**
That gap is exactly the pressure these products are built for. A Bridging Loan, Flex facility or Slice can cover the cost of running a load now and be repaid when the customer settles.
**Can the funding be used for fuel, a tyre or trailer repair, or an MOT?**
Yes — it is general working capital for the company, so it can go toward fuel, a roadside repair, a service or MOT, agency drivers, or anything that keeps a vehicle earning.
**We have just won a bigger contract and need to ramp up fast. Is that a fit?**
Contract ramp-ups are a common reason logistics firms reach for short-term finance — the costs land before the new revenue. Funding can bridge that lead-in. To check or apply, head to credicorp.co.uk.
**Where do we actually apply?**
On the lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This site (creditcorp.co.uk) is the brand front door and does not take applications.
## Related sectors
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/)
- [Automotive](https://creditcorp.co.uk/industries/automotive/)
- [Construction & trades](https://creditcorp.co.uk/industries/construction/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/manufacturing/
========================================================================
---
title: "Business funding for manufacturers — working capital for UK manufacturing companies"
description: "How short-term business finance fits UK manufacturers — funding a raw-materials run, fulfilling a large order, or bridging long lead times while customer invoices catch up. The company borrows, never the director: no personal guarantee. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/manufacturing/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for UK manufacturers
> A plain-English guide to how short-term working capital fits the manufacturing sector — raw materials, large orders, machinery and the long lead times between outlay and payment. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp Limited** at [credicorp.co.uk](https://credicorp.co.uk/); company/legal detail lives at [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
**Canonical URL:**
**Last updated:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
## Why manufacturing eats cash
The working-capital gap in manufacturing is wider than in almost any other sector. Four things drive it:
- **Raw materials are paid for first.** Steel, aluminium, polymer, timber, board, castings and components mostly have to be bought — and often paid for — before a single unit ships. When commodity prices move or a supplier tightens terms, that outlay jumps at the start of the cycle, when nothing has yet been sold.
- **Long lead times stretch the cycle.** A part can sit as work-in-progress for weeks: cut, formed, machined, assembled, finished, tested, packed. Every day in progress is cash already spent and not yet recovered.
- **Large orders are feast and famine.** A single contract three or four times your usual size means buying three or four times the materials, often before the customer pays a penny. Growth in manufacturing costs cash before it earns it.
- **Customers pay slowly.** Manufacturers sell business-to-business, and downstream buyers — retailers, distributors, OEMs, main contractors — routinely pay on 60 or 90-day terms. The money laid out at the start of the cycle comes back at the very end.
None of this signals a weak business — it is simply how manufacturing cash flow works, and it bites hardest precisely when a profitable manufacturer is *growing*.
## The kinds of finance that fit
Three plain-English products, used three different ways on the factory floor. Detail and the live terms are on the lender — no rates are quoted here.
- **A fixed sum for a known materials run** — a one-off [Business Bridging Loan](https://creditcorp.co.uk/products/): a single agreed amount for this much steel against that confirmed order, repaid over a short fixed term as the order is delivered and paid.
- **A line you draw against as runs land** — a revolving [Credicorp Flex](https://creditcorp.co.uk/products/) facility: a company limit you draw from as each materials run lands, repay as finished goods are paid for, then draw again — interest only on what is actually drawn.
- **Spreading a single supplier bill** — [Credicorp Slice](https://creditcorp.co.uk/products/): the supplier is paid in full today, your company repays over a few weeks for a flat fee.
This is short-term **working capital**, not asset finance. It is meant for materials, wages, tooling consumables and the wait to be paid — not for buying a major capital machine outright, which usually calls for dedicated hire purchase or leasing elsewhere.
## The company borrows — never the director
This matters more in manufacturing than almost anywhere: an owner of a plant or workshop often already has the unit, the machines and sometimes the family home pledged against equipment leases or an overdraft. Credicorp draws the line cleanly — the agreement is between Credicorp Limited and your **company**, so there is:
- **No personal guarantee** — a slow-paying customer or a stalled order does not put your home or savings on the line.
- **No charge over a home** — nothing of yours personally is pledged as security for the company's borrowing.
- **No personal credit check on a director** — the lender assesses the company, not your own credit file.
- **A clean separation** — the limited company you set up to carry the risk is the borrower, exactly as it should be.
This is exempt business lending to bodies corporate, not consumer credit. Full detail: [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*A made-up but realistic situation — not a real customer.*
- **The business.** A precision sheet-metal fabricator, a UK limited company with eleven staff, turning over a little under £1m a year supplying enclosures to two larger equipment makers. Solid order book, healthy margins, but every customer pays on sixty-day terms.
- **The squeeze.** One customer offers a standing order more than double the firm's usual monthly volume. Taking it on means buying a large run of steel and powder-coat consumables up front, plus an extra fortnight of agency labour — weeks before the first invoice on the new work even falls due.
- **The fit.** Because materials buying comes in waves as the standing order ramps up, a revolving facility suits better than a single lump sum: the company draws as each steel run lands and repays as finished enclosures are invoiced and settled.
- **The point.** The borrower is the company, so the director's home and personal credit file stay out of it entirely. The exact amount, term and cost are set by the lender — no figures are quoted on this site. To see real terms and apply, head to [credicorp.co.uk](https://credicorp.co.uk/).
## Manufacturing funding — common questions
**Can a UK manufacturing company borrow without a personal guarantee?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director.
**We have a large confirmed order but need to buy raw materials first. What fits?**
That is the classic manufacturing gap. A short-term Business Bridging Loan gives a fixed sum for a known cost and date; Credicorp Flex lets you draw against a limit as a run lands. Detail on credicorp.co.uk.
**Does Credicorp lend against machinery, or is this asset finance?**
No. This is unsecured short-term working capital for the business — not hire purchase, leasing or asset finance against a specific machine. For buying a major capital machine outright you would pair it with dedicated asset finance elsewhere.
**Our customers pay on 60 or 90-day terms. Can finance bridge that?**
Yes — long downstream payment terms are exactly what short-term working capital is designed to smooth. You fund production now and repay as customer invoices settle. Live terms and cost caps are published on credicorp.co.uk.
**We are a limited company but quite young. Are we eligible?**
Eligibility is decided by the lender on credicorp.co.uk, which assesses the company (Companies House record, a business credit check, an affordability check on business bank statements) rather than the director personally.
**Is this consumer credit or a regulated business loan?**
Neither in the consumer sense. Credicorp lends only to bodies corporate; under Article 60B of the FSMA Regulated Activities Order 2001 that is not a regulated credit agreement. It is exempt business lending — not consumer credit, not a sole-trader or personal loan.
## Related sectors
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/) — buying in bulk to hit a price break.
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — the fuel, wages and long terms of getting goods out the door.
- [Construction & trades](https://creditcorp.co.uk/industries/construction/) — fabricators and suppliers buying materials before the first valuation.
Browse all sixteen on the [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/printing/
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---
title: "Business funding for printing & signage — working capital for UK print shops and sign-makers"
description: "How short-term business finance fits UK printing and signage companies — paper, ink and substrate ahead of a job, a new press or wide-format machine, and the upfront cost of work paid on completion. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/printing/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for printing & signage
> How short-term working capital fits a UK printing or signage company — materials bought job-by-job, presses and wide-format kit, big runs paid on completion, and slow-paying trade clients. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in printing and signage.
## Where the cash-flow gaps come from
Print money leaves the workshop in a lump at the start of a job and comes back at the end of it — sometimes long after. Four pressure points show up again and again:
- **Materials bought job-by-job** — paper, board, ink, toner, vinyl, foamex, acrylic and banner media all have to be paid for on the supplier's terms, not the customer's. You commit the cost before the first sheet runs and carry it until the work is delivered and invoiced.
- **Presses and wide-format kit** — a litho or digital press, a large-format printer, a laminator, a CNC router or a flatbed cutter is the engine of the business. Even where the machine is on asset finance, the deposit, installation and consumables to get it earning are a working-capital outlay first.
- **Big runs and signage projects up front** — a large print run or a full signage fit-out (shopfront, wayfinding, vehicle graphics, an exhibition stand) ties up real cash in stock and machine time weeks before it's installed and signed off. The biggest jobs demand the most outlay before a penny comes back.
- **Slow-paying trade and contract clients** — agencies, contractors, councils and corporate buyers pay on 30, 60 or 90-day terms. You've paid for the paper and run the press; now you wait. Several open invoices at once can leave a profitable order book tight.
## Which kind of finance fits a print shop
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off job: the materials for a big named run, a signage project against a signed order, the consumables to get a new press earning.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits a busy order book: buying stock for the next run while you're still waiting on the last invoice, then paying down as customers settle.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when a paper merchant's or media supplier's bill for a big order lands before the customer has paid you.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many print-shop owners have already signed personal guarantees they didn't love — a unit lease, an equipment line, a paper-merchant account. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for paper and ink.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A signage and large-format company trading as a UK limited company wins a multi-site rebrand for a retail chain: new shopfront signs, interior graphics and a run of vehicle wraps across the fleet. It's the biggest single order on the books that year — but it means buying a large volume of vinyl, aluminium composite and lamination film, plus booking weeks of wide-format and fitting time, all before the chain pays on its standard 60-day terms.
Because the job is one-off and the payback is a known invoice on completion, a fixed-term Business Bridging Loan to the company funds the materials and the machine time together: a known sum, repaid once the customer settles. The agreement is with the company, so the owner gives no personal guarantee and puts no charge over their home. With a second contract running alongside it, a Credicorp Flex facility would let the shop carry both jobs' materials at once without arranging finance twice.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Printing & signage funding questions
**Can my print company borrow to buy materials before a job pays?** Yes — funding the paper, board, ink, vinyl or substrate for a job that won't pay until delivery is one of the most common reasons a printer uses short-term finance. A Business Bridging Loan suits one big named job; Credicorp Flex suits a workshop that buys materials run after run.
**Can I use it towards a new press or a wide-format machine?** It can help with the working-capital side — a deposit, installation, the consumables to get a line earning, or bridging while a machine beds in. Credicorp lends short-term working capital, not long-term asset finance, so the lender will say what fits and what sits better with an asset-finance route.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**A customer wants a big run but pays on 60-day terms — does that help?** That gap is exactly the shape short-term working capital is built for. A Bridging Loan covers a single large run against a known invoice; Credicorp Flex lets a busier shop carry several jobs in flight at once.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach my business account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [Manufacturing](https://credicorp.co.uk/industries/manufacturing/) — the same raw-materials-first, invoice-later rhythm on a production line.
- [Creative & media](https://credicorp.co.uk/industries/creative-media/) — agencies and studios that commission the print and wait on client settlement.
- [Construction & trades](https://credicorp.co.uk/industries/construction/) — buying materials up front against a job that pays on completion or valuation.
Browse the whole set on the [industries hub](https://credicorp.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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/professional-services/
========================================================================
---
title: "Business funding for professional services — working capital for UK accountancy, law & consultancy firms"
description: "How short-term business finance fits incorporated UK professional-services firms — accountants, solicitors and consultancies. Bridge the lag between billable work and paid invoices, fund a hire or a new office. The company borrows, never the partner: no personal guarantee. Apply at credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/professional-services/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for professional services
> How short-term working capital fits incorporated UK professional-services firms — accountancy practices, law firms and consultancies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who this is for
Accountancy practices, solicitors, surveyors, architects, recruiters, marketing and management consultancies — incorporated as a UK limited company (Ltd), LLP or PLC. The work is the asset, and the cash arrives on a delay: you deliver an audit, complete a conveyance, or run a project to milestone, then wait thirty, sixty, sometimes ninety days to be paid. Payroll, rent and software do not wait that long.
The borrower is always the **firm**, never the partner or director who signs. There is no personal guarantee, no charge over a home and no personal credit check on an individual. This is exempt business lending, not consumer credit — not a personal loan, and not for sole traders. See [Lending and regulation](https://creditcorp.co.uk/lending-and-regulation/).
## Why professional firms hit working-capital gaps
- **The work-in-progress lag** — value builds up as unbilled work in progress, then sits again as debtors once invoiced. Between those two waits a firm can be carrying a quarter of a year's earned-but-unbanked revenue.
- **Hiring ahead of the revenue** — a new associate, surveyor or consultant costs salary, on-costs and a desk from day one but rarely covers their own fees for the first few months.
- **Premises, kit and renewals** — a bigger office or fit-out, a deposit and first quarter's rent, a laptop refresh, or an annual lump for practice-management software, audit tooling or professional indemnity cover.
## The kind of finance that fits
Three shapes of short-term credit. Figures live with the operating lender — see [Products](https://creditcorp.co.uk/products/) and confirm on [credicorp.co.uk](https://credicorp.co.uk/).
- **A one-off gap → Business Bridging Loan** — a single lump sum over a short, fixed term, when you know the amount and roughly when repayment lands.
- **An ongoing rhythm → Credicorp Flex** — a revolving facility for quarter- or milestone-billed work; draw when a fee run is outstanding, repay when it clears, interest only on what is drawn.
- **A single supplier bill → Credicorp Slice** — spread an annual PI premium, a software licence or a recruitment fee over a few weeks for a flat fee; the supplier is paid in full today.
## The firm borrows — not the partners
Many lenders advance to a small firm only against a partner's personal guarantee, often secured by a charge over their home. For a practice where partners join, leave and retire, that is a real bind. Credicorp lends to the **body corporate** instead:
- No personal guarantee from any partner or director.
- No charge over a home or any personal asset.
- No personal credit check on the individuals who sign.
- The firm's liability stays the firm's — partners' personal positions stay separate.
## A worked example
*An illustration, not a real client.* A mid-sized accountancy LLP comes out of a busy compliance season with a strong order book — but much of the work is still unbilled work in progress, and raised invoices sit in debtors on thirty-day terms. The practice also wants to bring forward a manager hire to take on advisory work the partners keep turning away; the salary starts now, the fees land over the following two quarters. Rather than lean on partners' savings or hand a bank a personal guarantee, the LLP opens a short-term facility in the **firm's** name, draws to cover the wage bill through the gap, and repays as the season's invoices clear. No partner signs a personal guarantee; no home is on the line. Figures and product fit are confirmed at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can an accountancy or law firm borrow if it trades as an LLP?** Yes. Credicorp lends to UK bodies corporate — Ltd companies, LLPs and PLCs. The LLP itself is the borrower. It cannot fund a sole practitioner trading in their own name, because that is an individual, not a company.
**Does unbilled work in progress help or hurt an application?** Healthy work in progress and a strong debtor book are exactly the pipeline these products are built around — they show the cash is coming. The lender assesses the company on its own trading and bank statements.
**Will a partner have to give a personal guarantee or put up their home?** No. The agreement is between Credicorp and your firm as a body corporate. No personal guarantee, no charge over a home, no personal credit check on the people who sign.
**What can the money be used for?** Anything that keeps the practice running between fee cycles — payroll and PAYE while invoices are collected, a new fee-earner ahead of their revenue, an office deposit or fit-out, PI premiums, or software and practice-management licences renewing in one lump.
**How fast can funds reach the firm's account?** Timings live with the operating lender; always check the live terms. As a rule, once approved and signed, funds are released to the company's business bank account — often the same working day. Confirm at [credicorp.co.uk](https://credicorp.co.uk/).
**Is this regulated consumer credit?** No. Lending to a body corporate is not a regulated credit agreement under Article 60B of the FSMA Regulated Activities Order 2001, so this is exempt business lending. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
## Related sectors
- [Technology & IT](https://creditcorp.co.uk/industries/technology/) — milestone-billed software and consulting work.
- [Creative & media](https://creditcorp.co.uk/industries/creative-media/) — project-led agencies.
- [Property & lettings](https://creditcorp.co.uk/industries/property/) — surveyors and managing agents.
- [All sixteen sectors](https://creditcorp.co.uk/industries/) — the industries hub.
## 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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/property/
========================================================================
---
title: "Business funding for property & lettings — working capital for UK landlord and agency companies"
description: "How short-term business finance fits incorporated UK property and lettings companies — refurb between tenancies, void periods, deposits and bridging-style gaps before rent or a sale comes through. 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/property/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for property & lettings
> A plain-English guide to short-term working capital for incorporated UK property and lettings businesses. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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 landlord. 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, and it is not a buy-to-let mortgage or a secured property bridge. See [Lending and regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## Why property & lettings firms run short on cash
It is rarely about the underlying yield — it is about the gap between when a property costs money and when it earns it. In lettings, that gap is constant.
- **Refurb has to happen before the rent restarts.** A tenant moves out and the unit can't earn again until it is put right — redecoration, a new kitchen or bathroom, flooring, or bringing it up to current standards — all paid for weeks before a new tenant signs.
- **Void periods carry cost with no income.** An empty property doesn't pause its bills: council tax, service charges, insurance, standing utilities and any finance on it all keep running while no rent comes in. A run of voids quietly drains the cash the rest of the business relies on.
- **Compliance and safety work can't wait.** Gas safety, EICR electrical checks, EPC improvements, alarms and HMO licensing are largely non-negotiable and time-bound — the work has to be done before a property can be let or kept let, regardless of whether this month's rent has landed.
- **The money often arrives in one lump, later.** Deposits to secure a purchase, the cost of preparing a property for sale, or simply the wait for a completion or a backlog of rent — property income tends to be lumpy and back-loaded. That bridging-style gap between a known cost now and a known receipt later is exactly what short-term finance covers.
## Which finance fits a property business
Three plain-English shapes of short-term credit — for the operational gaps around a portfolio, not for buying the bricks. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed turnaround: a refurb between tenancies, an EPC or electrical upgrade due before a let, a deposit to hold a purchase, or preparing a property for sale.
- **Credicorp Flex** — a revolving facility to dip into and repay as units turn over; for a landlord or agency running several properties at different stages, you pay only for what you draw, not the whole limit.
- **Credicorp Slice** — settle a chunky builder, electrician or furnishings bill in full today and repay over a few weeks for a flat fee, so the unit gets finished and re-let.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply. This is short-term working capital, not a mortgage or a secured property bridge.
## The company borrows — not you
Property owners know the routine: ask a bank or a bridging broker for working capital and the conversation quickly turns to a personal guarantee, or a charge over your own home on top of the charges already held against the rental properties. For someone whose net worth is already tied up in bricks and mortar, layering personal risk over an operational cash-flow gap is a heavy thing to sign.
Credicorp is built differently: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the tenancies, the portfolio and the bank account. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. The company stands on its own trading position. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A small lettings company — a UK limited company holding nine residential units across two towns, all on assured shorthold tenancies — has a long-standing tenant give notice on one of the better flats. To re-let it at the rent the location now supports, it needs a proper turnaround: a new kitchen, redecoration throughout, a fresh EICR and a couple of remedial jobs the inspection throws up.
The builder wants a deposit to start and the balance on completion. The flat earns nothing while the work is done and a new tenant is found — realistically a six-to-eight-week void — and the council tax, insurance and finance on it keep running throughout. On paper the company is sound: eight other units are paying, and once re-let this flat will pay more than before. In the bank account, it is funding a refurb plus a void out of the rest of the portfolio's rent, right when a second unit happens to be between tenants too.
Rather than delay the works, let the flat cheaply or lean on the director personally, the company bridges the gap with short-term finance against its own trading position — covering the refurb and carrying the void — and repays as the new, higher rent comes through. Same portfolio, a better let; the cash was simply there when the work needed it. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can my property company borrow without a personal guarantee or a charge over my own home?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director who signs. No personal guarantee, no charge over a home and no personal credit check on a director.
**We need to refurbish a property between tenancies before it can be re-let. Can funding cover that?**
That is one of the most common reasons landlord and agency companies look at short-term finance. A Business Bridging Loan or Credicorp Slice can cover a refurb, a safety remediation or a re-let cost while the unit is empty, with repayment timed around the rent resuming.
**A property is sitting void with no rent coming in. Does that stop us borrowing?**
Void periods are a normal part of property cash flow, not a red flag. Credicorp looks at the company as a whole — the portfolio and the rent due across it — rather than at a single empty unit.
**Is this a mortgage or secured property lending?**
No. Credicorp offers short-term, unsecured working capital for the company — not a buy-to-let mortgage, a development loan or a secured bridge against a title. It suits the operational gaps around a property business (refurb, voids, deposits, slow months) rather than buying the bricks.
**Are you a bank, and is this regulated consumer credit?**
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001 — business credit, not a regulated consumer credit agreement. It is not for sole-trader landlords or personal-name borrowing.
**Can a letting or managing agent use this, not just a landlord?**
Yes, as long as you trade through a UK limited company, LLP or PLC. Agents carry their own cash-flow shape — funding marketing and works before a let completes, or covering the lag between paying contractors and recovering costs from landlords.
## Related sectors
- [Construction & trades](https://creditcorp.co.uk/industries/construction/) — if you run your own refurb or build-out crews, funding materials and labour before a valuation or re-let lands.
- [Professional services](https://creditcorp.co.uk/industries/professional-services/) — for managing agents and surveyors bridging the lag between work done and fees paid.
- [Hospitality & food](https://creditcorp.co.uk/industries/hospitality/) — if your portfolio runs to serviced lets or short-stay units with their own seasonal swings.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/retail/
========================================================================
---
title: "Business funding for retail & shops — working capital for UK retail companies"
description: "How short-term business finance fits UK retail companies — buying stock ahead of a season, a shop fit-out, new tills, or opening a second site. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/retail/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for retail & shops
> How short-term working capital fits a UK retail company — seasonal stock, shop fit-outs, tills and EPOS, and multi-site growth. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://creditcorp.co.uk/products/). This page explains how each tends to be used in retail.
## Where the cash-flow gaps come from
Retail money leaves the business in lumps and returns in a trickle. Four pressure points show up again and again:
- **Stock ahead of a season** — Christmas ranges ordered in summer, spring lines landing while winter stock is still on the shelf. The best margin goes to the retailer who commits early and in volume, which means paying weeks or months before a single unit sells.
- **Shop fit-outs and refreshes** — a refit, shelving, a counter, lighting, signage or a window scheme is a one-off cost with a clear payback, but the bill lands all at once and the work is best done in a quiet week when takings are lowest.
- **Tills, EPOS and card terminals** — when a till or EPOS dies it isn't optional; you can't take money without it. The upgrade is a capital outlay you'd rather not pull from the float in one go.
- **Opening or stocking a second site** — a second shop doubles the stock-holding, deposits and fit-out before it doubles the takings, and multi-site retailers carry that gap at every branch at once.
## Which kind of finance fits a shop
The detail — amounts, pricing, terms — lives on the [products page](https://creditcorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://creditcorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off buy: a seasonal stock order, a fit-out, a new till, a deposit on a unit.
- **[Credicorp Flex](https://creditcorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits retail's natural rhythm: topping up stock in waves, covering each branch as it needs it, dipping in for a peak and paying down in the quiet weeks.
- **[Credicorp Slice](https://creditcorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when a wholesaler's bill for a range lands at an awkward moment.
The journey end to end is on the [how-it-works overview](https://creditcorp.co.uk/how-it-works/).
## The company borrows — not you
Many shop owners have already signed personal guarantees they didn't love — a lease, a card-machine contract, a supplier account. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for shop stock.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A homewares shop trading as a UK limited company runs two high-street units. In late summer the owner wants to commit early to a Christmas range — ordering in volume locks in the best price and guarantees stock before the rush, but the bill is due on the supplier's terms, long before December takings arrive. The older shop also needs a tired counter and a failing till replaced before the busy weeks begin.
Because the need is one-off and the payback is clearly the season ahead, a fixed-term Business Bridging Loan to the company fits the stock buy and the till together: a known sum, repaid over the trading weeks that earn it back. The agreement is with the company, so the owner gives no personal guarantee and puts no charge over their home. If the second shop needs a mid-season top-up, a Credicorp Flex facility would let them draw again without starting over.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Retail funding questions
**Can my retail company borrow to buy stock ahead of a season?** Yes — it's one of the most common reasons a shop uses short-term finance. A Business Bridging Loan suits a single known stock buy; Credicorp Flex suits a retailer that restocks in waves. Specifics live with the lender.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can I use it for a shop fit-out or new tills and EPOS?** Yes. A refit, shelving, a counter, signage, a till and card-terminal setup or an EPOS upgrade are all working-capital uses; a fixed-term Bridging Loan often fits a fit-out cleanly.
**I run more than one shop — does that change anything?** The borrower is still the company, however many sites it trades from. Multi-site retailers tend to value a facility they can draw on as each branch needs stock — Credicorp Flex is built for that.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach my business account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [E-commerce & online](https://creditcorp.co.uk/industries/ecommerce/) — the same stock-ahead-of-a-peak gap, with marketplace payouts to wait on.
- [Wholesale & distribution](https://creditcorp.co.uk/industries/wholesale/) — the suppliers behind the shelves, buying in bulk to hit a price break.
- [Hospitality & food](https://creditcorp.co.uk/industries/hospitality/) — another counter-led trade with feast-and-famine, seasonal cash flow.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/security-services/
========================================================================
---
title: "Business funding for security services — working capital for UK guarding, CCTV & monitoring companies"
description: "How short-term business finance fits UK security companies — making payroll before client invoices clear, buying kit for an install, or staffing up for a new contract. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/security-services/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for security services
> How short-term working capital fits a UK security company — making payroll before client invoices clear, buying kit for an install, and staffing up a new contract. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used by guarding, CCTV and monitoring firms.
## Where the cash-flow gaps come from
Security money goes out on a strict weekly clock and comes back on the client's terms. Four pressure points show up again and again:
- **Payroll before the invoice clears** — the defining squeeze of the sector. Officers are paid weekly or fortnightly while clients sit on 30, 60 or 90-day terms, so every wage run funds shifts that won't turn into cash for a month or more. The bigger the guarding book, the wider the gap.
- **Kit for an installation** — CCTV cameras and recorders, alarm panels, access-control hardware, cabling, body-worn cameras and radios are bought and fitted up front, but the final payment doesn't land until the install signs off.
- **Contract ramp-ups and mobilisation** — winning a bigger contract costs money first: recruiting, SIA-checking and vetting officers, training, uniforming, kitting out patrols and running several weeks of wages, all before the new work is invoiced.
- **Vehicles, bonds and the cost of cover** — mobile-patrol and keyholding firms live by their vehicles; monitoring stations need resilient kit and connectivity. Insurance, public-liability cover and client-required bonds tie up working capital just in being ready to respond.
## Which kind of finance fits a security firm
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: the kit and labour for an install, mobilising a single new contract, or one big payroll stretch while you wait on a named slow payer.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits the every-payroll rhythm of guarding: draw to cover each wage run, pay down as invoices clear, draw again next cycle.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier or kit bill over a few weeks while the supplier is paid in full today. Handy when a bulk camera order, a fleet bill or a uniform run lands at an awkward moment.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many security business owners have already put their own name on the line — a fleet lease, an insurance or performance bond, a supplier account. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for the wage run or the kit.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A manned-guarding company trading as a UK limited company wins a contract to cover a new distribution site — officers on the gate around the clock plus a mobile patrol overnight. The win lands the firm with weeks of cost before any income: recruiting and vetting extra officers, uniforming and kitting them out, and running the first month of wages, while the client sits on 60-day terms. The contract also calls for a handful of new CCTV cameras and a recorder at the entrance.
Because the new wage runs repeat every fortnight and then unwind as the client invoices clear, a Credicorp Flex facility to the company fits the mobilisation neatly: draw to cover each payroll, pay down when the money comes in, draw again next cycle. The one-off camera install — a known sum with a clear sign-off — could sit on a fixed-term Business Bridging Loan instead. The agreement is with the company throughout, so the owner gives no personal guarantee and puts no charge over their home.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Security funding questions
**Can my security company borrow to cover payroll before client invoices clear?** Yes — payroll is the most common reason a guarding firm reaches for short-term finance. Credicorp Flex suits the every-payroll rhythm; a Business Bridging Loan suits a one-off stretch. The detail sits with the lender.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can I use it to buy kit — cameras, NVRs, body-worn, vehicles?** Yes. CCTV cameras and recorders, alarm panels, access-control hardware, body-worn cameras, radios, uniforms and a marked patrol vehicle are all working-capital uses; a fixed-term Bridging Loan often spans an install's pay-on-sign-off gap.
**We've just won a bigger contract — can funding help us ramp up?** Yes — mobilisation is one of the sharpest squeezes in security. Recruiting, vetting, training, uniforming, kitting out and running weeks of payroll all come before the first invoice. A facility you can draw on as the contract ramps, like Credicorp Flex, is built for it.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach my business account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [Construction & trades](https://credicorp.co.uk/industries/construction/) — materials and labour out before the first valuation lands, bridging a slow-paying main contractor.
- [Professional services](https://credicorp.co.uk/industries/professional-services/) — the same lag between work delivered and invoices paid across a billing cycle.
- [Logistics & transport](https://credicorp.co.uk/industries/logistics/) — wages and fuel on long client terms, with a fleet to keep on the road.
Browse the whole set on the [industries hub](https://credicorp.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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/sports-leisure/
========================================================================
---
title: "Business funding for sports & leisure — working capital for UK clubs, leisure centres & activity venues"
description: "How short-term business finance fits UK sports & leisure companies — gym and pitch equipment, a quiet off-season, a centre refit, or the lag before seasonal memberships renew. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/sports-leisure/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for sports & leisure
> How short-term working capital fits a UK sports & leisure company — equipment, seasonal membership gaps, facility refits and new activity lines. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used by clubs, leisure centres and activity venues.
## Where the cash-flow gaps come from
Leisure carries a heavy fixed cost against income that ebbs and flows with the seasons. Four pressure points come up again and again:
- **Equipment that wears out — and dates** — cardio machines, free weights, pool plant, court surfaces, climbing holds, soft-play frames and pitch and ground kit all wear with use, and members notice the moment something sits out of order. Re-kitting is a large, lumpy outlay committed before it earns back through retained and new members.
- **Seasonal membership and booking swings** — a swim school empties over summer, an outdoor activity venue goes quiet in winter, a gym lives for the January renewal spike. The trough still has to be heated, staffed and maintained, with cash earned and spent in the season before.
- **Facility refits and upkeep** — changing rooms, a studio for new classes, an extra court, a reception or a café area is a one-off cost with a clear payback, but it lands all at once and is best done in the off-season closure when takings are lowest.
- **Plant, heat and compliance that can't wait** — a failed boiler before a swim term, a pool pump, a cold-snap heating bill or a safety upgrade needed to stay open is not optional, and rarely arrives when the membership float can absorb it.
## Which kind of finance fits a club or centre
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off buy: a run of new cardio kit, a court resurface, a changing-room refit, a replacement boiler or the equipment for a new activity.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits leisure's natural rhythm: covering the quiet off-season, smoothing the wait for the January renewals, dipping in for a peak booking period and paying down as memberships come in.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when an equipment order, a plant-service bill or a one-off maintenance invoice lands at an awkward moment.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many operators have already signed personal guarantees they didn't love — a venue lease, an equipment-hire contract, a plant-service account. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for gym kit or a pool pump.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A racquets and fitness club trading as a UK limited company runs a gym floor alongside indoor courts. By late summer the cardio line is showing its age and two courts need resurfacing before the autumn league season, when membership normally climbs. Committing now means the kit is ready for the busy term — but the bill is due months before those renewal fees arrive, and summer is the club's quietest stretch.
Because the spend is one-off and the payback is clearly the season ahead, a fixed-term Business Bridging Loan to the company fits the new equipment and the resurfacing together: a known sum, repaid over the busier weeks that earn it back. The agreement is with the company, so the owner gives no personal guarantee and puts no charge over their home. If the summer lull also leaves a gap on staff and heating costs, a Credicorp Flex facility would let them draw against it and pay down as the autumn renewals land.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Sports & leisure funding questions
**Can my club or leisure centre borrow to replace worn equipment?** Yes — re-kitting is one of the most common reasons a leisure business uses short-term finance. A run of cardio machines, resurfaced courts, fresh climbing holds or replacement pitch and ground kit is a known, one-off cost; a Business Bridging Loan suits that single capital buy.
**Membership income is seasonal — can finance bridge the quiet months?** Yes. A summer-quiet swim school, a winter-quiet activity venue or a gym waiting for January renewals all spend through the lull before income returns. Credicorp Flex is built for that rhythm — draw down to cover the trough, pay back as memberships renew.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can I use it to refit a facility or fund a new activity line?** Yes. A changing-room refurbishment, a new studio, an extra court or pitch, a soft-play rebuild or the kit for a new activity are all working-capital uses; a fixed-term Bridging Loan often fits a refit cleanly, with Flex available for a phased programme.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
**How quickly can funds reach my business account?** Business loans are typically released to your company bank account on the same working day once the agreement is signed. Apply or check timing at credicorp.co.uk.
## Related sectors
- [Fitness & leisure](https://creditcorp.co.uk/industries/fitness/) — studios and gyms with the same membership-led cash flow that dips and spikes through the year.
- [Hospitality & food](https://creditcorp.co.uk/industries/hospitality/) — another venue trade with feast-and-famine, seasonal takings and heavy fixed costs.
- [Property & lettings](https://creditcorp.co.uk/industries/property/) — covering works and upkeep on a venue or site between income coming in.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/technology/
========================================================================
---
title: "Business funding for technology & IT — working capital for UK tech companies"
description: "How short-term business finance fits incorporated UK technology and IT companies — hiring ahead of revenue, runway between funding rounds, kit and cloud for a new contract, and milestone-based client payments. 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/technology/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for technology & IT
> A plain-English guide to short-term working capital for incorporated UK technology and IT businesses — software houses, SaaS startups and scaleups, managed service providers, IT consultancies and dev shops. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the founder, 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/).
## Why tech and IT firms run short on cash
It is rarely about whether the business is profitable — it is about timing. In software and IT, nearly all the cost is committed up front and most of the revenue is deferred.
- **Hiring comes before the revenue it unlocks.** Headcount is the biggest line in most tech firms, and you hire to win and deliver work that does not exist yet. The wage bill falls due every month whether or not the client has signed.
- **Runway runs out between rounds.** Startups and scaleups live in tranches of cash. A round closes, the clock starts, and the next raise rarely lands the same week the last pound is spent. A short, defined gap before a round, grant or invoice clears is a classic moment to bridge rather than burn.
- **Kit, cloud and tooling are lumpy.** New starters need machines; a project needs a server or test rig; annual cloud, licensing and SaaS bills want paying up front for the better rate. These are one-off outlays that hit the account in a single hit.
- **Clients pay on milestones and long terms.** Enterprise and public-sector customers pay on milestones, sign-offs and 30 to 60-day terms — sometimes longer. You fund the whole build out of your own pocket and wait for the invoice to clear well after delivery.
## Which finance fits a tech company
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed gap: a batch of laptops for new hires, an annual cloud or licence bill, a server build, or a few weeks of runway to reach a round you can see closing.
- **Credicorp Flex** — a revolving facility for the build-then-invoice rhythm: draw to cover a build in flight, repay when the milestone invoice clears, then draw again on the next engagement; you pay only for what you draw.
- **Credicorp Slice** — settle a single large vendor bill (cloud, licensing, hardware) in full today and repay over a few weeks for a flat fee.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply.
## The company borrows — not the founders
Founders have usually staked plenty already — their own savings, their equity, often a slice of personal credit. Credicorp is built the other way round: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the contracts and the bank account. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. For a venture-backed company that is especially useful: the facility stays clean of founder guarantees, sits alongside equity rather than competing with it, and never touches the cap table. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A B2B software company — a UK limited company — has just signed its largest customer yet: a twelve-month rollout paid on three milestones, the first sixty days after go-live. To deliver on time the founders need two engineers on now, machines for them, and extra cloud capacity for the customer's environment — all due weeks before the first milestone invoice clears. A seed extension is in conversations but not yet closed.
Rather than discount founder equity to plug a timing gap, the company uses short-term finance to cover the wages, kit and cloud while the build is in flight. Because the spend recurs across the project, a Credicorp Flex facility fits: draw to cover each stretch, repay as each milestone invoice lands, draw again for the next. The annual cloud commitment, a single large bill, is spread separately with Credicorp Slice. The agreement is with the company, so the founders give no personal guarantee, put no charge over a home, and leave the cap table untouched while the round closes on its own timetable. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can my tech company borrow to hire ahead of revenue?**
Often, yes — bringing on a developer or a sales hire before the revenue they unlock has landed is one of the most common reasons a tech business runs short. Because the borrower is the company, the decision is not pinned to a director personally.
**We're between funding rounds — can this bridge the runway?**
It can help cover a defined, short-term gap, but it is working-capital finance, not a substitute for equity. A fixed-term Business Bridging Loan can smooth the join to a round that is close to closing without diluting founders; it is not designed to fund an open-ended cash burn.
**Can we fund laptops, servers or cloud for a new contract?**
Yes — machines for new hires, a server or test rig, an annual cloud or tooling bill, or infrastructure a new contract demands are all working-capital uses. A Bridging Loan often fits a known kit spend, and Credicorp Slice can spread a single large vendor bill.
**Our clients pay on milestones or 60-day terms — does that fit?**
It is a very common reason tech firms borrow. A revolving Credicorp Flex facility suits the rhythm: draw to cover the build, repay when the invoice clears, draw again on the next project, paying only for what you have drawn.
**Will founders have to give a personal guarantee or a charge over a home?**
No. Credicorp lends to the company, not its founders or directors. There is no personal guarantee, no charge over a home and no personal credit check on a director.
**Is this consumer credit, and do you lend to a sole-trader developer?**
Neither. This is business credit to a body corporate — a UK Ltd, LLP or PLC — not consumer credit, and not for sole traders or personal-name borrowing. If a contractor trades through their own limited company, that company can be considered.
## Related sectors
- [Professional services](https://creditcorp.co.uk/industries/professional-services/) — the same lag between billable work delivered and invoices paid, hire-led and project-based.
- [Creative & media](https://creditcorp.co.uk/industries/creative-media/) — production funded up front, freelancers and kit to cover, settlement waited on.
- [E-commerce & online](https://creditcorp.co.uk/industries/ecommerce/) — ad spend and inventory that pay back later, with platform payouts to wait on.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/veterinary/
========================================================================
---
title: "Business funding for veterinary practices — working capital for UK vet clinics"
description: "How short-term business finance fits UK veterinary companies — diagnostic equipment, a practice fit-out or new premises, drug and consumable stock, and the wait on pet-insurer payments. The company borrows, never the vet: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/veterinary/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for veterinary practices
> How short-term working capital fits a UK veterinary company — diagnostic equipment, premises and fit-outs, drug and consumable stock, and the wait on pet-insurer payments. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the vet, a 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in a veterinary practice.
## Where the cash-flow gaps come from
A vet clinic carries a hospital’s worth of capital cost on a small business’s cash flow, and a chunk of the income lags the cost. Four pressure points show up again and again:
- **Diagnostic equipment** — ultrasound, digital radiography, a CT or endoscopy stack, in-house haematology and biochemistry analysers. The kit that lets a practice diagnose in-house rather than refer is a major outlay, paid for in full before the first scan is billed.
- **Premises, theatres and fit-outs** — a new consult room, an extra operating theatre, kennelling, an isolation ward or a second branch. A one-off build with a clear payback, but the bill lands in a lump and the new capacity takes weeks to fill.
- **Drug stock, vaccines and consumables** — a practice carries a pharmacy: prescription medicines, vaccines, anaesthetics, prescription diets, surgical consumables and PPE. Wholesalers want paying on their terms, and short-dated lines can’t be over-ordered to smooth cash flow.
- **Pet-insurer payment timing** — where a clinic settles claims directly, the treatment, drugs and staff time go out the door before the insurer pays. Across a busy quarter that lag leaves real money in claims processing while the wholesaler bill and payroll are due now.
## Which kind of finance fits a practice
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: a diagnostic machine, a theatre or consult-room fit-out, a branch refurbishment, a big seasonal drug order.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits the insurer lag and the restock rhythm: covering wages and stock while a quarter of claims sits with the insurers, and topping up the dispensary in waves.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when a drug-wholesaler or equipment invoice lands at an awkward moment.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Many practice principals have already signed personal guarantees they didn’t love — a premises lease, an equipment lease, a practice-management software contract. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn’t security for a scanner or drug stock.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A small-animal practice trading as a UK limited company runs two clinics. The principal wants to bring ultrasound in-house rather than refer every case — the scanner, install and training are a known cost, and the imaging fees are clear, but they arrive case by case over the months ahead. A busy quarter has also left a stack of pet-insurer claims in processing, while the drug-wholesaler bill and the payroll run are both due now.
Because the scanner is a one-off cost with a clear payback, a fixed-term Business Bridging Loan to the company fits the equipment buy: a known sum, repaid over the imaging weeks that earn it back. For the insurer lag and the dispensary top-up that recur every quarter, a Credicorp Flex facility lets the practice draw to cover wages and stock and pay down as the claims settle. Both agreements are with the company, so the principal gives no personal guarantee and puts no charge over their home.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Veterinary funding questions
**Can my veterinary company borrow for a diagnostic machine — ultrasound, digital X-ray, in-house analysers?** Yes — a piece of diagnostic kit is exactly the kind of known, one-off outlay short-term finance is built for. A Business Bridging Loan suits a single machine; Credicorp Flex suits kitting out a whole room over a season.
**We wait weeks on pet-insurer claims — can funding bridge that?** Yes — that gap is one of the most common reasons a clinic reaches for working capital. Credicorp Flex suits a recurring lag; a Bridging Loan suits a single large quarter.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a vet or director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can it cover drug stock, vaccines and consumables ahead of a busy stretch?** Yes. Buying drugs, vaccines, prescription diets and surgical consumables in is a working-capital use; Credicorp Slice can spread a single large wholesaler invoice while the supplier is paid in full today.
**We are fitting out a new branch or a new theatre — does that work?** Yes. A consult-room build, an operating theatre, kennelling, an isolation ward or a second branch is a one-off cost with a clear payback, and a fixed-term Bridging Loan often fits it cleanly.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
## Related sectors
- [Healthcare & dental](https://creditcorp.co.uk/industries/healthcare/) — the same equipment cost and the same wait between treatment and payment from plans or the NHS.
- [Professional services](https://creditcorp.co.uk/industries/professional-services/) — another practice model, bridging the lag between work done and fees paid.
- [Agriculture & farming](https://creditcorp.co.uk/industries/agriculture/) — the farm-animal side of the same client base, carrying a long gap between outlay and income.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/waste-recycling/
========================================================================
---
title: "Business funding for waste & recycling — working capital for UK collection and recycling companies"
description: "How short-term business finance fits UK waste and recycling companies — getting a collection vehicle back on the road, plant for a materials recovery site, or bridging long council and commercial contract payment terms. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/waste-recycling/"
locale: "en-GB"
updated: "2026-06-21"
---
# Business funding for waste & recycling
> How short-term working capital fits a UK waste and recycling company — collection vehicles, recovery-site plant, and the long council and commercial contract terms that stretch cash flow. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
The products are the same three for every sector — a [Business Bridging Loan, Credicorp Flex or Credicorp Slice](https://credicorp.co.uk/products/). This page explains how each tends to be used in collection and recycling.
## Where the cash-flow gaps come from
Waste money goes out in big, urgent lumps — fuel, wages, a truck, a baler — and comes back on someone else's payment terms. Four pressure points show up again and again:
- **A vehicle off the road** — an RCV, skip lorry or roll-on-roll-off truck that breaks down is a round that doesn't run and a contract you risk breaching. Parts, a major repair or a stand-in vehicle have to be paid for now, because the alternative is missed collections and a penalty clause.
- **Plant for the yard or recovery site** — a baler, picking-line conveyor, wheeled loader, grab, weighbridge or shredder is a heavy capital outlay with a clear return, but the bill lands in one piece, often during a planned shutdown when you're processing nothing.
- **Council and commercial contract terms** — local-authority and big commercial contracts are steady, reliable and slow. You run the rounds for weeks, paying drivers and burning diesel, before the invoice clears. The work is profitable; it's the timing of the cash that bites.
- **Volatile gate fees and recyclate prices** — what you're paid for baled cardboard, scrap metal or plastic, and the gate fees you charge, can swing with the market, so cash you were counting on can simply not be there even though the volumes haven't changed.
## Which kind of finance fits a waste business
The detail — amounts, pricing, terms — lives on the [products page](https://credicorp.co.uk/products/) and with the lender; no figures are quoted here.
- **[Business Bridging Loan](https://credicorp.co.uk/products/)** — a single lump sum repaid over a short fixed term. Fits a known, one-off cost: a major truck repair, a replacement vehicle, a baler or loader, a weighbridge overhaul.
- **[Credicorp Flex](https://credicorp.co.uk/products/)** — a revolving facility to draw on, repay and draw again. Fits the contract-cashflow gap: covering wages and fuel across a slow-paying council or commercial contract, leaning on it when a recyclate price dips, and paying down when the contract settles.
- **[Credicorp Slice](https://credicorp.co.uk/products/)** — spread one supplier bill over a few weeks while the supplier is paid in full today. Handy when a fuel bill, a tyre account or a parts invoice for the fleet lands at an awkward moment.
The journey end to end is on the [how-it-works overview](https://credicorp.co.uk/how-it-works/).
## The company borrows — not you
Waste operators often have plenty pinned to their own name already — a yard lease, vehicle hire-purchase, an environmental permit bond. The Credicorp model is the other way round: the agreement is between Credicorp Limited and your **company**.
- **No personal guarantee** — the company is the borrower, full stop.
- **No charge over your home** — your house isn't security for a truck or a baler.
- **No personal credit check on a director** — the lender looks at the business, not your own file.
- **Bodies corporate only** — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is on [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example
*An illustration, not a real customer.* A commercial waste and recycling firm trading as a UK limited company runs a small fleet of collection vehicles and a transfer station. It has just won a three-year trade-waste contract with a local authority — good, dependable work, but the council pays on terms that sit a long way behind the weekly cost of crews and diesel. At the same time, the baler at the transfer station is on its last legs, and replacing it would let the firm process and sell on far more material from the new rounds.
Because the baler is a one-off cost with a clear payback, a fixed-term Business Bridging Loan to the company fits it cleanly: a known sum, repaid out of the extra material the new kit lets them bale and move. The agreement is with the company, so the directors give no personal guarantee and put no charge over their homes. And because the council contract leaves a recurring gap between paying the crews and being paid, a Credicorp Flex facility lets them draw to cover wages and fuel each month, then pay down when the contract settles.
*Made-up illustration to show the fit, not a quote — real amounts, pricing and terms are set by the lender at credicorp.co.uk.*
## Waste & recycling funding questions
**Can my collection company borrow to get a vehicle back on the road?** Yes — an off-road truck is one of the most pressing reasons a waste company reaches for short-term finance, because every day in the yard is a round it can't run. A Business Bridging Loan suits a single known repair or replacement; Credicorp Flex suits an operator keeping an ageing fleet turning.
**Will I have to give a personal guarantee or a charge over my home?** No. Credicorp lends to the company, not to you as a director — no personal guarantee, no charge over a home, no personal credit check on a director.
**Can I use it for plant at a recycling or transfer site?** Yes. A baler, a picking-line conveyor, a wheeled loader, a weighbridge repair or a grab are all working-capital uses; a fixed-term Bridging Loan often fits a plant purchase or overhaul cleanly.
**My council contract pays on long terms — can finance bridge that?** That gap is exactly what short-term working capital is for. Local-authority and commercial waste contracts are steady but slow; Credicorp Flex lets the company draw to cover wages and fuel and pay down when the contract settles.
**Does a swing in scrap or material prices affect borrowing?** Your gate fees and recyclate prices can move month to month, and holding a flexible facility helps — lean on it when a price dips, step back when margins recover. The borrower is always the company.
**Is this a consumer loan or a payday loan?** Neither. This is business credit to a body corporate, not consumer credit, and not for sole traders. Under Article 60B FSMA RAO 2001, lending to a UK company sits outside the consumer-credit regime.
## Related sectors
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — the same fleet, fuel and wages on long payment terms, and a vehicle that has to get back on the road fast.
- [Construction & trades](https://creditcorp.co.uk/industries/construction/) — heavy plant and materials bought before a slow-paying contract or valuation lands.
- [Manufacturing](https://creditcorp.co.uk/industries/manufacturing/) — capital plant and a production line that has to keep moving while customer invoices catch up.
Browse the whole set on the [industries hub](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/industries/wholesale/
========================================================================
---
title: "Business funding for wholesale & distribution — working capital for UK wholesalers"
description: "How short-term business finance fits incorporated UK wholesale and distribution companies — buying stock in bulk to hit price breaks, offering trade credit to buyers, and carrying inventory in the warehouse. 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/wholesale/"
locale: "en-GB"
updated: "2026-06-21"
---
# Working capital for wholesale & distribution
> A plain-English guide to short-term working capital for incorporated UK wholesale and distribution businesses. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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:** 21 June 2026
---
## Who can borrow
Credicorp 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/).
## Why wholesalers run short on cash
It is rarely about margin on the line — it is about how much cash sits frozen in stock and in your buyers' ledgers before it comes back.
- **Buying in bulk locks up cash up front.** The whole logic of wholesale is volume: order the full container, pallet or case quantity and the unit cost drops. But hitting a price break means paying for a lot of stock at once — often before you have a confirmed home for all of it. The discount is real; the cash to claim it has to be found weeks, sometimes months, before the goods sell through.
- **You extend credit to your own buyers.** Trade customers expect terms. Win a retailer or contractor and you are very likely carrying them on 30 or 60 days — that is the price of the account. You pay your suppliers on their terms, then wait on yours, financing the difference out of working capital.
- **Warehousing costs run whether stock moves or not.** Rent, racking, forklifts, handling staff, insurance and shrinkage all run in the background, and every pallet on the floor is cash that is not in the bank. Distributors live with the tension between holding enough breadth to fill orders next day and not drowning the account in slow-moving lines.
- **Demand arrives in lumps.** A seasonal peak, a big tender, a manufacturer's end-of-line clearance or a supplier's minimum order quantity all force you to commit in chunks. The order you place to be ready for the rush lands on the account long before the rush pays for it.
## Which finance fits a distribution business
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/).
- **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed buy: a bulk order that earns a price break, a manufacturer's clearance run you can flip quickly, or a stock build-up before a known peak.
- **Credicorp Flex** — a revolving facility to dip into and repay as inventory sells and buyers settle; you pay only for what you draw, not the whole limit, so an open facility sits ready for the next buying window.
- **Credicorp Slice** — settle a chunky supplier or import invoice in full today and repay over a few weeks for a flat fee.
We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply.
## The company borrows — not you
Plenty of wholesale owners have been asked to put their home on the line for a stock or working-capital facility. Credicorp is built differently: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the supplier accounts, the warehouse lease and the bank account. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. The company stands on its own trading position. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/).
## A worked example (illustrative, not a real customer)
A small catering-supplies wholesaler — a UK limited company with a leased unit, two vans and a handful of staff — supplies cafes, pubs and independent restaurants. A manufacturer offers a full-pallet price on a fast-moving range: take the volume now and the case cost drops sharply, easily worth it across the season. The catch is that the pallet has to be paid for on the supplier's 30-day terms, and it lands just as a new chain account — a genuine win — comes on board on 60-day credit.
So the warehouse fills, the rent and handling staff run as usual, and the company is now carrying the bulk buy *and* bankrolling a big new buyer at the same time. On paper the numbers are healthy — good margin on the range, a stockist that will reorder for years. In the bank account, the company is funding the gap between paying the maker and being paid by the chain, with cash sitting on the racking in between.
Rather than pass on the volume deal or lean on the director personally, the company bridges the gap with short-term finance against its own trading position, covering the bulk buy, and repays as the stock sells through and the new account settles its first invoices. Same margin, same account won — the cash was simply there when the buying window was open. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/).
## Common questions
**Can my wholesale company borrow without a personal guarantee from the director?**
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not the director who signs. No personal guarantee, no charge over a home and no personal credit check on a director.
**We want to buy a big container in bulk to hit a price break. Can funding cover that?**
That is one of the most common reasons wholesalers look at short-term finance. A Business Bridging Loan or Credicorp Slice can fund a large purchase now, so you secure the volume discount, with repayment timed around the stock selling through.
**We offer our trade buyers 30 and 60-day credit. Does the funding take that into account?**
Offering credit terms to your buyers is normal in distribution — often the price of winning the account. Credicorp looks at the company as a whole rather than securing against any one customer ledger, so the gap between paying your suppliers and being paid by your stockists is exactly what these products are built to bridge.
**Can the funding help with warehousing and the cost of holding stock?**
Yes. Rent, racking, handling, insurance and the simple fact of cash sitting on the shelf as inventory all weigh on a distributor. Short-term working capital can ease the squeeze of carrying stock between buying it in and shipping it out.
**Are you a bank, and is this regulated consumer credit?**
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001 — business credit, not a regulated consumer credit agreement. It is not for sole traders or personal-name borrowing.
**Where do I actually apply?**
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/).
## Related sectors
- [Retail & shops](https://creditcorp.co.uk/industries/retail/) — buying stock ahead of a busy season and smoothing the gap between paying suppliers and ringing the till.
- [Manufacturing](https://creditcorp.co.uk/industries/manufacturing/) — funding a raw-materials run or fulfilling a large order while customer invoices catch up.
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/) — covering fuel, vehicles and wages on long payment terms while you move the goods.
See the full [industries overview](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/cleaning-services/
========================================================================
---
title: "Business funding for cleaning services — working capital for UK commercial cleaning companies"
description: "How short-term business finance fits incorporated UK commercial and contract cleaning companies — meeting payroll before client invoices clear, kit and materials, and staffing up for a new contract. 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/cleaning-services/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for cleaning services
> How short-term business finance fits incorporated UK commercial and contract cleaning companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 cleaning companies hit a cash gap
Commercial and contract cleaning businesses often front cost before income arrives:
- **Payroll before invoices clear** — staff are paid weekly or fortnightly; client invoices settle on 30-day or longer terms.
- **Consumables and equipment** — chemicals, machinery, PPE and uniforms go out before the contract earns.
- **Staffing up for a new contract** — a big site win means wage costs before the first invoice is raised.
- **Equipment replacement** — a commercial floor machine or carpet extractor fails mid-contract and must be replaced immediately.
- **Seasonal peaks** — post-event or end-of-lease cleans land all at once, needing extra staff and kit.
## 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 over a short fixed term — replacing a piece of equipment or covering a specific upfront contract cost.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge payroll while invoices clear, then repay as clients settle and draw again for the next cycle.
- **One supplier bill to spread — Credicorp Slice.** Settles a single chunky invoice — a machinery order, a bulk-chemicals buy — 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 sole-trader cleaning business trading in its own name is not eligible.
## Cleaning services — common questions
**Can a limited-company cleaning firm 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.
**Our clients pay on 45-day terms but we pay wages weekly. Can funding bridge that gap?**
Yes. A Credicorp Flex facility is structured for exactly this: draw when payroll goes out, repay when client invoices settle, and repeat each cycle, paying interest only on the drawn balance.
**We just won a big contract and need to hire quickly. Can funding cover the ramp-up?**
Short-term working capital can cover the first few weeks of payroll and consumables before the contract income begins to flow. The lender looks at the company's ability to repay, not at a purpose statement.
**We need to replace a floor machine immediately. Is that covered?**
A fixed equipment cost with a known price fits a Business Bridging Loan — a single lump sum, repaid over a short term. For a single supplier invoice, Credicorp Slice may fit instead.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Facilities management & property](https://creditcorp.co.uk/industries/property/)
- [Logistics & transport](https://creditcorp.co.uk/industries/logistics/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/couriers-and-delivery/
========================================================================
---
title: "Business funding for couriers & delivery — working capital for UK courier and last-mile companies"
description: "How short-term business finance fits UK courier and last-mile delivery companies — fuel and driver pay before client invoices clear, vehicle upkeep, and ramping up for a new contract. 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/couriers-and-delivery/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for couriers & delivery
> How short-term business finance fits incorporated UK courier and last-mile delivery companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 courier and delivery companies hit a cash gap
The delivery economy runs on tight margins and fast costs:
- **Fuel before invoices clear** — fuel cards and diesel go out daily; client invoices on 30-day terms lag weeks behind.
- **Driver wages** — self-employed or PAYE, drivers need paying before the parcel-network invoice is settled.
- **Vehicle repairs** — a van off the road is revenue lost; parts and labour must be paid immediately.
- **Ramping for a new contract** — a new logistics or e-commerce client means more vans and drivers before the first invoice is raised.
- **Plating and licensing** — renewal costs hit all at once and cannot wait on client payment cycles.
- **Fuel duty and VAT timing** — reclaim cycles create short gaps when tax paid is ahead of tax reclaimed.
## 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 van repair, a licensing bill, a contract ramp-up cost.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge wages and fuel while invoices settle, then repay as clients pay.
- **One supplier bill to spread — Credicorp Slice.** Settles a single chunky invoice — a fuel card or parts bill — 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 sole-trader courier is not eligible.
## Couriers & delivery — common questions
**Can a limited-company courier business 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.
**Our client pays on 30-day terms but fuel and wages go out daily. Can funding bridge that?**
Yes. A Credicorp Flex facility is built for exactly this: draw when costs go out, repay when the invoice settles, and draw again for the next cycle, paying interest only on the drawn balance.
**A van has broken down and we need the repair now. What fits?**
A defined repair cost with a known amount fits a Business Bridging Loan — a fixed lump sum repaid over a short term. For a single garage invoice, Credicorp Slice may fit.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Logistics & transport](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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/electrical-and-plumbing/
========================================================================
---
title: "Business funding for electrical & plumbing — working capital for UK M&E companies"
description: "How short-term business finance fits incorporated UK electrical and plumbing companies — materials up front, staged payments, retentions held back and slow-paying main contractors. 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/electrical-and-plumbing/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for electrical & plumbing companies
> How short-term business finance fits incorporated UK electrical and plumbing (M&E) companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 electrical and plumbing companies hit a cash gap
Trades businesses front material costs long before staged or final payments arrive:
- **Materials up front** — cable, pipe, fittings and switchgear are bought before the first site visit, often before any payment is certified.
- **Staged payments lagging** — contractor payment applications are certified and paid weeks or months after work is complete.
- **Retentions held back** — 5–10% withheld for 12–24 months after practical completion.
- **Slow main contractors** — a sub-contractor waiting on a main contractor's 60-day payment runs can carry significant float.
- **Emergency call-outs** — parts and labour for a boiler or electrical fault must be paid before a landlord or facilities manager settles.
- **Tool and van fleet** — specialist kit and vehicles need replacing with no notice.
## 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 material order for a specific job, a tool purchase, a van repair.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge material costs while payment applications clear; repay as certified payments arrive and draw again for the next job.
- **One supplier bill to spread — Credicorp Slice.** Settles a single merchant or supplier 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 sole-trader tradesperson is not eligible.
## Electrical & plumbing — common questions
**Can a limited-company M&E contractor 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.
**Our main contractor pays on 60-day terms but we buy materials on 30. Can funding bridge that gap?**
Yes. A Credicorp Flex facility is built for this: draw when material invoices fall due, repay when the certified payment clears, and draw again for the next application, paying interest only on the drawn balance.
**We have a retention held for 12 months. Can we borrow against that gap?**
Short-term finance is not structured around a retention release date, but it can cover day-to-day float while retentions are locked up. Discuss specifics with the lender 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 Creditcorp brand front door and does not take applications.
## Related sectors
- [Construction](https://creditcorp.co.uk/industries/construction/)
- [Landscaping](https://creditcorp.co.uk/industries/landscaping/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/events-and-entertainment/
========================================================================
---
title: "Business funding for events & entertainment — working capital for UK events and production companies"
description: "How short-term business finance fits UK events, production and entertainment companies — paying deposits, crew and kit up front for a booking that settles on completion, and riding seasonal peaks. 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/events-and-entertainment/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for events & entertainment companies
> How short-term business finance fits incorporated UK events, production and entertainment companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 events companies hit a cash gap
Events and entertainment businesses are paid after the event — costs hit long before:
- **Venue and supplier deposits** — deposits go out months in advance of the event date.
- **Crew and freelancers** — sound, light, catering and technical crew are paid on or before the event; the client invoice settles on completion.
- **Kit hire and purchase** — production equipment hired or bought before the event earns anything.
- **Seasonal concentration** — summer outdoor season, Christmas parties and award ceremonies land in a short window; cash must cover a quiet Q1.
- **Corporate clients on 30–60 day terms** — the event is done; the invoice sits for two months.
- **Touring and travel costs** — pre-paid transport and accommodation for touring shows.
## 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 venue deposit, a kit purchase, a crew payroll for a specific event.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge between booking costs and client settlement; draw before the event, repay when the invoice clears.
- **One supplier bill to spread — Credicorp Slice.** Settles a single chunky invoice — a kit-hire bill, a logistics 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 sole-trader event planner is not eligible.
## Events & entertainment — common questions
**Can a limited-company events business 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.
**Our client pays after the event but we need deposits three months in advance. Can funding cover that gap?**
Yes. A Business Bridging Loan covers a defined upfront cost against a known future income, and a Credicorp Flex facility can handle a rolling pattern of deposit-then-settle cycles.
**We have a very busy summer and a quiet Q1. Can we use finance to smooth cash flow year-round?**
Yes. A revolving Credicorp Flex facility is designed for exactly this — draw during lean months, repay during flush ones, paying interest only on the drawn balance.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Creative media](https://creditcorp.co.uk/industries/creative-media/)
- [Hospitality](https://creditcorp.co.uk/industries/hospitality/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/florists/
========================================================================
---
title: "Business funding for florists — working capital for UK florist companies"
description: "How short-term business finance fits UK florist companies — buying perishable stock ahead of peak seasons, a shop refit, or extra hands for a peak. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/florists/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for florists
> How short-term business finance fits incorporated UK florist companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 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 florists hit a cash gap
Floral retail is defined by perishable stock, seasonal spikes and cash timing:
- **Valentine's Day and Mother's Day** — the two biggest peaks demand stock bought weeks in advance; income arrives over a few days.
- **Wedding season** — a summer wedding diary fills with deposits months before the flowers are bought; the bulk of the stock cost is a week before the event.
- **Christmas and other peaks** — trees, wreaths and seasonal arrangements need stocking up before income arrives.
- **Shop refit or new display** — a shop refresh or new chiller is a known cost that a busy season will repay.
- **Funerals at short notice** — a sympathy order means flowers bought today for an event in 48 hours.
- **Wholesale minimum orders** — buying enough to qualify for the best prices means tying up cash between delivery and sale.
## 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 peak-season stock buy, a shop refit, a new chiller.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge wholesale purchases ahead of retail peaks; repay as the season earns.
- **One supplier bill to spread — Credicorp Slice.** Settles a single wholesale 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 personal credit check** on the director's own file.
Only bodies corporate — UK limited companies, LLPs and PLCs — are eligible. A sole-trader florist trading in their own name is not eligible.
## Florists — common questions
**Can a limited-company florist 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 personal credit check on a director.
**We buy perishable stock weeks before Valentine's Day and need the cash before income arrives. What fits?**
A Business Bridging Loan covers a defined pre-season stock cost against the known peak income. For a single wholesale invoice, Credicorp Slice may fit better.
**Can we fund a shop refit or new chiller?**
A fixed, named cost with a clear repayment source fits a Business Bridging Loan — one lump sum, a short fixed term, no open-ended commitment.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Retail](https://creditcorp.co.uk/industries/retail/)
- [Hospitality](https://creditcorp.co.uk/industries/hospitality/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/funeral-directors/
========================================================================
---
title: "Business funding for funeral directors — working capital for UK funeral-director companies"
description: "How short-term business finance fits incorporated UK funeral-director companies — disbursements paid out before the estate settles, premises and the fleet. 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/funeral-directors/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for funeral directors
> How short-term business finance fits incorporated UK funeral-director companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 funeral directors hit a cash gap
Funeral directors front significant costs before an estate can pay:
- **Disbursements paid immediately** — cremation fees, burial fees, doctor's certificates and third-party costs are settled upfront; families may take weeks or months to settle the account.
- **Funeral plan redemptions** — a pre-paid plan is redeemed at cost; if the plan value has not kept pace with actual costs, the business absorbs the difference.
- **Fleet and premises** — hearses and limousines require maintenance and replacement; premises need fitting out to a standard expected by families.
- **Staff and rotas** — a skilled team of funeral directors, embalmers and drivers must be paid regularly, regardless of when estate income arrives.
- **Unexpected busy periods** — a sharp upturn in demand (seasonal or otherwise) puts pressure on fleet and stock.
## 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 replacement, a premises refit, a specific fleet or equipment cost.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge disbursements paid out before families settle; repay as accounts clear and draw again.
- **One supplier bill to spread — Credicorp Slice.** Settles a single supplier invoice — a casket order, a maintenance bill — 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 sole-trader funeral director is not eligible.
## Funeral directors — common questions
**Can a limited-company funeral director 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.
**We pay disbursements immediately but families take months to settle. Can we bridge that gap?**
Yes. A Credicorp Flex facility is designed for this recurring pattern: draw when disbursements go out, repay as families settle accounts, and draw again for the next need.
**We need to replace a hearse. What fits?**
A known vehicle replacement cost fits a Business Bridging Loan — a single lump sum, a short fixed term, no open-ended commitment.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Healthcare](https://creditcorp.co.uk/industries/healthcare/)
- [Professional services](https://creditcorp.co.uk/industries/professional-services/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/opticians/
========================================================================
---
title: "Business funding for opticians — working capital for UK optician practices"
description: "How short-term business finance fits incorporated UK optician practices — frame and lens stock, test equipment, a practice fit-out, and the wait on insurer and NHS payment runs. 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/opticians/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for optician practices
> How short-term business finance fits incorporated UK optician practices. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 optician practices hit a cash gap
Optics businesses carry significant stock and face delayed reimbursement:
- **Frame and lens stock** — a full display requires a substantial upfront inventory investment before any sale is made.
- **Diagnostic equipment** — an OCT scanner, a tonometer or an auto-refractor is a large capital cost that earns gradually through the patient list.
- **NHS GOS payment lag** — NHS general ophthalmic services fees are paid monthly in arrears; a busy practice floats a significant sum between service delivery and payment.
- **Insurance reimbursements** — health insurer claims settle on their own schedule, often 30–60 days behind treatment.
- **Practice fit-out** — a new or refurbished practice requires capital before a single patient walks through the door.
- **Contact lens subscriptions** — stocking contact lens brands ahead of patient demand ties up cash.
## 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 piece of diagnostic equipment, a fit-out cost, a specific frame collection buy-in.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge NHS and insurer payment lags; repay as payment runs clear and draw again as new claims are submitted.
- **One supplier bill to spread — Credicorp Slice.** Settles a single supplier invoice — a frame delivery, a lens stock order — 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 sole-trader optician is not eligible.
## Opticians — common questions
**Can a limited-company optician practice 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.
**NHS payments arrive monthly but we carry significant stock. Can we bridge that gap?**
Yes. A Credicorp Flex facility handles a recurring lag between stock purchased and reimbursement received — draw when stock costs hit, repay when NHS or insurer payments arrive.
**We want to buy an OCT scanner. What fits?**
A defined equipment cost fits a Business Bridging Loan — a single lump sum over a short fixed term. For a single supplier invoice, Credicorp Slice may fit.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Healthcare](https://creditcorp.co.uk/industries/healthcare/)
- [Dental](https://creditcorp.co.uk/industries/dental/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/pharmacy/
========================================================================
---
title: "Business funding for pharmacy — working capital for UK community pharmacy companies"
description: "How short-term business finance fits incorporated UK community pharmacy companies — buying dispensing stock up front, the lag on NHS reimbursement, and funding a refit or new equipment. 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/pharmacy/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for community pharmacy
> How short-term business finance fits incorporated UK community pharmacy companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 community pharmacies hit a cash gap
Community pharmacy operates on tight margins with a significant NHS reimbursement lag:
- **Dispensing stock bought up front** — drug wholesalers invoice immediately; NHS reimbursement arrives monthly in arrears, weeks after dispensing.
- **Drug price fluctuations** — sudden price increases mean the pharmacy pays more now than it will eventually be reimbursed.
- **Category M and concession pricing** — prices are set retrospectively; the pharmacy must hold stock at the price paid today.
- **Refit and compliance** — a GPhC inspection or expansion requires premises spend before income reflects the improvement.
- **OTC and retail stock** — over-the-counter and front-of-house stock is a cash investment between purchase and sale.
- **Locum and staffing cover** — dispensing requires qualified staff; locum cover is paid upfront when a regular pharmacist is absent.
## 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 refit, a specific equipment purchase, a large drug buy for a seasonal surge.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge the NHS reimbursement lag; draw when wholesaler invoices fall due, repay when the monthly NHS payment arrives.
- **One supplier bill to spread — Credicorp Slice.** Settles a single wholesaler 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 sole-trader pharmacist is not eligible.
## Community pharmacy — common questions
**Can a limited-company pharmacy 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.
**We buy dispensing stock now but NHS reimbursement arrives four weeks later. Can we bridge that?**
Yes. A Credicorp Flex facility is designed for this: draw when the wholesaler invoice falls due, repay when NHS payment arrives, and repeat each cycle, paying interest only on the drawn balance.
**We need to refit to meet GPhC requirements. What fits?**
A defined refit cost fits a Business Bridging Loan — a single lump sum, a short fixed term, repaid as trading income covers it.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Healthcare](https://creditcorp.co.uk/industries/healthcare/)
- [Dental](https://creditcorp.co.uk/industries/dental/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/recruitment-agencies/
========================================================================
---
title: "Business funding for recruitment agencies — working capital for UK staffing companies"
description: "How short-term business finance fits UK recruitment and staffing companies — paying temps and contractors weekly while clients settle on 30 to 60 day terms. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk."
canonical: "https://creditcorp.co.uk/industries/recruitment-agencies/"
locale: "en-GB"
updated: "2026-06-22"
---
# Working capital for recruitment agencies
> How short-term business finance fits incorporated UK recruitment and staffing companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 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 recruitment agencies hit a cash gap
The structural cash gap in recruitment is fundamental — temps are paid weekly, clients settle monthly:
- **Temp and contractor payroll** — temps and contractors are paid every Friday; client invoices are raised weekly but settled on 30–60 day terms.
- **NIC and PAYE timing** — employer NICs go out monthly; the temp margin that covers them may lag in client payment cycles.
- **Holiday pay accruals** — accrued holiday pay for temps creates a liability that falls due at inconvenient times.
- **New client ramp-up** — placing a large temp team for a new client means weeks of payroll before the first invoice settles.
- **Seasonal spikes** — Christmas retail, summer warehousing and harvest logistics create sudden demand for large temp deployments.
- **Permanent placement credit** — a perm fee invoice on 30-day terms means working capital is committed while the fee is outstanding.
## 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 to cover a specific payroll run or a new client ramp-up cost.
- **An ongoing swing — Credicorp Flex.** A revolving facility to bridge the weekly payroll versus 30-day settlement cycle; draw on payday, repay when client invoices clear.
- **One supplier bill to spread — Credicorp Slice.** Settles a single defined cost — payroll software, a compliance audit, an office lease payment — in full today.
## 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 personal credit check** on the director's own file.
Only bodies corporate — UK limited companies, LLPs and PLCs — are eligible. A sole-trader recruiter is not eligible.
## Recruitment agencies — common questions
**Can a limited-company recruitment agency 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 personal credit check on a director.
**We pay temps weekly but clients settle on 45-day terms. Can we fund that gap?**
Yes. A Credicorp Flex facility is structured for exactly this payroll lag: draw each Friday when wages go out, repay as client invoices clear over the following weeks, and repeat.
**We just won a large temp contract and need to cover three weeks of payroll before the first invoice settles. What fits?**
A Business Bridging Loan covers a defined payroll cost — a single lump sum over a short fixed term — with a clear repayment once the first invoice is paid.
**Where do we actually apply?**
On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications.
## Related sectors
- [Professional services](https://creditcorp.co.uk/industries/professional-services/)
- [Logistics](https://creditcorp.co.uk/industries/logistics/)
- [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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
========================================================================
# PAGE: https://corp.creditcorp.co.uk/industries/taxi-and-private-hire/
========================================================================
---
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 Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp 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
Credicorp 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 Creditcorp 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
Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.
---
© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).
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# PAGE: https://corp.creditcorp.co.uk/tools/
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# Business finance calculators & tools — Creditcorp
Six free business-finance calculators for UK companies. Everything runs in your browser — nothing is sent anywhere, nothing is stored, no sign-in required.
From Creditcorp, the brand front door for the Credicorp group. Product tools use Credicorp's published terms; the planning tools are general. To apply, head to credicorp.co.uk.
## Product cost calculators
Built on Credicorp's published product terms. Results are illustrations only — the live cost is confirmed when you apply.
### [Bridging Loan cost calculator](/tools/bridging-loan-cost/)
Work out the interest, £5 establishment fee and total to repay on a Business Bridging Loan of £50–£500 over 14–84 days at 0.25% a day on the outstanding principal, cost capped at 100%.
### [Flex facility cost calculator](/tools/flex-facility-cost/)
Work out the daily interest on a Credicorp Flex drawing and the minimum payment due each 14-day cycle. Interest at 0.25%/day on the drawn balance only; £5 fee on the first drawdown.
### [Slice instalments calculator](/tools/slice-instalments/)
Split a supplier bill of £50–£2,000 into 3 or 4 fortnightly instalments. Flat 6% fee, no daily interest, cost capped at 100%.
## Planning tools
General business-finance tools, independent of any specific product.
### [Working-capital gap calculator](/tools/working-capital-gap/)
Estimate your cash conversion cycle (CCC) and the working capital your trade ties up at any one time. Inputs: receivables days, inventory days, payables days, monthly revenue.
Formula: `CCC = receivables_days + inventory_days − payables_days`; `gap = (monthly_revenue / 30) × CCC`.
### [Late-payment interest calculator](/tools/late-payment-interest/)
Calculate the statutory interest and fixed compensation you can claim on an overdue commercial invoice under the Late Payment of Commercial Debts (Interest) Act 1998. Statutory rate = Bank of England base rate + 8% per annum. Fixed compensation: £40 (under £1,000), £70 (£1,000–£9,999), £100 (£10,000+).
### [Cashflow runway calculator](/tools/cashflow-runway/)
See how many months your company's cash lasts at a given net monthly burn. Formula: `runway_months = current_cash / net_monthly_burn`. A runway under 3 months is a common trigger to explore short-term finance.
## Links
- [Business Bridging Loan — how it works](/learn/how-business-bridging-loans-work/)
- [Credicorp Flex — what a revolving credit facility is](/learn/what-a-revolving-credit-facility-is/)
- [Compare all three Credicorp products](/compare/the-three-products/)
- [Apply at credicorp.co.uk](https://credicorp.co.uk/apply/)
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# PAGE: https://corp.creditcorp.co.uk/tools/bridging-loan-cost/
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# Business Bridging Loan cost calculator
Work out the interest, £5 fee and total to repay on a Credicorp Business Bridging Loan. Runs entirely in your browser — no data leaves your device.
**[→ Apply for a Business Bridging Loan at credicorp.co.uk](https://credicorp.co.uk/business-loans/)**
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the operating lender at credicorp.co.uk.
## Inputs
- **Amount borrowed** — £50 to £500 (the principal).
- **Term in days** — 14 to 84 days.
## How the calculation works
- **Daily interest** — 0.25% a day on the outstanding principal.
- **Establishment fee** — a one-time £5, charged once at drawdown.
- **100% cost cap** — the total cost of credit (interest + fee) can never exceed 100% of the amount borrowed.
Formula:
```
interest = amount × 0.0025 × days
fee = £5
total_cost = min(interest + fee, amount) // capped at 100%
total_to_repay = amount + total_cost
```
## Example
A company borrows £300 for 30 days:
- Interest: £300 × 0.0025 × 30 = £22.50
- Fee: £5.00
- Total cost: £27.50 (9.2% of principal — well below the 100% cap)
- Total to repay: £327.50
Figures are illustrative. Live pricing is set by the lender and can change — check at credicorp.co.uk before applying.
## Who can borrow?
UK incorporated companies only — limited companies (Ltd), LLPs and PLCs. Sole traders and individuals are not eligible. The company is the borrower; no personal guarantee, no charge over a director's home, no personal credit check.
## Links
- [How business bridging loans work](/learn/how-business-bridging-loans-work/)
- [The 100% cost cap explained](/learn/the-100-percent-cost-cap/)
- [Early repayment explained](/learn/early-repayment-explained/)
- [Apply at credicorp.co.uk](https://credicorp.co.uk/business-loans/)
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# PAGE: https://corp.creditcorp.co.uk/tools/flex-facility-cost/
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# Credicorp Flex facility cost calculator
Work out the cost of a single Credicorp Flex drawing and the minimum payment due each 14-day cycle. Runs entirely in your browser.
**[→ Open a Flex facility at credicorp.co.uk](https://credicorp.co.uk/business-credit-facility/)**
Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the operating lender.
## Inputs
- **Amount drawn** — £50 to £500.
- **Days drawn** — how long since the drawing was made.
## How the calculation works
- **Daily interest** — 0.25% a day on the drawn balance only. Undrawn credit costs nothing.
- **First-drawdown fee** — £5, charged once on the first drawing from a facility.
- **14-day cycle** — the minimum payment (10% of drawn balance or £20, whichever is greater) is due every 14 days.
- **100% cost cap** — the total cost per drawing can never exceed 100% of the amount drawn.
Formula:
```
interest = drawn × 0.0025 × days
fee = £5 // on first drawing only
total_cost = min(interest + fee, drawn)
minimum_payment = max(drawn × 0.10, 20)
```
## Who can use Flex?
UK incorporated companies only. The company draws, repays, and redraws as often as needed within the facility limit. No personal guarantee, no charge over the director's home.
## Links
- [What a revolving credit facility is](/learn/what-a-revolving-credit-facility-is/)
- [A loan or a facility — how to choose](/learn/a-loan-or-a-facility/)
- [Open a Flex facility at credicorp.co.uk](https://credicorp.co.uk/business-credit-facility/)
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# PAGE: https://corp.creditcorp.co.uk/tools/slice-instalments/
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# Credicorp Slice instalment calculator
Split a £50–£2,000 supplier bill into 3 or 4 instalments and see the flat 6% fee, total and per-instalment amount. Runs entirely in your browser.
**[→ Use Credicorp Slice at credicorp.co.uk](https://credicorp.co.uk/credicorp-slice/)**
## Inputs
- **Bill amount** — £50 to £2,000 (the supplier invoice total).
- **Number of instalments** — 3 or 4.
## How the calculation works
- **Flat fee** — 6% of the bill amount, charged once.
- **No daily interest** — unlike the Bridging Loan or Flex, Slice uses a single flat fee.
- **100% cost cap** — the fee (6%) sits well below the cap. The cap acts as a backstop.
- **Term** — up to 8 weeks across the chosen number of instalments.
Formula:
```
fee = bill × 0.06
total_to_repay = bill + fee
per_instalment = total_to_repay / instalments
```
## Example
A company has a £1,000 supplier bill and chooses 4 instalments:
- Fee: £1,000 × 6% = £60
- Total to repay: £1,060
- Per instalment (4): £265
## Who can use Slice?
UK incorporated companies only. Credicorp pays the supplier in full today; the company repays across the term. No personal guarantee, no charge over a director's home.
## Links
- [Compare the three products](/compare/the-three-products/)
- [Slice vs invoice finance](/compare/slice-vs-invoice-finance/)
- [Use Credicorp Slice at credicorp.co.uk](https://credicorp.co.uk/credicorp-slice/)
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# PAGE: https://corp.creditcorp.co.uk/tools/working-capital-gap/
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# Working-capital gap calculator
Estimate your cash conversion cycle and how much working capital your trade ties up at any one time. A free planning tool — no data leaves your browser.
From Creditcorp, the growing name for the Credicorp group.
## Inputs
- **Receivables days** — average days between invoicing a customer and receiving payment.
- **Inventory days** — average days stock sits before it is sold.
- **Payables days** — average days between receiving a supplier invoice and paying it.
- **Monthly revenue** — your average monthly turnover.
## How the calculation works
The cash conversion cycle (CCC) measures how long cash is tied up between paying for inputs and receiving payment from customers.
Formula:
```
CCC (days) = receivables_days + inventory_days − payables_days
working_capital_gap = (monthly_revenue / 30) × CCC
```
A longer CCC means more cash is tied up in the business cycle. A positive gap suggests a potential working-capital need.
## Example
A company with:
- Receivables: 45 days
- Inventory: 20 days
- Payables: 30 days
- Monthly revenue: £50,000
CCC = 45 + 20 − 30 = 35 days
Gap = (£50,000 / 30) × 35 = **£58,333**
This is a planning figure, not a guaranteed borrowing amount. Actual needs depend on many factors.
## Links
- [The cash-flow gap explained](/learn/cashflow-gap-explained/)
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/)
- [Apply for working capital at credicorp.co.uk](https://credicorp.co.uk/apply/)
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# PAGE: https://corp.creditcorp.co.uk/tools/late-payment-interest/
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# Late-payment interest calculator (UK)
Work out the statutory interest and fixed compensation you can claim on an overdue commercial invoice under the Late Payment of Commercial Debts (Interest) Act 1998. Runs entirely in your browser.
From Creditcorp — educational information, not legal advice.
## Inputs
- **Invoice amount** — the outstanding principal (£).
- **Days overdue** — number of days past the agreed payment date (or 30 days if none was agreed).
- **Bank of England base rate** — the current base rate (%). The Act adds 8% to this.
## How the calculation works
Under the Late Payment of Commercial Debts (Interest) Act 1998:
- **Statutory interest rate** = Bank of England base rate + 8% per annum.
- **Daily interest** = invoice amount × (annual_rate / 365) × days_overdue.
- **Fixed compensation** — a flat sum based on the invoice value:
- Up to £999.99 → £40
- £1,000 to £9,999.99 → £70
- £10,000 and over → £100
Formula:
```
annual_rate = base_rate + 0.08
daily_rate = annual_rate / 365
interest = invoice × daily_rate × days_overdue
compensation = £40 | £70 | £100 // based on invoice size
total_claim = interest + compensation
```
## Who can use this?
Any business selling to another business on commercial credit terms. The Act applies to UK B2B transactions. It does not apply to consumer sales or public authority contracts under separate rules.
## Links
- [What a business loan agreement covers](/learn/what-a-business-loan-agreement-covers/)
- [The cash-flow gap explained](/learn/cashflow-gap-explained/)
- [Apply at credicorp.co.uk](https://credicorp.co.uk/apply/)
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# PAGE: https://corp.creditcorp.co.uk/tools/cashflow-runway/
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# Cashflow runway calculator
See how many months your company cash lasts at a given net monthly burn — a quick planning check before you borrow. Runs entirely in your browser.
From Creditcorp, the growing name for the Credicorp group.
## Inputs
- **Current cash balance** — how much cash the company holds today (£).
- **Net monthly burn** — average monthly outgoings minus average monthly inflows (£). Use a positive number if the company is spending more than it earns each month.
## How the calculation works
Formula:
```
runway_months = current_cash / net_monthly_burn
```
A runway of 3 months or less is a common trigger to look at short-term financing options.
## Interpreting the result
| Runway | Signal |
|--------|--------|
| 6+ months | Comfortable — time to plan without urgency |
| 3–6 months | Watch closely — start reviewing options |
| Under 3 months | Act now — explore finance before cash runs out |
This is a planning tool, not financial advice. Actual runway depends on revenue variability, one-off costs and other factors not captured here.
## Links
- [Is short-term borrowing right for you?](/learn/is-short-term-borrowing-right-for-you/)
- [The cash-flow gap explained](/learn/cashflow-gap-explained/)
- [When a short bridge makes sense](/learn/when-a-short-bridge-makes-sense/)
- [Apply at credicorp.co.uk](https://credicorp.co.uk/apply/)