# 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 site 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/)