Basingstoke is one of the South East's most active commercial centres outside London, with a strong base of corporate offices, distribution companies and technology businesses. Limited companies here often face the same challenge as those anywhere: a gap between money owed to you and money due from you. Credicorp's short-term products are designed to bridge that gap at company level.
Three products, three use cases
- Business Loan — a fixed advance for a defined short period. Straightforward if you know exactly what you need and when you can repay.
- Credicorp Flex — a revolving credit facility. Borrow up to your agreed limit, repay partially or fully, and draw again. Suits businesses where demand — and therefore cash need — varies.
- Credicorp Slice — spread one large bill across three or four weekly instalments at a flat 6% fee. A practical option when a single cost would otherwise squeeze cashflow.
Why companies in Basingstoke use Credicorp
Large corporate neighbours and long payment terms can create predictable but frustrating cash cycles. A distribution company waiting 60 days for a retailer to pay, or a professional-services firm carrying WIP costs for several months, may need a short-term solution that traditional banks are slow to provide. Credicorp's process is online and designed to move quickly.
Eligibility in brief
Your business must be a UK registered limited company or LLP. Credicorp looks at the company's trading record and current position. There is no personal guarantee requirement and no need to be physically located in any particular area to apply.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Business finance for limited companies in Guildford, Business finance for limited companies in Crawley.