Credicorp provides business finance to UK limited companies and LLPs, including those based in Carlisle and across Cumbria. Distance from major financial centres is not a barrier — our application process is entirely online.
Why do Carlisle businesses use short-term commercial finance?
Carlisle sits at a crossroads for agriculture, logistics, construction, and cross-border trade with Scotland. Companies in these sectors often face timing mismatches: a haulage firm needing to cover fuel and wages before freight invoices settle, or a contractor funding materials on a public-sector project with long payment cycles. A Credicorp Business Loan or Flex revolving facility gives the company access to working capital without a director having to pledge personal assets.
How does the Flex revolving facility work for a Carlisle company?
Credicorp Flex sets a credit limit on your company's account. You draw funds when needed and repay as company income arrives, then draw again. There is no need to reapply each time. For businesses with recurring but unpredictable cash needs — seasonal trading, variable project pipelines — this is often more efficient than a series of fixed loans.
What about smaller one-off bills?
Credicorp Slice is designed for exactly that: a single large bill spread over three or four weekly instalments at a flat 6% fee. It is not a loan in the traditional sense — it simply defers the payment in a structured, predictable way.
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 Lancaster limited companies, Short-term finance for Stockport limited companies, Business finance for King's Lynn limited companies