Demolition is a specialist trade with high mobilisation costs — plant, safety systems, asbestos surveys, and disposal logistics all run ahead of any certified payment. Credicorp lends directly to your limited company or LLP without requiring a director to pledge personal assets.
Front-loaded costs in demolition contracts
Before a single wall comes down, a demolition company may need to fund structural surveys, hazardous material assessments, specialist removal subcontractors, temporary protection, and plant mobilisation. On public-sector or main-contractor-led schemes, payment applications can take 30 to 45 days to certify after work is complete. A Business Loan provides a fixed sum to carry those early-stage costs through to certification.
Revolving credit for a project-by-project business
Demolition firms move quickly between sites. Credicorp Flex gives you a revolving line of credit that fits this pattern: mobilise on contract A using the facility, receive payment, repay the drawdown, then draw again for contract B. The limit stays in place across your order book, so you are not reapplying each time.
Spreading specialist subcontractor and disposal invoices
Asbestos removal firms, skip and crusher hire, and licensed waste carriers often invoice on delivery — not on your payment terms. Credicorp Slice splits a significant single invoice into three or four weekly instalments at a flat 6% fee, keeping those costs from creating a single-day drain on your account.
- Plant hire: excavators, pulverisers, and cranes
- Asbestos and hazardous material surveys and removal
- Licensed waste disposal and tipping fees
- Temporary hoarding and site protection
- Labour for strip-out and structural demolition
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: Can a civil engineering firm borrow without a personal guarantee?, How does plant hire finance work for limited companies?, Can a groundwork contractor get business finance without a personal guarantee?