Leeds is one of the UK's fastest-growing commercial centres, and limited companies operating in the city — from financial services firms in the city centre to manufacturing businesses in the Aire Valley — regularly need fast, flexible working capital. Credicorp lends directly to the company, not to its directors, so there is no personal guarantee required.
What can Leeds companies use the funding for?
Common purposes include bridging a gap in trade credit terms, funding a short-term equipment purchase, covering payroll during a slow invoicing period, or taking on a new contract that requires upfront spend. As the loan is to the limited company, it sits on the company's balance sheet, not the director's personal finances.
How quickly can a Leeds business access funds?
Once an application is submitted and supporting documents provided, our decision process is typically completed within one to two working days. Disbursement follows credit approval — illustrative timelines only and not a guarantee for any individual case.
Is there a minimum or maximum loan size?
We work with established limited companies and LLPs across a range of loan sizes appropriate to the business's trading history and financial position. Indicative ranges are illustrative, not a quote; the actual offer depends on the company's circumstances at the time of application.
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 Sheffield, Business finance for limited companies in Bristol.