Credicorp offers three short-term commercial finance products to UK limited companies and LLPs, including those registered or trading in Nuneaton and the wider North Warwickshire area. Each product addresses a different need, and none of them requires a director personal guarantee.
The three products available to Nuneaton companies
- Business Loan — a fixed lump sum delivered to the company's bank account, repaid over a short fixed term. Suited to a defined cost with a known repayment timeline.
- Credicorp Flex — a revolving credit facility with an agreed limit. The company draws as needed, repays, and the limit is restored. One approval, multiple draws.
- Credicorp Slice — splits a single cost into three or four equal weekly payments. The fee is flat at 6%, so there is no compound interest to calculate.
What industries in Nuneaton use commercial finance?
Nuneaton has a significant manufacturing heritage alongside modern logistics, trade services, and professional businesses. Short-term finance is commonly used to fund stock purchases ahead of a busy season, bridge the wait for a large payment, or cover a capital cost that was not budgeted at the start of the year. These are company-level decisions, not personal ones — which is why lending to the company rather than the director makes commercial sense.
Can a recently incorporated Nuneaton company apply?
Credicorp assesses each application on the company's own trading position, bank statements, and financial history. Eligibility depends on meeting our credit criteria — if your Nuneaton company is trading, has a business bank account, and is incorporated as a limited company or LLP, you can submit an application and we will assess it on its merits.
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: Cash-flow finance for Tamworth limited companies, Business loans for Redditch limited companies, How does Credicorp Slice spread an invoice over weekly instalments?