Cheltenham limited companies and LLPs can apply directly to Credicorp for short-term fixed-sum loans or a revolving Flex facility — both without requiring any director personal guarantee.
Short-term finance suited to Cheltenham business patterns
Cheltenham's economy includes professional services, fintech, racecourse-related hospitality, and a significant public-sector cluster. Short-term finance helps companies manage cash flow around events, contract milestones, or delayed payments without tying up long-term credit lines. A Business Loan delivers a fixed sum for a specific purpose; Credicorp Flex provides a standing line to draw on and repay repeatedly.
Credicorp Slice for one-off bills
If your Cheltenham company receives a large invoice — say, a marketing or software renewal bill — Credicorp Slice spreads that single payment over three or four weekly instalments at a flat 6% fee. There is no compounding interest, making the cost straightforward to plan.
Eligibility for Cheltenham businesses
Your company must be a UK limited company or LLP registered at Companies House. Sole traders and partnerships are not eligible. There is no geographical weighting; a Cheltenham postcode carries the same consideration as any other UK address.
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 Gloucester limited companies, Business loans for Swindon companies, Why Credicorp requires no personal guarantee