Credicorp operates as a UK commercial-finance group, with lending products and associated brands all aimed at the same market: UK-registered limited companies and LLPs seeking short-term business finance. The group does not operate any consumer-facing lending brands.
Shared lending principles across the group
Regardless of which brand or product a borrower applies through, the underlying credit standards, disclosure practices, and structural features are consistent across the group. Lending is always to the company entity; no director personal guarantee is required; costs are disclosed in full before commitment; and all facilities are funded from group capital and committed institutional lines rather than retail deposits.
Products spanning the group
The group's current product range covers the Business Loan (fixed sum, fixed term), Credicorp Flex (revolving credit facility, draw-repay-redraw to a limit), and Credicorp Slice (single-bill spreading across three or four weekly instalments at a flat 6% fee). Each product is designed for a distinct business cashflow need, and a single company may use more than one product over time.
No connection to overseas groups
The Credicorp UK group has no ownership or operational relationship with any overseas entity carrying a similar name. All group entities are incorporated, funded, and managed in the UK, and lending is restricted to UK-registered businesses. For further detail on the distinction from overseas similarly named institutions, see the linked article below.
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: Who is Credicorp?, Is UK Credicorp connected to overseas Credicorp entities?, What are Credicorp's lending principles?