If the current repayment date no longer lines up with your company's cash flow, you can ask us to move it. We aim to accommodate a date shift of up to 14 days earlier or later within the same calendar month, subject to a short review to confirm no arrears are on the account.
How to request a change
Log in to your account at clients.credicorp.co.uk, navigate to Loan Settings and select Change payment date. Alternatively, contact our servicing team by email or secure message. We normally process requests within two business days, and we will confirm the new date in writing before the change takes effect.
How the change affects your schedule
If you move the date later in the month, interest will accrue for the extra days and a small bridging amount will typically be added to your next instalment (illustrative, not a quote — the exact figure depends on your outstanding balance and rate). Moving the date earlier reduces that stub period. We will send you a revised schedule showing every future payment before anything changes.
Restrictions to be aware of
- Date changes are limited to once per 12-month period on standard facilities.
- The new date cannot fall on a weekend or UK public holiday — it will roll to the next business day automatically.
- If a payment is due within five business days, the change takes effect from the following cycle, not the imminent collection.
- Accounts with a missed or late payment in the last 90 days may need additional sign-off.
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: How do I set up the Direct Debit for my loan?, What happens if a payment fails?.