Credicorp provides business finance exclusively to UK-registered limited companies and LLPs. We do not lend to sole traders, partnerships, individuals, or companies registered outside the United Kingdom.
Basic eligibility criteria
- Incorporated in England, Wales, Scotland, or Northern Ireland as a limited company or LLP
- Active Companies House registration with no pending winding-up petition
- Trading for a minimum period (confirmed at application — newer companies may still qualify depending on revenue)
- A UK business bank account in the company's name
- Sufficient monthly revenue to support the proposed repayment amount
Who we do not lend to
- Sole traders or ordinary partnerships
- Companies in administration, receivership, or subject to a County Court Judgement that is unsatisfied
- Holding companies with no active trading operations
- Businesses operating in sectors we have determined to be outside our lending appetite (confirmed at enquiry stage)
No personal guarantee required
Directors do not need to provide a personal guarantee. Our lending decision is based on the company's own financial position, not on the personal assets of its directors or shareholders.
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: What affects the amount Credicorp will offer?, How does the Credicorp business loan work?.