A funding request does not need to be a lengthy document. For most short-term business finance, a clear, concise summary of your company's position and your borrowing needs is all that is required. Here is how to structure it.
State the amount and purpose clearly
Start with the number: how much do you need? Then explain specifically what it is for. "£30,000 to purchase stock ahead of our busiest trading quarter" is far more useful to a lender than "working capital". Specificity signals that you have thought the request through and are not simply guessing at a figure.
Show how repayment will work
Outline where the repayment will come from. If you are buying stock to fulfil orders, explain the expected margin and when those orders will pay. If you are bridging a gap while awaiting a large invoice, note when it is due. You do not need a full financial model — a paragraph of plain English explaining the cash flow logic is enough.
Attach the right supporting documents
Alongside your funding request, have ready: your most recent filed accounts, three to six months of bank statements, and any management accounts if available. If you have used Open Banking to share your data, many of these documents may not be needed separately. Providing them upfront, rather than waiting for a request, often shortens the process by a day or more.
Choose the right product for the need
The funding request should match the product to the purpose. A one-off capital purchase suits a Business Loan with fixed repayments. Ongoing, variable needs — managing supplier payments month to month — may suit Credicorp Flex better. Spreading a single large bill over a few weeks is exactly what Credicorp Slice is designed for. Getting this alignment right makes the application more straightforward for everyone.
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 to present your accounts when applying, When is the best time to apply for business finance.