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Business insurance: what a UK micro-business actually needs
Public liability, employers' liability, professional indemnity, cyber, key person — what is legally required, what is genuinely useful, and what is over-sold.
Read guide →Short-term lending for contractor and freelancer Ltd companies
Whether you contract through your own personal service company, freelance as a limited company, or run a small consultancy, the cashflow pattern is the same: costs are steady, but client payment lands in bursts, on the client's terms, not yours. Credit Corp lends to your company to smooth that gap.
UK Ltd or LLP only · No personal guarantee · Decisions most working days
Recognise any of these?
- A gap between one contract ending and the next invoice being paid
- Client payment terms of 30, 60 or even 90 days on work you have already delivered
- Equipment, software licences or professional indemnity insurance due for renewal between contracts
- Company running costs (accountancy, insurance, subscriptions) continuing through a quiet month
Which product fits?
Credicorp Loan Recommended for most needs
A fixed-term Credit Corp loan lends to your limited company, not to you personally, to bridge the specific gap between contracts or while a client's payment terms run their course.
- £50–£500 in one advance
- Fixed 14–84-day term
- 0.25% per day simple interest + £5 establishment fee
- Total cost capped at 100% of principal
- No personal guarantee
- Most decisions same working day
Credicorp Slice — split a single bill
For a single bill — a professional indemnity renewal, an accountancy fee, an equipment or software purchase — Credicorp Slice spreads that one cost over 3 or 4 weekly instalments at a flat 6% fee.
- Bills of £50–£2,000
- Flat 6% fee — no compounding
- 3 or 4 weekly instalments by Direct Debit
- Settle early and we refund the unused fee pro rata
See the cost between contracts
A typical business might borrow £350.00 over 42 days. Adjust the sliders to match your own scenario.
This matches your needs? Start your application
Borrowing is expensive relative to bank lending. Only borrow if the cost is less than the gap it closes. Total cost capped at 100% of principal — you will never repay more than double. There is no personal guarantee; lending is to the company.
Who can apply?
- UK limited company or LLP (body-corporate lending only — not sole traders)
- 6+ months trading
- Current UK business bank account
- Director identity check (you, not the company, as the company's authorised representative)
- No personal guarantee required — the obligation is the company's
Guides for your business
Investments for a UK director — the basics, honestly
A first-principles guide to investing surplus money — for directors who want a sensible plan rather than a stock-tip spreadsheet.
Read guide →UK startup funding guide for founders — no jargon
A startup funding guide for UK founders: grants, loans, equity, bootstrapping — the funding ladder for a micro-business, with honest pros and cons for each step.
Read guide →Common questions
- Does Credit Corp lend to a one-person limited company?
- Yes. A single-director limited company — including a personal service company used for contracting — is eligible on the same basis as any other UK limited company: at least 6 months' trading and a current business bank account.
- Can I use this to bridge the gap between contracts?
- Yes, that is one of the most common uses among contractor and freelance limited companies — a short-term loan to cover company running costs or a specific expense while waiting for the next engagement or an outstanding invoice to clear.
- Do you need to see my contracts or IR35 status?
- No. The decision is based on your company's trading and banking history, not on reviewing individual client contracts or your IR35 determination.
Related reading
Credit Corp lends to UK limited companies and LLPs under the body-corporate exemption (Articles 60B and 60L of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001). This is not consumer lending. The Financial Ombudsman Service and Financial Services Compensation Scheme do not apply. Full details: regulatory status and responsible lending policy.