Can a limited liability partnership apply for a Credit Corp business loan?

Yes. Credit Corp lends to UK LLPs on the same basis as limited companies — the LLP is the borrower, its own legal entity, and the lending sits with it rather than with any individual member.

What proof of LLP status do you need?

The same identity and incorporation checks as a limited company — your LLP's Companies House registration, a director/designated-member identity check, and a current UK business bank account in the LLP's name.

Short-term lending for LLPs and business partnerships

A limited liability partnership has its own legal personality, separate from its members — which is exactly why Credit Corp lends to LLPs on the same terms as limited companies. No member is asked to guarantee the debt personally, and the LLP itself is the borrower.

Recognise any of these?

Profit is drawn down to members regularly, leaving working capital thinner than the balance sheet suggests
Member capital contributions or drawings are timed around the tax year, not around when a bill falls due
A partnership agreement sets fixed distribution dates that do not always line up with cashflow
VAT, PAYE or a professional indemnity renewal lands before the next member drawdown cycle

If so, a Credit Corp short-term business loan could help the LLP bridge that gap without touching individual members' personal finances.

Which product fits?

Credicorp Loan Recommended for most needs

An LLP's cash position often looks tighter than its profit share implies, because profits are routinely distributed to members rather than retained. A fixed-term Credit Corp loan lends to the LLP itself, sized to a specific gap, with one known total cost.

£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

Apply now Full product details

Credicorp Slice — split a single bill

For a single recurring cost — a professional indemnity renewal, a regulator or membership fee, a software licence — Credicorp Slice spreads that one bill for the LLP 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

About Credicorp Slice

See the cost for your LLP

A typical business might borrow £400.00 over 56 days. Adjust the sliders to match your own scenario.

Business Loan

Borrow amount

£50£500

Term

14 days84 days

Repayment frequency

Weekly Fortnightly

You borrow—

Term—

Establishment fee—

Interest charge—

Total repayable—

Weekly—

Representative APR—

Amount borrowed: £400.00
Term: 56 days
Total to repay: £461.00
Roughly per week: £57.62 over 8 payments

This is a worked example only — enable JavaScript for the interactive calculator.

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

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Common questions

Can a limited liability partnership apply for a Credit Corp business loan?: Yes. Credit Corp lends to UK LLPs on the same basis as limited companies — the LLP is the borrower, its own legal entity, and the lending sits with it rather than with any individual member.
Do individual members need to give a personal guarantee?: No. Lending is to the LLP as a body corporate. No member is asked to guarantee the debt personally, and there is no personal credit search on any member.
What proof of LLP status do you need?: The same identity and incorporation checks as a limited company — your LLP's Companies House registration, a director/designated-member identity check, and a current UK business bank account in the LLP's name.

Lending for other business structures

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.