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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 business funding for new UK companies
Newly incorporated companies front supplier deposits, stock and setup costs before the first invoices clear. Credit Corp lends to UK limited companies and LLPs with at least 6 months' trading history — this page is honest about that threshold and what to do before or after you cross it.
UK Ltd or LLP only · No personal guarantee · Decisions most working days
Recognise any of these?
- A supplier wants a deposit before your first order ships, before any customer has paid you
- Initial stock or equipment has to be bought months before the business is cash-generative
- Your bank has offered a facility but the paperwork and decision will take weeks you do not have
- You are past the early months but still building a trading history a traditional lender wants to see
Which product fits?
Credicorp Loan Recommended for most needs
Once your company has 6 months of trading behind it, a fixed-term Credit Corp loan can bridge a specific early-stage gap — deposits, stock, or a one-off setup cost — with one known total cost and a same-day decision in most cases.
- £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 early bill — your first equipment purchase, an initial stock order, a software or licence set-up fee — Credicorp Slice splits 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 for a new company
A typical business might borrow £300.00 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
- How soon after incorporation can my company apply?
- Credit Corp requires at least 6 months of trading history before a company is eligible. This is not a formality — it lets us see a genuine trading pattern rather than lend against a plan alone.
- What if my company is under 6 months old?
- In the meantime, look at the British Business Bank Start Up Loan (a personal, government-backed loan used for business purposes), grants via your local Growth Hub, or supplier payment terms and deposits negotiated directly. Our guide to UK startup funding sets out the full ladder.
- Does a new company need to show a business plan to apply once eligible?
- No formal business plan is required. The decision is based on your company's actual trading and banking data once you meet the 6-month threshold, not a forecast document.
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.