™
Working capital for
the show before the fee.
Events pay out long before they get paid — venue deposits, kit hire, crew and logistics all go out for a booking that settles on completion, and the busy season bunches the bills. Short-term finance bridges those gaps, and on every product the company borrows, never you personally. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. For an incorporated events, production or entertainment business, it does one thing: short-term working capital to put on the show before the fee arrives.
Few trades carry a gap between money out and money in as sharp as live events. A production company books a venue, secures the staging and pays a deposit on lighting and sound weeks before load-in; an agency fronts talent fees and travel ahead of a single performance; a festival operator commits to acts, security and infrastructure over a whole winter to open its gates for one weekend in July. This page looks at how a Business Bridging Loan, Credicorp Flex or Credicorp Slice tends to be used to bridge those gaps, so you can picture the fit before you apply.
Throughout, the borrower is the company — a UK private limited company (Ltd), LLP or PLC — not the director who signs. That means no personal guarantee, no charge over a home and no personal credit check on a director. These are not personal loans, payday loans or sole-trader finance. When you’re ready, applying happens on the lender’s own site, credicorp.co.uk.
Why events companies run short on cash
It is rarely about the margin on the booking. It is about timing — money leaves the business in a rush up front and comes back only once the event is delivered. Four pressure points show up again and again.
Deposits and costs go out first
You cannot stage most events without committing early. Venues want deposits to hold the date, kit-hire firms want paying for staging, lighting and sound, and freelance crew and talent expect to be settled around the job, not whenever the client pays you. By the time the doors open, a serious sum is already tied up in a booking that has not earned a penny yet.
The fee lands on completion
Most event work is paid in arrears: a balancing payment after the event, often against an invoice on 30-day terms, sometimes longer with a corporate client running its own approval process. You have funded the whole production by then. The cash for a job you delivered last month can land well after you paid for it.
Seasonal peaks bunch the spend
Weddings, festivals and the corporate Christmas-party season pack most of the year’s income into a handful of months, while the costs to be ready for them build through the quiet weeks before. A strong summer can mean a lean, cash-hungry spring — the period when the business has to spend most to be ready to earn.
One late client stalls the next booking
When a balancing payment for one event runs late, it can leave you unable to fund the deposits for the next one in the diary. The work is confirmed; the cash to begin it is stuck with a slow-paying client. That is exactly the gap short-term finance is built to bridge.
The kinds of funding that fit an events business
Three plain-English shapes of short-term credit, and how each tends to land in events and production. The detail — amounts, pricing, terms — lives on the products page and with the lender; we won’t quote figures here.
A Business Bridging Loan — for a single, dated booking
A single lump sum into the company account, repaid over a short, fixed term. It suits a one-off, time-boxed gap you can name: a confirmed event that needs venue deposits, kit hire and crew fronted before the balancing payment lands. You know the figure, and you can see the fee that will clear it coming in once the show is delivered. More on the Bridging Loan →
Credicorp Flex — for a diary full of events
A revolving facility the company can draw on, repay and draw again. This suits the natural rhythm of a busy production schedule — fronting costs for one event while another’s fee is still in transit, dipping in for a peak weekend and paying down in the quiet weeks — without arranging fresh finance for every booking. More on Credicorp Flex →
Credicorp Slice — for a single supplier bill
Spread one supplier invoice over a few weeks while the supplier is paid in full today. Handy when a staging, AV or kit-hire bill for a production lands at an awkward moment and you’d rather smooth it across the weeks until the booking settles. More on Credicorp Slice →
We don’t publish rates or terms on this page on purpose — they live with the lender so you always see the current figures. Try the cost calculators for a feel of the shape, then check the live product pages on credicorp.co.uk before you apply.
The company borrows — not you
In a trade where the founder is often the booker, the producer and the guarantor all at once, this is the part worth slowing down on.
Plenty of events and production owners have already signed personally for something — a venue-hire account, an equipment lease, a vehicle on finance. A personal guarantee turns a company cash-flow gap into a personal risk, and in a trade where a single cancelled event can swing a season’s numbers, that is a heavy thing to carry on your own name.
Credicorp is built the other way round. The agreement is between Credicorp Limited and your company — the Ltd, LLP or PLC that holds the bookings and the bank account. There is no personal guarantee, no charge over a home and no personal credit check on a director. The company stands on its own trading position, which is exactly how it should be when the money is funding the company’s work.
- No personal guarantee — the company is the borrower, full stop.
- No charge over your home — your house isn’t security for a booking.
- No personal credit check on a director — the lender looks at the business, not your own file.
- Bodies corporate only — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full position is set out on our lending and regulation page, and you can read what a personal guarantee means — and why there isn’t one here — on the learn hub.
How it can play out — a worked example
A made-up, clearly illustrative business — not a real customer — just to show the shape of the timing problem in events.
Picture a small live-events production company trading as a UK limited company. It wins a corporate awards evening for the autumn: good margin, a client it trusts, but the booking needs a venue deposit, staging, lighting and sound hire, and a crew of freelancers — all paid around the build, weeks before the balancing fee is invoiced and settled on 30-day terms after the night itself.
On paper the job is comfortably profitable; in the bank account, the company is funding the whole production for roughly six weeks before a penny comes back. On top of that, the diary already holds a Christmas-party booking that needs its own deposits placed before the autumn fee has even cleared.
Rather than turn work down or lean on the director personally, the company bridges the gap with short-term finance against its own trading position. A fixed-term Business Bridging Loan covers the deposits, hire and crew for the awards evening and is repaid as the fee lands; if the Christmas booking’s costs bunch up alongside it, a Credicorp Flex facility lets the company draw again without starting over. Same bookings, same margin; the difference is that the cash was there when the show needed it. The figures and the right product for a situation like this are set on the lender at credicorp.co.uk.
Events & entertainment funding — common questions
The questions events and production owners ask most. For anything beyond these, the lender’s team are at credicorp.co.uk.
Can my events company borrow to cover deposits and crew before a booking is paid?
Yes — fronting deposits for venues, kit hire and crew before the client settles on completion is one of the most common reasons a production company looks at short-term finance. The spend goes out weeks ahead and comes back when the job is delivered and invoiced. A Business Bridging Loan suits a single, dated booking; Credicorp Flex suits a company juggling several events at once. Specifics sit with the lender at credicorp.co.uk.
Will I have to give a personal guarantee or a charge over my home?
No. Credicorp lends to the company — your UK limited company, LLP or PLC — not to you as a director. There is no personal guarantee, no charge over a home and no personal credit check on a director. For an events business where the director has often signed personally for a venue hire or an equipment lease, keeping the funding itself off your own name is a real difference.
Our work is seasonal — does a quiet winter count against us?
Seasonality is normal in this trade, and the lender looks at the company as a whole rather than at one slow month. A festival, wedding or summer-events business that earns most of its income in a few peak months can use short-term finance to carry the spend into the busy season and repay as the bookings land. The pattern is the point, not a problem.
Is this a consumer loan or a payday loan?
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Lending to a UK company sits outside the consumer-credit regime under Article 60B of the FSMA Regulated Activities Order 2001. The full position is set out on our lending and regulation page.
Can a production or AV company use this, or only event organisers?
Both, as long as you trade through a UK limited company, LLP or PLC. Production houses, AV and staging firms, lighting and sound hire companies, agencies and promoters all carry the same shape: money out for kit, crew and logistics before the booking settles. Short-term working capital fits anywhere in that chain.
Where do I actually apply?
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, credicorp.co.uk. You can compare the products and start an application there.
More general answers live on the Creditcorp FAQ, and the cash-flow gap explainer walks through why money out and money in fall out of step.
Related sectors
If your work overlaps these trades, their pages may fit the cash-flow shape too.
- Creative & media — project-based work funded up front, with the fee landing on delivery and sign-off.
- Hospitality & food — another booking-led trade with feast-and-famine, seasonal cash flow.
- Sports & leisure — seasonal venues and fixtures, with spend ahead of a peak run.
Or browse the whole set on the industries hub. Company, trade-mark and legal detail for the group lives on creditcorpgroup.co.uk.
Ready when the diary is
Whatever booking you’re funding, applying, drawing down and managing your account all happen on the lender’s site, credicorp.co.uk.