--- title: "Business funding for technology & IT — working capital for UK tech companies" description: "How short-term business finance fits incorporated UK technology and IT companies — hiring ahead of revenue, runway between funding rounds, kit and cloud for a new contract, and milestone-based client payments. The company borrows, never the director: no personal guarantee, no charge over a home, no personal credit check. To apply, head to credicorp.co.uk." canonical: "https://creditcorp.co.uk/industries/technology/" locale: "en-GB" updated: "2026-06-21" --- # Working capital for technology & IT > A plain-English guide to short-term working capital for incorporated UK technology and IT businesses — software houses, SaaS startups and scaleups, managed service providers, IT consultancies and dev shops. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp Limited** at [credicorp.co.uk](https://credicorp.co.uk/); the company/legal detail lives at [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/). **Canonical URL:** **Last updated:** 21 June 2026 --- ## Who can borrow Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the founder, director, an individual or a sole trader. There is no personal guarantee, no charge over a home and no personal credit check on a director. This is exempt business lending, not consumer credit. See [Lending and regulation](https://creditcorpgroup.co.uk/lending-and-regulation/). ## Why tech and IT firms run short on cash It is rarely about whether the business is profitable — it is about timing. In software and IT, nearly all the cost is committed up front and most of the revenue is deferred. - **Hiring comes before the revenue it unlocks.** Headcount is the biggest line in most tech firms, and you hire to win and deliver work that does not exist yet. The wage bill falls due every month whether or not the client has signed. - **Runway runs out between rounds.** Startups and scaleups live in tranches of cash. A round closes, the clock starts, and the next raise rarely lands the same week the last pound is spent. A short, defined gap before a round, grant or invoice clears is a classic moment to bridge rather than burn. - **Kit, cloud and tooling are lumpy.** New starters need machines; a project needs a server or test rig; annual cloud, licensing and SaaS bills want paying up front for the better rate. These are one-off outlays that hit the account in a single hit. - **Clients pay on milestones and long terms.** Enterprise and public-sector customers pay on milestones, sign-offs and 30 to 60-day terms — sometimes longer. You fund the whole build out of your own pocket and wait for the invoice to clear well after delivery. ## Which finance fits a tech company Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — see [the products](https://creditcorp.co.uk/products/). - **Business Bridging Loan** — a fixed sum into the company account for a known, time-boxed gap: a batch of laptops for new hires, an annual cloud or licence bill, a server build, or a few weeks of runway to reach a round you can see closing. - **Credicorp Flex** — a revolving facility for the build-then-invoice rhythm: draw to cover a build in flight, repay when the milestone invoice clears, then draw again on the next engagement; you pay only for what you draw. - **Credicorp Slice** — settle a single large vendor bill (cloud, licensing, hardware) in full today and repay over a few weeks for a flat fee. We don't publish rates or terms here on purpose — they live with the lender so you always see current figures. Check the live pages on [credicorp.co.uk/compare](https://credicorp.co.uk/compare/) before you apply. ## The company borrows — not the founders Founders have usually staked plenty already — their own savings, their equity, often a slice of personal credit. Credicorp is built the other way round: the agreement is between Credicorp and your **company** — the Ltd, LLP or PLC that holds the contracts and the bank account. There is **no personal guarantee**, **no charge over a home** and **no personal credit check** on a director. For a venture-backed company that is especially useful: the facility stays clean of founder guarantees, sits alongside equity rather than competing with it, and never touches the cap table. Because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely — see [creditcorpgroup.co.uk/lending-and-regulation](https://creditcorpgroup.co.uk/lending-and-regulation/). ## A worked example (illustrative, not a real customer) A B2B software company — a UK limited company — has just signed its largest customer yet: a twelve-month rollout paid on three milestones, the first sixty days after go-live. To deliver on time the founders need two engineers on now, machines for them, and extra cloud capacity for the customer's environment — all due weeks before the first milestone invoice clears. A seed extension is in conversations but not yet closed. Rather than discount founder equity to plug a timing gap, the company uses short-term finance to cover the wages, kit and cloud while the build is in flight. Because the spend recurs across the project, a Credicorp Flex facility fits: draw to cover each stretch, repay as each milestone invoice lands, draw again for the next. The annual cloud commitment, a single large bill, is spread separately with Credicorp Slice. The agreement is with the company, so the founders give no personal guarantee, put no charge over a home, and leave the cap table untouched while the round closes on its own timetable. The right product for a situation like this is set on the lender at [credicorp.co.uk](https://credicorp.co.uk/). ## Common questions **Can my tech company borrow to hire ahead of revenue?** Often, yes — bringing on a developer or a sales hire before the revenue they unlock has landed is one of the most common reasons a tech business runs short. Because the borrower is the company, the decision is not pinned to a director personally. **We're between funding rounds — can this bridge the runway?** It can help cover a defined, short-term gap, but it is working-capital finance, not a substitute for equity. A fixed-term Business Bridging Loan can smooth the join to a round that is close to closing without diluting founders; it is not designed to fund an open-ended cash burn. **Can we fund laptops, servers or cloud for a new contract?** Yes — machines for new hires, a server or test rig, an annual cloud or tooling bill, or infrastructure a new contract demands are all working-capital uses. A Bridging Loan often fits a known kit spend, and Credicorp Slice can spread a single large vendor bill. **Our clients pay on milestones or 60-day terms — does that fit?** It is a very common reason tech firms borrow. A revolving Credicorp Flex facility suits the rhythm: draw to cover the build, repay when the invoice clears, draw again on the next project, paying only for what you have drawn. **Will founders have to give a personal guarantee or a charge over a home?** No. Credicorp lends to the company, not its founders or directors. There is no personal guarantee, no charge over a home and no personal credit check on a director. **Is this consumer credit, and do you lend to a sole-trader developer?** Neither. This is business credit to a body corporate — a UK Ltd, LLP or PLC — not consumer credit, and not for sole traders or personal-name borrowing. If a contractor trades through their own limited company, that company can be considered. ## Related sectors - [Professional services](https://creditcorp.co.uk/industries/professional-services/) — the same lag between billable work delivered and invoices paid, hire-led and project-based. - [Creative & media](https://creditcorp.co.uk/industries/creative-media/) — production funded up front, freelancers and kit to cover, settlement waited on. - [E-commerce & online](https://creditcorp.co.uk/industries/ecommerce/) — ad spend and inventory that pay back later, with platform payouts to wait on. See the full [industries overview](https://creditcorp.co.uk/industries/). ## Next steps (all on credicorp.co.uk) - [Apply](https://credicorp.co.uk/apply/) — start an application on the live lender site. - [Compare the three](https://credicorp.co.uk/compare/) — pick the right product side by side. - [Contact the lender](https://credicorp.co.uk/contact-us/) — phone, email, post. ## Make sure you have the right Credicorp Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company. --- © 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).