# How a lending decision is made. What actually happens between sending an application and getting an answer? This guide walks the journey from application to outcome — the steps, what is weighed at each one, and the people behind the call. And throughout, **the company is the borrower, never you personally**. A lending decision can feel like a black box — paperwork goes in, an answer comes out, and what happened in between is anyone's guess. It need not be a mystery. The path from application to outcome is a sequence of ordinary, sensible steps. Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. This page explains, in plain English, how a decision is reached on its short-term business funding. It is a guide, not an application — the assessment and the outcome itself happen on the lender's own site, [credicorp.co.uk](/how-it-works/). The borrower is the **company** — a UK private limited company (Ltd), LLP or PLC — not the director who signs. The decision looks at the business, not a director's personal file: no personal credit check on a director, and no personal guarantee. This is **not** consumer lending, a payday loan or sole-trader finance. ## The steps, from application to outcome Every lender runs things its own way, but the shape of the journey is much the same. Here is the path in plain terms. ## What is weighed — and what is not A decision is only as fair as the things it rests on. Here is what counts, and what deliberately does not. [How affordability is assessed →](https://creditcorp.co.uk/learn/how-affordability-is-assessed/) ## People, not just algorithms Automated checks earn their keep. They confirm details against Companies House, draw the business credit picture together, and clear the straightforward cases quickly so nobody waits on a queue for no reason. Speed is genuinely useful, and software is good at it. But a business is more than a row of figures, and a number on its own can miss the story behind it — a one-off lumpy month, a seasonal dip, a large invoice about to land. That is why real people are part of the decision. A human review can take account of the circumstances behind the numbers and reach a fairer answer than a threshold applied blindly — and it is why the lender may ask a question or two before deciding, rather than declining on a rule alone. ## Your right to human review — UK GDPR Article 22 UK data-protection law gives you a clear safeguard around automated decisions. Under Article 22 of the UK GDPR, where a decision that produces legal effects or similarly significant effects would be based **solely** on automated processing, you have the right not to be subject to it in that form — and, where such processing is used, to obtain human intervention, to express your point of view, and to contest the decision. In plain terms: you can ask for a person to be involved, put your side of things, and challenge an outcome you believe is wrong. That right matters most when an answer goes against you — it means a decline need not be the final word without a human looking at it. The lender sets out how it handles personal data and these rights in its own privacy information, and you can ask about a decision at [credicorp.co.uk](/). ## If the answer is no A decline is a decision about one request at one moment, not a permanent judgement on the company. There are sensible next moves. You can ask the lender about the outcome and put context the figures may not have shown. Where automated processing played a part, you can ask for a person to review it. And you can take a fair look at whether the timing or the amount was simply ahead of where the company is right now. It is also worth a step back: short-term borrowing is not always the right tool, and an honest answer to [is short-term borrowing right for you?](https://creditcorp.co.uk/learn/is-short-term-borrowing-right-for-you/) can save money. A profitable company can still run short of cash for ordinary reasons — [the cash-flow gap, explained](https://creditcorp.co.uk/learn/cashflow-gap-explained/) sets out why, and where a short bridge does and does not fit. ## Decision questions The questions directors ask most. For anything specific to your business, the lender's team are at credicorp.co.uk. ## One thing about who can borrow Credicorp lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a body corporate is not a regulated consumer-credit agreement, so this is business credit rather than consumer credit, and it is not for sole traders or for borrowing in a personal name. The full position is set out on [lending and regulation](https://creditcorp.co.uk/lending-and-regulation/). ## Where to go next To go deeper on the part that does the heavy lifting, read [how affordability is assessed](https://creditcorp.co.uk/learn/how-affordability-is-assessed/). To prepare before you start, see [what you need to apply](https://creditcorp.co.uk/learn/what-you-need-to-apply/) and [how funds reach your account](https://creditcorp.co.uk/learn/how-funds-reach-your-account/) once the answer is yes. The products themselves are explained in [how business bridging loans work](https://creditcorp.co.uk/learn/how-business-bridging-loans-work/), with full terms on the [products page](https://creditcorp.co.uk/products/), and the whole series sits on the [Learn hub](https://creditcorp.co.uk/learn/). The deeper group and legal story lives at [creditcorpgroup.co.uk](/). [See how it works at credicorp.co.uk →](/how-it-works/) ## Ready when you are Applying, the decision and managing your account all happen on the lender's site, credicorp.co.uk.