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Working capital, the plain-English way.
Pick the shape that fits: a fixed lump sum, a credit line you dip into, or a supplier bill spread over a few weeks. Whichever you choose, the company borrows — never you personally. No personal guarantee, ever.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. It does one thing well: short-term credit for incorporated UK businesses.
There are three products, and they all start from the same idea — the borrower is the company, not the person who signs. That keeps things simple: no personal guarantee, no charge over your home, no personal credit check on a director's own file. You apply, draw down and manage everything over on the lender's own site, credicorp.co.uk. This page is just here to explain, in plain English, how each one works so you can walk in knowing which one you want.
They suit UK private limited companies (Ltd), limited liability partnerships (LLPs) and PLCs that have been trading for a while and hold a business bank account. They are not personal loans, payday loans or sole-trader finance — more on exactly why, and what that means for you, at the bottom of this page.
The three at a glance
A single lump sum, a facility you draw from, or a supplier bill in instalments. Tap any card to jump to the detail, or head straight to the lender.
Business Bridging Loan
Money in one go for a known cost and a known date — restocking, a supplier deposit, a repair that can't wait.
See how it works
Credicorp Flex
A credit line that flexes with cash flow. Draw what you need, repay, and draw again — interest only on what you've actually drawn.
See how it works
Credicorp Slice
Split a one-off supplier bill into a few instalments. The supplier is paid in full today; you repay over weeks, for a flat fee.
See how it worksBusiness Bridging Loan
The simplest of the three. A single agreed amount lands in your business account, and you repay it over a short, fixed term. Good when you know exactly how much you need and roughly when the money to repay it will arrive.
Who it suits
A confirmed order that needs stock bought now. A supplier deposit to lock in a job. A van repair you can't trade without. Anything where the gap is one-off and time-boxed: you can name the figure, and you can see the cash that clears it coming in.
The terms, in plain English
- Amount: £50 – £500.
- Term: 14 – 84 days, fixed up front.
- Interest: 0.25% per day on the outstanding principal — you pay it down, it costs less.
- Establishment fee: a one-time £5.00.
- Cost cap: total cost never exceeds 100% of the principal.
- Repayments: weekly or fortnightly, whichever suits the business.
- Personal guarantee: none. The agreement is between Credicorp and your company.
- Cooling-off: a 14-day right to withdraw from signing.
Credicorp Flex
Credit on tap. A limit is set for the company, and you draw against it whenever you need to — then repay and redraw as cash flow allows. The clever bit: you only pay interest on the part you've actually drawn, not the whole limit.
Who it suits
Businesses whose needs rise and fall week to week — seasonal trade, uneven invoicing, the kind of cash flow that's never quite the same two months running. Instead of taking out a fresh loan each time, you keep one facility open and dip in as required.
The terms, in plain English
- Credit limit: £50 – £500.
- Interest: 0.25% per day on the drawn balance only — undrawn credit costs nothing.
- Establishment fee: a one-time £5.00, charged on your first drawdown.
- Cost cap: 100% per drawing.
- Term: ongoing, for as long as the facility stays in good standing.
- Cycle: 14 days.
- Minimum each cycle: 10% of the drawn balance, or £20 — whichever is greater.
- Personal guarantee: none.
Credicorp Slice
Got a supplier invoice due now that you'd rather spread? Slice pays the supplier in full today, and your company repays Credicorp over a few weeks. One flat fee, set out before you commit — no per-day interest, no surprises.
Who it suits
A specific bill you want to smooth out: a stock order, a one-off piece of kit, a chunky invoice landing at an awkward moment. Your supplier gets paid straight away (so the relationship stays sweet), and the cost to you is fixed at the outset.
The terms, in plain English
- Bill amount: £50 – £2,000.
- Instalments: 3 or 4, over up to 8 weeks.
- Fee: a flat 6% of the bill, charged once — no daily interest.
- Late fee: £12 per missed instalment, capped.
- Cost cap: 100% of the bill.
- Early repayment: free, and any unused fee is refunded.
- Collection: Direct Debit, on dates you choose.
- Personal guarantee: none.
The three, side by side
Everything in one place, so you can weigh them up. These are the lender's published terms — always check the live product page before you apply, as the figures can change.
| Bridging Loan | Credicorp Flex | Credicorp Slice | |
|---|---|---|---|
| Shape | One lump sum | Revolving facility | A supplier bill, split into instalments |
| Amount | £50 – £500 | £50 – £500 limit | £50 – £2,000 bill |
| Pricing | 0.25%/day on principal | 0.25%/day on drawn balance | 6% flat fee of the bill |
| Term | 14 – 84 days | Ongoing | 3–4 instalments, up to 8 weeks |
| Cost cap | 100% of principal | 100% per drawing | 100% of the bill |
| Best when… | You need a fixed sum for a fixed period | You want credit on tap, repaid and reused | You need to pay a supplier now, over time |
| Personal guarantee | None | None | None |
| Borrower | The company | The company | The company |
Still deciding? Three quick scenarios
These are made-up examples, not real customers — just an easy way to see how the three differ in practice.
A one-off gap to bridge
A confirmed contract starts next month, but stock has to be bought now. You know the exact amount and roughly when you can repay.
→ Business Bridging LoanUneven, recurring needs
Cash flow rises and falls week to week. You want a limit you can draw on, repay, and draw again — paying only for what you use.
→ Credicorp FlexA supplier wants paying today
An invoice is due now, but it suits the business to spread the cost. The supplier is paid in full today; you repay in instalments.
→ Credicorp SliceNot sure which?
Put them head to head
Hi, I'm Credi. If you're torn between the Loan, Flex and Slice, the lender's compare page lays all three out next to each other — amounts, pricing, terms, the lot — so the right one is easy to spot.
How you actually apply
It all happens on the lender's own site. Here's the shape of it, start to finish.
- Apply online at credicorp.co.uk/apply — about five minutes. Company details, the director, your business bank account, photo ID and six months of business bank statements.
- A real person reviews it. Companies House verification, a business credit check, and an affordability check on the statements. They may come back with a question or two.
- You sign the agreement. If approved, you get a Key Information Sheet and a Business Loan Agreement — between Credicorp Limited and your company. No personal guarantee.
- Funds are released to your business bank account, usually the same working day if you sign before 3 pm UK time.
Prefer to talk it through first? The customer team at credicorp.co.uk can help, or sign in to the customer portal if you're already a borrower.
One important 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 "credit agreement". So Credicorp is not authorised by the Financial Conduct Authority (authorisation isn't required for this kind of lending), and the Financial Ombudsman Service and the Financial Services Compensation Scheme don't apply to its business lending. This is business credit, not consumer credit.
In practice that means these products aren't for sole traders or for anyone borrowing in their own name. The full regulatory position, and why the perimeter is drawn exactly there, is set out on the group site: creditcorpgroup.co.uk/lending-and-regulation.
Ready when you are
Applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.