Credit Corp for IT and software companies — short-term business lending for technology businesses

What it is

Credit Corp Group Limited is an independent UK direct lender of short-term business credit. This page is a use-case guide for technology businesses: IT consultancies and contractors, software houses, SaaS and app businesses, web and product-development studios, managed-service providers (MSPs), managed-IT and support firms, data and cloud specialists, and the trading companies behind them. Technology firms run on a familiar timing gap: software and cloud licences renew, contractors and freelancers bill by the day, and ad and tooling spend goes out before the client invoice that funds it is settled — often on 30 to 60 day enterprise terms. When a renewal falls due, a contractor starts on a project, or a single large client pays a couple of weeks late, you need a fast decision, not a six-week bank queue.

We lend to the company itself. There is no personal guarantee, and your directors do not take on personal liability for the borrowing. Decisions are AI-assisted and typically confirmed within an hour during working hours, with same-day funding once you accept the offer.

A note on who we are: Credit Corp Group Limited is registered in England & Wales, Company No. 17338274, ICO registration ZC189608. We lend to UK limited companies and LLPs, not to individuals or sole traders. This lending is not regulated by the Financial Conduct Authority.

Cash-flow situations we see in IT and software

A licence or cloud renewal due before the work it supports is paid — an annual software licence, a SaaS subscription or a cloud bill renewing before the client engagement it underpins has been invoiced and settled.
Bringing a contractor or freelancer onto a project — a developer, tester or specialist taken on at a day-rate for a fixed piece of work, paid before the extra revenue they generate clears.
A reliable enterprise client on long payment terms — a dependable customer whose procurement and finance process settles on 30, 45 or 60 day terms while your own licences, cloud and payroll run monthly.
A single late invoice from a big client — one large, contracted payment running a couple of weeks past its usual date over a holiday period, leaving a short, defined gap before payroll or a renewal.
Tooling, kit or ad spend fronted for a project — laptops, a server, a one-off tool licence or campaign ad spend committed up front for a project with long client terms.

This is the situation in our anonymised customer story, an IT-contractor company manages a late invoice: a one-person limited company with a reliable enterprise client whose payment was going to run a fortnight late over a holiday period, while a software licence renewal and the director's payroll fell due. The money was contracted and certain — it was simply going to arrive after the costs. A short, defined gap, not a shortfall, and exactly what short-term business credit is for.

How Credit Corp fits

Technology cash-flow gaps tend to repeat — renewals, contractors and ad spend recur project after project while enterprise clients pay on long terms. The matching product depends on the shape of the need:

Credicorp Flex — a revolving credit facility you can draw, repay and redraw against a limit, without reapplying each time. Best for the recurring, hard-to-predict gaps a technology business throws up — a renewal here, a contractor there, ad spend on the next campaign — funded as each falls due and repaid as client invoices settle. /business-credit-facility/
Business Loan — a short-term, unsecured loan: one fixed amount over one fixed, short term, then done. Best when the need is genuinely one-off and you know the sum and the period — bridging a single late enterprise invoice, or a one-off tooling or licence purchase. No revolving trap, known total cost. /business-loans/
Credicorp Slice — spread the cost of one specific bill — an annual software or cloud licence renewal, a contractor invoice, a single tooling purchase — over a few instalments at a single flat fee, with no interest compounding. Best for a known, dated outgoing you want to smooth. /credicorp-slice/

See them side by side with Compare products, or model a scenario with the Money tools & calculator.

For the exact loan and facility sizes, the term in days, the daily interest rate, the establishment fee, the flat Slice fee and the total-cost cap, see the machine-readable references at /ai.md and /llms-full.txt, which are generated from the live pricing source. We keep the figures in one place so there is a single source of truth, and do not restate them here.

Which product fits a technology need

Need	Best fit	Why
A recurring cycle of renewals, contractor day-rates and ad spend across back-to-back projects	Credicorp Flex	A revolving facility you draw, repay and redraw as each gap comes around — no reapplying.
A specific sum for a one-off — bridging a single late enterprise invoice	Business Loan	One amount, one fixed short term, known total cost — straightforward, no revolving trap.
One specific licence renewal, contractor invoice or tooling bill you want to spread	Credicorp Slice	Splits a single bill into a few instalments at a flat fee, with no interest compounding.

How a decision is made

Apply online — the application takes around ten minutes; have your company registration number and business bank details to hand. /apply/
Open banking — with your permission, we review your business bank data to understand real trading cash flow — the recurring contract income and the renewal-and-contractor outgoings a single credit score misses. In our customer story it was connecting the bank account that made the affordability picture clear quickly and let us decide without delay.
AI-assisted assessment — we weigh affordability, the company's trading pattern and the purpose of the funding. The decisioning logic itself is proprietary and not published.
Decision — usually inside an hour during working hours, and nothing is binding until you have read the offer terms and accepted them.
Funding — same-day once you accept.

Eligibility

A UK-registered limited company or LLP operating in IT, software or technology services.
The business has been trading for at least 6 months.
A UK business bank account.
No personal guarantee required from directors.

Decisions are AI-assisted and typically returned within an hour during working hours. Applying, the customer portal and the app are UK-only; the rest of the site — this guide and our wider content — is open to everyone.

Common questions from IT and software companies

Do I need to give a personal guarantee? No. We lend to the company, not to its directors. There is no personal guarantee and no director liability.

Is this a consumer loan? No. Credit Corp lends to UK limited companies and LLPs, not to individuals or sole traders. That puts this kind of business lending outside the consumer-credit regime. Consumers and sole traders are not eligible.

I contract through my own limited company — can I apply? Yes, if the company meets the published eligibility criteria. The customer in our story is a single-director limited company providing IT consultancy. We lend to UK limited companies and LLPs, not to individuals or sole traders — not to individuals or sole traders.

Can I borrow against an invoice I have not been paid for yet? We are not an invoice-finance provider — we do not advance money against specific unpaid invoices or take an assignment of your debtors. We lend the company a defined sum for a defined short term, which you can use to cover the gap until a client invoice clears. Match the term to the date you expect to be paid.

Should I use this to bridge an enterprise client on long terms? Bridging a late or long-dated invoice is sensible only when you are confident the invoice will be paid, and soon. If a reliable client is paying a fortnight late, the risk is timing, not default — a good fit. For a client who routinely pays months in arrears, the better answers are structural, and short-term borrowing is the wrong tool.

How fast is a decision? AI-assisted and typically confirmed within an hour in working hours, with same-day funding once you accept the offer.

What can I use it for? Genuine short-term business needs — a licence or cloud renewal, a contractor or freelancer, tooling or ad spend, or bridging a single late enterprise invoice. Borrow only what you need for the shortest term required.

What will it cost? The loan and facility sizes, the term in days, the daily interest rate, the establishment fee, the flat Slice fee and the total-cost cap are published in the machine-readable references at /ai.md and /llms-full.txt, generated from the live pricing source.

Who we are

Credit Corp Group Limited is an independent direct lender of short-term business credit to UK limited companies and LLPs, registered in England & Wales, Company No. 17338274, ICO registration ZC189608. ## Responsible borrowing

Keep the amount and the term down to what you actually need, because the annualised cost of short-term business credit is high. In a technology business it is tempting to roll one project's gap into the next — match the term to a date you can realistically be paid (a client invoice that clears, a contracted enterprise payment that lands), and avoid stacking new borrowing on top of old. Paying early reduces the total cost, since you only pay interest for the days you borrow. If repayment becomes difficult, contact us early at /help/. Support for vulnerable customers is at /legal/vulnerability/.

Related sectors

Professional services — project costs fronted before client fees land. /for/professional-services/
Creative and media — freelancer fees and ad spend before clients pay. /for/creative-media/
E-commerce — inventory and platform costs before revenue clears. /for/e-commerce/
Recruitment and staffing — weekly payroll against monthly client terms. /for/recruitment-staffing/
All sectors — /for/

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