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Read guide →Short-term business loans in Dundee
Dundee's growing creative, life-sciences and professional-services economy means incorporated companies here often carry short receivables gaps between contract delivery and payment — no personal guarantee, same-day decisions. £50–£500 over 14–84 days.
UK Ltd or LLP only · No personal guarantee · Decisions most working days
Lending to businesses in your city
Dundee has undergone a well-documented commercial transformation, with life sciences and the biomedical sector established around the university research institutions, a digital and creative industries cluster that has grown since the city's emergence as a games development hub, and ongoing regeneration along the waterfront. Incorporated companies in these sectors typically deal with milestone or grant-adjacent payment cycles that are structured but slow, and a short-term advance can sit neatly between delivery and settlement.
The city's construction and fit-out activity connected to the waterfront and city-centre regeneration creates demand from specialist contractors and subcontractors who need to bridge materials or labour costs ahead of stage payments. These are temporary, predictable gaps — exactly the type a fixed-term facility handles without the overhead of a revolving credit line.
Retail and hospitality businesses in the Murraygate, Overgate and wider city centre also operate on tight working-capital cycles, particularly in the run-up to seasonal peaks or when a supplier requires upfront payment for stock. For a limited company in this position, a short-term loan with a defined repayment date is often more appropriate than drawing on an overdraft or waiting for debtor receipts.
Credicorp does not lend against a postcode — the decision is identical wherever your company trades. A limited company incorporated in Dundee, whether based in the city centre, the technology park or an outlying business estate, is assessed on exactly the same criteria as a company anywhere else in the UK, and location does not affect the rate or terms.
Which product fits?
Credicorp Business Loan Recommended for most needs
A fixed-term loan suits Dundee companies bridging a defined receivables gap — the repayment date can be set to coincide with an expected client payment or grant drawdown, with no revolving balance and no personal guarantee required from directors.
- £50–£500 in one advance
- Fixed 14–84 -day term
- 0.25% per day simple interest + £5 establishment fee
- Total cost capped at 100% of principal
- No personal guarantee
- Most decisions same working day
Credicorp Slice — split a single bill
Credicorp Slice allows a Dundee limited company to spread a single supplier or services bill over three or four weekly instalments at a flat 6% fee, keeping cash available while the company waits on a project milestone payment.
- Bills of £50–£2,000
- Flat 6% fee — no compounding
- 3 or 4 weekly instalments by Direct Debit
- Settle early and we refund the unused fee pro rata
Find your fit
Pick the borrowing that fits your business
Tell us what you need and roughly how much. We’ll point you to the right product — it’s a guide to help you choose, not a lending decision or a quote.
See the cost of a business loan
A typical business in Dundee might borrow £250.00 over 28 days. Adjust the sliders to match your own scenario.
This matches your needs? Start your application
Borrowing is expensive relative to bank lending. Only borrow if the cost is less than the gap it closes. Total cost capped at 100% of principal — you will never repay more than double. There is no personal guarantee; lending is to the company.
Who can apply?
- UK limited company or LLP (body-corporate lending only — not sole traders)
- 6+ months trading
- Current UK business bank account
- Director identity check (you, not the company, as the company's authorised representative)
- No personal guarantee required — the obligation is the company's
Common questions
Which Dundee businesses are eligible to apply for a Credicorp loan?
Credicorp lends to UK incorporated limited companies and LLPs, including those registered in or trading from Dundee. Sole traders, general partnerships and private individuals cannot apply. Being based in Dundee is not a pricing factor — the underwriting decision and rate are the same regardless of where in the UK your company operates.
Do directors of a Dundee company need to give a personal guarantee?
No. Credicorp's lending is extended to the company, not its directors. No personal guarantee is required and directors have no personal liability for the facility.
How quickly will a Dundee limited company receive a credit decision?
Credicorp aims to return a credit decision on the same working day. Approved applicants typically receive funds the same day or the following working day depending on when the application is submitted and bank processing times.
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Credicorp lends to UK limited companies and LLPs under the body-corporate exemption (Articles 60B and 60L of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001). This is not consumer lending. The Financial Ombudsman Service and Financial Services Compensation Scheme do not apply. Full details: regulatory status and responsible lending policy.