Business insurance: what a UK micro-business actually needs
Public liability, employers' liability, professional indemnity, cyber, key person — what is legally required, what is genuinely useful, and what is over-sold.
Read guide →Short-term business loans in Leicester
Leicester's incorporated businesses span wholesale trade, professional services and a thriving manufacturing base — all sectors where supplier terms and customer payment cycles rarely align. Credicorp lends directly to your company, with no personal guarantee and 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
Leicester has one of the most commercially diverse economies outside London, with particular depth in textiles, wholesale garments, food manufacturing and distribution. Companies in these sectors commonly operate on extended buyer credit terms while needing to pay suppliers promptly — a structural gap that short-term credit is well suited to bridge.
The city also has a sizeable professional and business services community, including accountancy practices, marketing agencies and technology firms. These companies tend to invoice on completion, creating month-end cash bunching and periods of tighter liquidity between project phases.
Leicester's retail and hospitality sector — particularly around the Golden Mile and the city centre — faces seasonal demand swings that can compress margins at predictable points in the year. For incorporated companies in these trades, having access to fast, short-term working capital without a revolving commitment can make those periods significantly more manageable.
Credicorp does not lend against a postcode — the decision is identical wherever your company trades. A company registered in Leicester city centre, Oadby, Wigston or Hinckley is assessed on exactly the same basis as any other UK limited company.
Which product fits?
Credicorp Business Loan Recommended for most needs
A fixed-term loan suits Leicester's trade-heavy limited companies because the cost is known from day one, the term is capped and there is no revolving facility to manage — and no personal guarantee is ever required from the 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 lets your limited company spread one specific trade bill or supplier invoice across 3–4 weekly payments at a flat 6% fee, without touching your main working capital line.
- 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 Leicester might borrow £400.00 over 21 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
Can any Leicester business apply, or are there restrictions?
Only incorporated limited companies and LLPs registered in the UK are eligible. Sole traders, consumer borrowers and unincorporated partnerships cannot apply. Trading in Leicester, or any other city, does not affect the rate offered — Credicorp does not price by geography.
Is a personal guarantee required from a company director?
No personal guarantee is required. Credicorp extends credit to the limited company as a legal entity. Directors are not asked to accept personal liability in any form.
How long does a credit decision take for a Leicester company?
Credicorp returns a decision on the same working day the application is received. There is no staged approval process — the assessment is completed and communicated the same day.
Guides for your business
Investments for a UK director — the basics, honestly
A first-principles guide to investing surplus money — for directors who want a sensible plan rather than a stock-tip spreadsheet.
Read guide →UK startup funding guide for founders — no jargon
A startup funding guide for UK founders: grants, loans, equity, bootstrapping — the funding ladder for a micro-business, with honest pros and cons for each step.
Read guide →Explore more
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.