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Credicorp vs a director's loan
Lending your own money into the company creates a director's loan account, personal risk and admin. A Credicorp loan funds the company directly — no personal money, no personal guarantee.
- 1 hour Typical decision in working hours
- Same day Funding once you accept the offer
- £50–£2,000 Advanced to UK limited companies
- 100% cap Total cost of credit, capped — never repay more than double
- No PG No personal guarantee — we lend to the company
Applications reviewed by Credicorp to date: thousands of UK companies
Figures are the published product terms, resolved from our single pricing source (/ai.md). Every application is assessed on its own merits — approval is never guaranteed.
In short
Choose Credicorp to keep your personal cash out and the borrowing on the company; a director's loan can suit a very short, tiny top-up you will repay to yourself immediately.
Side by side
| Credicorp | A director's loan | |
|---|---|---|
| Whose money | Credicorp's funds, lent to the company | Your personal savings, lent in |
| Personal risk | None — the company is the borrower | Your own cash is exposed to the business |
| Admin & tax | Simple company borrowing | A director's loan account with its own tax and reporting rules |
| Personal guarantee | None | Not applicable — but your capital is fully at risk |
| Availability | Up to the published limit, funded same day | Limited to the cash you personally have spare |
| Best for | Funding without touching personal savings | A tiny, immediate self-funded top-up |
When A director's loan may suit you better
We would rather you borrow well than borrow from us. Consider the alternative if:
- You have spare personal cash and want zero borrowing cost
- The amount is tiny and repaid to you almost immediately
Otherwise, for a fast, capped, company-only short-term need, Credicorp is built for exactly that.
What Credicorp gives you
- £50–£500 of short-term business credit, lent to the company
- No personal guarantee and no personal credit search on any director
- Total cost of credit capped at 100% — you never repay more than double
- Decision typically within the hour, same-day funding on acceptance
- Interest only for the days you borrow — settling early costs less
Your instant cost preview
Drag to your figure — see exactly what you would repay before you apply. No credit search, no obligation.
Capped at 100% of the amount borrowed.
Illustration only, not an offer or a lending decision, and not a quote personal to you. Interest is simple (no compounding) and charged only for the days you borrow, so settling early costs less. Full terms and the single pricing source: Business Loan · /ai.md.
Common questions
- Why not just use a director's loan?
- You can, but it puts your personal cash at risk and creates a director's loan account with tax and reporting implications. A Credicorp loan funds the company directly, with no personal guarantee and no personal money exposed.
- Do I need a personal guarantee with Credicorp?
- No. Credicorp lends to the company — a UK limited company or LLP — as the sole obligor. There is no personal guarantee and no personal credit search on any director. The debt is the company's, not yours.
- How fast is Credicorp?
- Applications are reviewed in working hours, with a decision typically confirmed within the hour and same-day funding once you accept the offer.
Decision in minutes
Apply in minutes, get a decision typically within the hour, and have the funds the same day you accept — no personal guarantee, capped cost.
Comparisons describe the general structure of each option, not specific competitor pricing. Credicorp lends to UK limited companies and LLPs under the body-corporate exemption (Articles 60B and 60L of the FSMA (Regulated Activities) Order 2001); this is not consumer lending, and the FOS and FSCS do not apply. Short-term business credit carries a high annualised cost — borrow only what you need, for the shortest term. Full details: regulatory status and responsible lending.
Before you go — see your cost in 5 seconds
No credit search, no obligation. Borrow £50–£500, get a decision within the hour in working hours, and same-day funding once you accept. We lend to the company — no personal guarantee.
Or use the full calculator first.