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Credicorp vs a guarantor business loan
A guarantor loan asks someone else to stand behind the debt if the company cannot pay. Credicorp lends to the company alone — no guarantor, no personal guarantee, from any director or third party.
- 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 the borrowing entirely on the company; a guarantor loan may be the only route for a company that cannot meet a lender's standalone criteria.
Side by side
| Credicorp | A guarantor loan | |
|---|---|---|
| Who is liable | The company alone | The company, plus a named guarantor if it cannot pay |
| Who you need to ask | No one — the company applies on its own standing | A guarantor willing to accept personal risk for your company's debt |
| Personal guarantee | None, ever | The guarantor's agreement is, in effect, a personal guarantee |
| Risk to relationships | None — no third party is involved | A default can damage the guarantor's finances and your relationship with them |
| Speed | Decision typically within the hour, same-day funding | Guarantor referencing and sign-off adds time |
| Best for | A company that can stand on its own trading position | A company that cannot meet standalone lending criteria and has a willing guarantor |
When A guarantor loan may suit you better
We would rather you borrow well than borrow from us. Consider the alternative if:
- The company cannot meet a standalone lender's eligibility on its own
- A director or third party is willing and able to accept personal risk as guarantor
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
- Does Credicorp ever ask for a guarantor?
- No. Credicorp lends to the company as the sole obligor — never to a director personally, and never with a third-party guarantor standing behind the debt.
- Why would a company use a guarantor loan instead?
- A guarantor loan can be a route for a company that does not meet a standalone lender's criteria, provided someone is willing to accept personal risk for the debt. It carries real personal exposure for that guarantor.
- 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.