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Credicorp vs trade credit and supplier terms
Trade credit — a supplier's own 30 or 60-day terms — is free while it lasts, but it is not cash and it is not guaranteed. When a supplier wants paying up front, Credicorp funds the gap.
- 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
Use supplier terms while they are offered and free; use Credicorp when a supplier wants payment up front or your own terms are tighter than theirs.
Side by side
| Credicorp | Trade credit / supplier terms | |
|---|---|---|
| What it is | Cash paid into your company account | A supplier's own agreement to be paid later |
| Cost | A known, capped total cost of credit | Often free if paid on time, but can carry lost early-payment discounts or late fees |
| Reliability | A confirmed offer once approved | Can be reduced or withdrawn if a supplier tightens terms or you are new to them |
| Flexibility | Cash you can use for any purpose, with any supplier | Only helps with that one supplier's own invoice |
| Personal guarantee | None — company is the sole obligor | Not applicable, but new accounts often need trade references or a track record first |
| Best for | When a supplier needs paying now, or terms are not offered | An established supplier relationship offering genuine 30/60-day terms |
When Trade credit / supplier terms may suit you better
We would rather you borrow well than borrow from us. Consider the alternative if:
- Your supplier already offers workable payment terms and you can meet them
- You would rather negotiate terms than borrow at all
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 borrow if my supplier already offers 30-day terms?
- Trade credit is genuinely useful while it is on offer. Credicorp fills the gap when a supplier wants payment up front, when your own customer terms are longer than your supplier's, or when a new supplier has not yet extended terms to you.
- Can Credicorp Slice replace a supplier account?
- Credicorp Slice spreads one specific supplier invoice into 3 or 4 weekly instalments at a flat fee — a way to manage a bill from a supplier who does not offer their own terms.
- 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.