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 the guide →Cash-flow lending for construction businesses
Builders, contractors and subcontractors buy materials and pay labour long before a stage payment or retention is released. Credicorp bridges that gap for UK incorporated construction businesses — no personal guarantee, same-day decisions.
UK Ltd or LLP ae · Nae personal guarantee · Decisions maist warkin days
Recognise ony o thir?
- Materials and plant hire to pay upfront before a stage payment lands
- Retention held back for months after the work is signed off
- Paying subcontractors weekly while the main contractor pays you monthly
- A tool or piece of plant breaking down mid-project and stopping the job
If so, a Credicorp short-term business loan could help you bridge that gap.
Whilk product fits?
Credicorp Business Loan Recommendit for this sector
Construction cash flow is the gap between paying for materials and labour now and being paid for the work later. A fixed-term loan covers that specific gap at a known total cost.
- £50–£500 in ae advance
- Fixed 14–84 -day tairm
- 0.25% per day semple interest + £5 set-up fee
- Total cost cappit at 100% o principal
- Nae personal guarantee
- Maist decisions same warkin day
Credicorp Slice — split a single bill
If the need is one specific bill — a materials order, plant hire invoice or equipment service — Credicorp Slice spreads it over 3 or 4 weekly instalments at a flat 6% fee with no compounding.
- Bills o £50–£2,000
- Flat 6% fee — nae compoondin
- 3 or 4 weekly instalments bi Direct Debit
- Settle early an we refund the unuised 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 for yer sector
A teepical construction business micht borrae £450.00 ower 56 days. Adjust the sliders tae match yer ain scenario.
This matches yer needs? Stairt yer 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.
Wha can pit in?
- UK leemitit company or LLP (body-corporate lendin anely — no sole traders)
- 6+ months tradin
- Current UK business bank accoont
- Director identity check (you, no the company, as the company's authorised representative)
- Nae personal guarantee requirt — the obligation is the company's
Guides for yer 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 the guide →A founder's guide to UK startup funding — without the jargon
Grants, loans, equity, bootstrapping — the funding ladder for a UK micro-business, with honest pros and cons for each step.
Read the guide →Common speirins
- Can a construction or contracting company apply for a Credicorp business loan?
- Yes. Credicorp lends to UK incorporated limited companies and LLPs in construction — builders, contractors, groundworkers and fit-out firms. Whether you work on residential or commercial sites is not a pricing factor.
- Do companies in this sector need to provide a personal guarantee?
- No. All Credicorp lending is to the company — the UK limited company or LLP — as the sole obligor. There is no personal guarantee and no personal credit search on any director or shareholder.
- How quickly can a company in this sector get a lending decision from Credicorp?
- Applications are reviewed as they arrive during business hours. Credicorp aims to make a credit decision the same working day in most cases. Once approved, funds typically reach your company account the same day.
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.