Accountants, solicitors, consultants and agencies often front large project costs before client invoices are settled. Credicorp bridges that gap for UK incorporated professional service businesses.
UK Ltd or LLP only · No personal guarantee · Decisions most working days
Recognise any of these?
Software licences, tools or training costs to pay before client fees land
A large project requiring upfront expenditure with 60-day payment terms
Hiring a contractor to cover a skills gap while your team is at capacity
Slow-paying clients leaving you short for your own supplier obligations
If so, a Credicorp short-term business loan could help you bridge that gap.
Which product fits?
Credicorp Business Loan
Recommended for this sector
Professional service cash-flow gaps are typically tied to a specific invoice cycle — a known sum needed for a defined period. A fixed-term loan gives you certainty on cost.
£50–£500 in one advance
Fixed 14–84 -day term
0.25%
per day simple interest + £5 establishment fee
If the need is a specific software licence, tools subscription or contractor invoice, Credicorp Slice spreads one bill at a flat 6% fee over 3 or 4 weekly instalments.
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
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. We lend to the company, so no director signs a personal guarantee.
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
Interest can be quoted as a daily rate, a monthly rate or an APR — and the same loan can look very different depending on which you read. This guide explains how business loan interest is actually calculated so you can compare offers on a like-for-like basis.
Secured loans are backed by an asset; unsecured loans are not. That single difference changes the rate, the speed, the amount, and the risk. This guide explains how each works and when each makes sense for a UK business.
A personal guarantee makes a company director personally liable for a business debt — so if the company cannot repay, the lender can pursue the director's own assets. Lending without one keeps the borrowing where it belongs: with the company. This guide explains what a personal guarantee is, why it matters, and what no-personal-guarantee lending changes for UK directors.
Can an accountancy, legal or consultancy firm apply?
Yes. Credicorp lends to UK incorporated limited companies and LLPs in professional services — accountants, solicitors, consultants, agencies and similar firms. The sector and client base are not pricing factors.
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), which places the facility outside the
consumer-credit regime. The Financial Ombudsman Service and Financial Services
Compensation Scheme do not apply.
Full details: regulatory status and
responsible lending policy.
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