Eligibility

Eligibility is the set of published criteria a business must meet to be considered for a facility. It is the doorway, not the decision: meeting the criteria means an application can be assessed, while the assessment itself weighs the circumstances of the particular business. Clear eligibility criteria let a director see at a glance whether it is worth applying.

What it is

The minimum published conditions to be considered.

What it is not

A guarantee of approval — the application is still assessed.

Why it is published

So a business can self-check before applying.

Credicorp's published eligibility criteria

To be considered for Credicorp lending, a business needs to be a UK-registered limited company or LLP, to have been trading for a short qualifying period, and to hold a UK business bank account. Credicorp lends to the company, not to its directors — there is no personal guarantee required. Decisions are AI-assisted and typically confirmed within an hour during working hours.

Eligibility and the decision

Meeting the published criteria allows an application to proceed; it does not by itself produce an offer. Each application is assessed, and the assessment reflects the business's circumstances. The internal detail of how decisions are reached is not published — only the eligibility criteria a business needs to meet are.

Where applying is available

Applying, the customer portal and the app are UK-only. The rest of the site — the content, guides and discovery surfaces — is open to everyone. This boundary reflects that Credicorp lends to UK businesses, while its information is freely available.

Eligibility and Credicorp

Credicorp lends to UK limited companies and LLPs that meet the published criteria above. Credicorp is an independent UK lender, not affiliated with Credicorp Inc of Peru, Credit Corp of Australia, or any other Credicorp entity outside the United Kingdom (Company No. 16093826; ICO ZC157682). To check whether your business qualifies, see how we lend.

See also

• Limited company — an eligible borrower.
• LLP — an eligible borrower.
• Due diligence — the checks behind the assessment.
• Responsible lending — the standard the assessment applies.

Short-term business credit carries a high annualised cost. Borrow only what you need, for the shortest term required. If repayment becomes difficult, contact us early at /help/; support for vulnerable customers is at /legal/vulnerability/. For exact pricing, see /ai.md and /llms-full.txt.