How it works

A Credicorp business loan goes from application to funded in four simple steps. Borrow £50 to £500 over 14 to 84 days for your UK limited company — apply in about five minutes, get an AI decision in minutes confirmed by a real underwriter, and receive funds the same working day on approval. No personal guarantee, no branch visit, no paperwork.

From application to funded in four steps

Apply in 5 minutes
Tell us about your company and how much you need. No paperwork, no branch visit — do it from your phone.
AI decision in minutes
Our AI analyses your company in real time. A real underwriter then confirms — not just a black-box score.
See your terms
Clear, fixed pricing with the total cost shown up front. Cost capped at 100% of what you borrow. No surprises.
Funded same day
On approval, the money lands in your company account — usually within hours of signing.

What you need to apply

The application takes around five minutes. Have these ready and you can finish in one sitting.

Your company details (we verify the company at Companies House).
The director's details and photo ID.
A UK business bank account in the company's name.
The last six months of business bank statements.
How much you need: between £50 and £500, over 14 to 84 days.

You can save your progress and come back to it from the link we email you.

What happens after you apply

A real person reviews the application. We verify the company at Companies House, run a business credit check, and check the bank statements for affordability.

We do not refuse credit based solely on past events — a missed payment in the past does not rule you out on its own. We look at how your business trades today and its ability to repay now.

Your terms, in plain English

The total cost, shown up front

Interest is 0.25% per day on the outstanding principal, plus one establishment fee of £5.00 charged when the loan is drawn down. There are no other set-up or arrangement fees. The total cost of credit is capped at 100% of the amount you borrow — you will never repay more than double the principal in interest and fees combined.

If approved, you receive a Key Information Sheet (KIS) and a Business Loan Agreement.
The agreement is between Credicorp Limited and your company. We do not ask the director for a personal guarantee.
You repay weekly or fortnightly, and can settle early at any time — an early-settlement charge of up to 28 days' interest may apply, and is shown in your settlement figure first.

Getting your money

Money is sent to your business bank account, usually the same working day where the agreement is signed before 3pm UK time.

On approval, the money lands in your company account — usually within hours of signing.

Your protections, built in

No personal guarantee. The loan is to the company, not to the director.
Settle early any time — an early-settlement charge may apply.
A 14-day right to withdraw, beginning the day after you sign. If you change your mind within that period, repay the principal plus any interest accrued to that day and the loan ends.
Hardship is treated as a conversation, not a default. If your business hits a rough patch, contact us — we can pause, restructure or refinance the loan.
We report only to business credit reference agencies (Experian Business, Creditsafe and Equifax Business). We do not report this loan to consumer credit files.

Credicorp Limited is a UK commercial lender. We lend 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 company is the borrower, the director gives no personal guarantee, and the Financial Ombudsman Service and Financial Services Compensation Scheme do not apply. Subject to status, affordability and business credit checks.