Choosing the right business loan for your UK company

Exempt business loans for UK limited companies and LLPs only. Loans from £10,000 to £250,000, with no personal guarantee required. From application to decision in 48 hours; funds transfer within 1–2 business days of facility agreement.

Why choose Credicorp for your business loan?

Speed: Decision in 24–48 hours, funds transfer 1–2 business days after agreement.
Flexibility: We assess your full financial picture, not just credit score. Strong financials can offset past credit issues.
No personal guarantee: Our loans are secured by your business's financials and performance, not your personal assets.

How Credicorp works

Exempt business lender: Operating under Articles 60B and 60L of the FSMA RAO 2001, serving only UK‑registered limited companies and LLPs.
Transparent pricing: We quote your personalised rate and all fees in writing before you commit. What you see at offer is what you pay; no hidden charges.
Flexible eligibility: We assess every application on its full merits. Even businesses with past credit issues may qualify if current financials are strong.

What to expect when applying

To apply for a Credicorp business loan, you'll need:

Proof of incorporation (Companies House registration)
Recent accounts (up to date within the last 12 months)
Proof of trading (3–6 months of business bank statements)

After submission, our team will contact you within 24 hours to confirm receipt and highlight any outstanding documentation. We'll provide your decision and personalised quote within 48 hours of having complete information. If approved, funds typically transfer within 1–2 business days following facility agreement execution.

Frequently asked questions

What credit score do I need for a business loan?

Credicorp does not use a single credit score threshold. We assess your business's financials, trading history, and cash flow. Even businesses with impaired credit may qualify if financials are strong.

How long does it take to get a business loan?

Credicorp processes most applications within 24–48 hours. Funding times may vary depending on the complexity of your application and our ability to verify your information.

Can I get a business loan without a personal guarantee?

Yes, Credicorp's exempt business loans do not require a personal guarantee from the business owner.

Credicorp Limited (Company No. 16093826) is an exempt business lender under FSMA RAO 2001, serving UK limited companies and LLPs only.