Fast business funding decisions for UK limited companies
Most eligible applicants get a credit decision in minutes; others within 1–2 business days. Automated underwriting for exempt business lending—no personal guarantee, funds arrive in your company account within 1–2 business days.
Automated underwriting: a decision in minutes or days
The Credicorp Hub decision engine evaluates your company’s eligibility. If your company meets our criteria with a verified trading history and fresh accounting data, you’ll get an immediate credit outcome.
If your Companies House filings are incomplete, you don’t connect your accounting software, or your profile needs manual review, you will receive a decision within 1–2 business days.
We verify your trading history using the last two years of filed accounts from Companies House, plus your profit‑and‑loss records via Xero or FreeAgent (or manual upload).
Lending directly to your limited company—no personal guarantee
Credicorp lends exclusively to UK limited companies and LLPs under the exempt lending regime (Articles 60B/60L). Because we fall outside FCA consumer‑credit regulation, we can move faster—automated decisions, no FCA delays, funds within 1–2 business days.
Loan terms are commercial contracts between your company and Credicorp Limited. This “commercial” nature is why we can offer flexible, fast-moving business credit tailored to your trading profile.
Loan proceeds are drawn directly to your nominated business bank account.
Apply now — minutes to a decision, no booking fee
- Start in Credicorp Hub (takes about 5 minutes to complete the application)
- Receive a decision and commercial offer immediately if your company meets eligibility criteria
- Review terms, sign digitally, and draw funds
- Loan amounts are personalised based on your company’s financial profile, from £5,000 to £500,000; terms available from 6 to 60 months
Frequently asked questions
- How quickly will I receive a funding decision?
- Most eligible applicants receive a credit decision within minutes of completing the online application. If your data requires manual review (e.g., missing accounts, incomplete filings), you will get a decision within 1–2 business days.
- Do I need to provide a personal guarantee?
- No. Credicorp lends to the limited company only. Directors are not required to provide a personal guarantee.
- What are the basic eligibility criteria?
- Your company must be a UK limited company or LLP with a minimum trading history and turnover. Exact criteria are confirmed during the application. Check your eligibility in under a minute.
- Where can I see the commercial rates and fees?
- Personalised loan terms, including commercial rates and any arrangement fee, are presented in your secure Credicorp Hub account after verification. Full details are confirmed in your formal offer.
- When will my company receive the funds?
- After you sign the formal loan agreement, funds typically arrive in your nominated business account within 1–2 business days.
- Is the loan secured?
- Our standard product is unsecured lending to the company. Specific terms are set out in your formal loan agreement.
- What documentation does Credicorp need?
- We require the last two years of filed accounts (as shown on Companies House) plus your recent profit‑and‑loss records, either connected via Xero or FreeAgent or uploaded manually. This allows us to verify your trading history and make a rapid decision.
- What if my company doesn’t meet eligibility criteria?
- Your application will be declined automatically. Common reasons include: a company less than 24 months old, insufficient turnover, or recent year‑end losses. There is no fee for a declined application and no impact on your credit file.
- What does “commercial terms” mean?
- Commercial terms mean your loan agreement is a direct contract between your company and Credicorp, not subject to FCA consumer‑credit caps—this lets us move fast and offer flexible terms.