2 min read
How reporting works
Lenders share account conduct with the business bureaux. On-time payments build your company credit score; missed ones drag it down and can show in your public credit profile for a period.
Limiting the damage
If a payment will be late, tell the lender first — an agreed arrangement is treated differently from a silent miss. Clear the arrears quickly and keep the rest of the account clean so one slip does not define your profile.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
Does one late payment ruin my business credit?
A single, quickly cured late payment is far less harmful than a repeated pattern. Communicating with the lender and clearing it fast limits the impact.
Can I stop a lender reporting?
No — reporting account conduct is standard and expected. Your control is in keeping payments on time and engaging early if you cannot.
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Read →Funding for UK limited companies
Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.