Can two companies I own both borrow from Credicorp?

2 min read

Each entityBoth companies can be assessed

ConnectedGroup exposure is viewed together

TotalCombined affordability is the test

Each company stands on its own

Because every limited company is a separate legal person, finance is to that company, assessed on its own revenue and cash flow. Owning two companies does not pool their finances by default. Each is judged on its own trading, the same as any other applicant — see is my business eligible for Credicorp.

Why connections are still considered

Where companies share an owner, a lender looks at the group picture so it is not over-exposed to one person's businesses or fooled by money simply moving between them. Inter-company loans, common directors and any cross-guarantees are all relevant. This is the same affordability discipline as holding more than one business loan at once, applied across entities.

Keeping it clean

The healthiest pattern is two genuinely viable companies, each able to service its own borrowing from its own trading, with any inter-company arrangements clearly documented. If one company is effectively funding the other, that will show, and it weakens the case. Sense-check each company's own surplus with the affordability calculator.

Frequently asked questions

Are the two companies' debts combined against me?

Not as a single debt, since each company is a separate legal entity. But a lender does consider total exposure across connected companies you own, so the combined commitments form part of how each application is weighed.

Does borrowing in one company affect the other's application?

It can, because connected borrowing is viewed together. Reliable repayment in one company reads well; strain or missed payments in one can colour how the other is assessed. Each company being independently viable is what keeps it clean.