2 min read
What short-term lenders want
For working capital, lenders assess visible cash flow, bank activity and record rather than a formal plan. A clear picture of your numbers and the loan's purpose is usually enough.
When a plan helps
For larger, growth or acquisition borrowing, a concise plan and forecast strengthen the case by showing where the money goes and how it pays back. It signals a considered borrower.
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
Do I need a full business plan to borrow?
For short-term working capital, usually not — lenders focus on cash flow and trading. A concise plan and forecast help for larger, growth or acquisition finance.
What matters more than a plan?
Visible, verifiable cash flow, a clean record, and a clear purpose for the money. For most short-term lending, these carry the decision.
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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.