2 min read
A fresh, independent look
Alternative and specialist lenders exist precisely so you are not tied to your bank's appetite. They assess your statements and trading independently — you simply need a business account they can read, not a relationship they must approve of.
Why this helps
If your bank has declined or is slow, that says nothing final about your borrowing ability. A different lender may see the same figures and lend. Being turned down in one place is not being turned down everywhere. See handling a decline.
Applying
Bring your statements from whichever bank you use and apply online.
Frequently asked questions
Can I borrow if my own bank said no?
Yes. A different lender assesses you independently and may reach a different decision on the same figures. One decline does not close every door.
Do I need an existing loan or facility to qualify?
No. A lender assesses your trading afresh. You need evidence of income through a business account, not a pre-existing borrowing relationship.
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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.