Does a business loan show on my personal credit file?

Two separate credit identities

A limited company has its own credit file, distinct from the director's personal one. Borrowing taken in the company's name is recorded against the company, and it is the company's conduct — paying on time, managing its account — that builds or dents that record. Your personal file tracks your personal borrowing. The two are kept apart by design, which is why company debt does not, by default, appear on your personal history. See do business loans affect my personal credit for the wider split.

When it can reach your personal file

There are two main ways company borrowing can touch your personal record. The first is a personal guarantee: by personally backing the debt, you may create a personal liability that can be recorded. The second is the application itself — some lenders run a hard personal credit search on the director, which leaves a footprint. Whether the check is soft or hard determines whether that search is visible to others.

How Credicorp keeps it on the company side

Because Credicorp lends to the UK limited company and takes no personal guarantee, the borrowing belongs to the company and is reflected in the company's record rather than landing on your personal file as a debt. The assessment centres on the business itself. For whether Credicorp reports to agencies at all, see does Credicorp report to credit agencies, and for the knock-on to personal borrowing, will a business loan affect my mortgage.