2 min read
Why payroll comes first
Missing payroll damages trust, morale and sometimes your legal standing. If a gap looms, treat it as a priority and act early — the earlier you spot it, the more options you have.
Close the gap
Chase overdue invoices hard (see how to chase overdue invoices), and if the shortfall is a timing issue, a short working-capital facility covers payroll and is repaid as customers pay. Read covering payroll gaps.
What it means for you
A payroll wobble need not become a crisis.
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See indicative terms on business loans, or apply online in minutes.
Frequently asked questions
Is it sensible to borrow for payroll?
For a temporary, timing-driven gap, yes — it protects your team and your reputation, and is repaid as income lands. Borrowing to cover a permanent inability to meet payroll is a different, deeper problem.
What if the gap keeps recurring?
Recurring payroll gaps point to an underlying cash-flow or margin issue, not just timing. Look at your working-capital cycle and pricing alongside any short-term bridge.
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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.