2 min read
Rebuilding trust
Address the issue directly with those affected, settle what you owe, and keep every subsequent commitment. Lenders reading your credit profile weight recent behaviour heavily, so a clean run after a setback matters.
The finance angle
A recorded default or CCJ can be marked satisfied once cleared, and its impact fades with time and good conduct. See whether a satisfied CCJ still affects borrowing, and rebuild with a modest, well-serviced facility.
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
Can my business recover from a financial black mark?
Yes. Recent conduct weighs most, so settling the issue and building a clean track record steadily restores standing with lenders and suppliers.
Does a satisfied default still count against me?
Its impact fades with time and good conduct once marked satisfied. A period of clean, well-serviced borrowing rebuilds your profile.
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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.