2 min read
What makes it fast
Lenders assessing cash flow via open banking can decide quickly. Speed comes from having recent bank statements and accounts ready and asking for a well-sized amount. See how long a loan takes.
Be ready in advance
The fastest emergency funding is a facility arranged before the emergency. A revolving facility you already hold is instant headroom when a shock hits.
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 I get funding the same day?
With a strong, well-prepared application, a decision can come very quickly, sometimes the same day. Funding speed then depends on the lender and your bank.
How do I prepare for an emergency need?
Keep records current and, ideally, arrange a facility in advance. Ready headroom is the fastest emergency funding there is.
Related reading
How long does a business loan take to arrange?
A well-prepared application for short-term business finance can be decided quickly — often within a day or…
Read →
When is the right time to borrow for my business?
The best time to borrow is before you need to, while trading is strong and the numbers look their best —…
Read →
I have an unexpected repair or replacement bill — what now?
An unexpected essential bill is exactly what a buffer and short-term finance are for — cover it fast to keep…
Read →How do I apply for emergency business funding?
For genuine emergencies, go for a fast unsecured facility, connect Open Banking, and have documents ready —…
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.