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Cover it without stalling
If critical equipment fails, the priority is to keep trading. Use your cash buffer if you have one, or short-term finance — including asset finance for a replacement — to cover the cost quickly.
Then rebuild
Using finance rather than draining reserves keeps a cushion for the next surprise. Once trading is steady, rebuild any buffer you drew on so you are ready for the following shock.
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
Should I use savings or borrow for an emergency repair?
If it is critical, act fast with whichever is quickest. Using finance preserves your buffer for the next surprise; using the buffer avoids finance cost. Rebuild whichever you draw on.
Can I finance replacement equipment?
Yes. Asset finance spreads the cost of a replacement over its life, and short-term finance covers urgent repairs — both keep you trading without a big up-front hit.
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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.