I inherited a business and need working capital to run it — can I borrow?

An inherited business often comes with trade but thin cash; a working-capital facility funds day-to-day running while you learn the numbers and steady the ship. Inheriting a business can mean inheriting its cash-flow pressures. Suppliers, staff and overheads carry on regardless of the ownership change, and reserves may be thin.

I inherited a business and need working capital

2 min read

Trade but thin cashCommon on handover

Fund the runningWorking capital

Learn the numbersBefore big moves

The handover cash gap

Inheriting a business can mean inheriting its cash-flow pressures. Suppliers, staff and overheads carry on regardless of the ownership change, and reserves may be thin.

Fund steady running first

A working-capital facility covers day-to-day trading while you settle in. Because Credicorp lends to the company, the change of ownership doesn't cut you off from finance.

Understand before you expand

Get to grips with the real numbers before big commitments — build a cash-flow forecast and see where the money actually goes. Stabilise first, grow second.

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 when the numbers work.

Frequently asked questions

Can a newly inherited business get finance?

Yes, provided the underlying trade is sound. Lenders look at the business's trading history and health, which continues across a change of ownership.

Should I make changes to an inherited business straight away?

Stabilise first. Fund steady running, learn the real numbers, then make considered changes. A working-capital facility buys the breathing room to do it properly.