Answer

I need to fund a product recall or warranty issue — how do I cover the cost?

A recall or warranty issue brings sudden cost and reputational risk; a short facility funds putting it right quickly, which protects far more value than it costs.

2 min read

Sudden costRecall or warranty
Fix it fastProtect reputation
Bridge itShort facility

Why speed protects value

A recall or widespread warranty issue costs money to put right, but handling it quickly and well protects the reputation and customer trust that are worth far more than the fix.

Fund the fix

A short working-capital facility covers the cost of repairs, replacements or a recall so you can act decisively. Model the hit on your cash-flow forecast.

Fix the root cause too

Fold in the process or supplier change that stops it recurring. Borrowing to close a genuine quality risk defends the business's future, not just its present.

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 I finance the cost of a product recall?

Yes. A short working-capital facility funds repairs, replacements or a recall so you can act quickly. Handling it well protects the reputation and trust that are worth far more than the fix.

Should I borrow to fix a warranty issue?

When acting fast protects customer trust and the brand, yes — the reputational value at stake usually dwarfs the cost. Fund the fix, and address the root cause so it doesn't recur.

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.