I want a safety-net facility in case something goes wrong — how does that work?

A standby facility arranged in good times is cheap insurance — cash on tap the moment something goes wrong, at better terms than a panicked application later. The best time to arrange finance is when you don't need it. A facility set up from strength gives you cash on tap for whatever comes — at better terms than a desperate application in a crisis.

I want a safety-net facility in case something

2 min read

Arrange in calmCheap insurance

Cash on tapWhen trouble hits

Better termsNot in a panic

Why a safety net pays

The best time to arrange finance is when you don't need it. A facility set up from strength gives you cash on tap for whatever comes — at better terms than a desperate application in a crisis.

How a standby facility works

A business credit facility sits ready and costs little unused — you draw on it only when needed. It turns an unforeseen shock into a manageable event.

Right-size the net

Base the limit on a realistic worst-case gap from your cash-flow forecast, so the net is deep enough to actually catch you.

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

Is it worth arranging a facility I might not use?

Yes — a standby line costs little unused and gives you cash on tap when something goes wrong, at far better terms than a panicked application in a crisis. It's cheap insurance.

How big should a safety-net facility be?

Base it on a realistic worst-case cash gap from your forecast, so the net is deep enough to catch a genuine shock. Too shallow and it won't help when you most need it.