2 min read
Why cash needs evidencing
Underwriting relies on verifiable income — bank statements, card settlements, filed accounts. Cash that never hits the bank cannot be assessed, so a cash-heavy business must show its takings clearly to prove affordability.
Presenting it well
Bank your takings promptly, keep till and sales records, and make sure accounts reflect true turnover. That turns cash income into evidenced income an underwriter can rely on. See how lenders verify the figures.
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 a cash business get a business loan?
Yes, as long as the income is banked and evidenced. It is unbanked, invisible cash that a lender cannot assess.
How do I evidence cash takings?
Bank them promptly, keep till and sales records, and ensure your accounts reflect the true turnover so underwriting can rely on the figures.
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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.