Is Credicorp a direct lender or a broker?

Direct lender versus broker — the difference

A broker is an intermediary: they take your details and shop them around to a panel of lenders, then introduce you to whichever offers to fund you. A direct lender, by contrast, lends its own money and makes its own decision. Credicorp is a direct lender. When you apply, your information goes to us, we assess your company, and we provide the finance — the decision and the funds come from the same place. That matters because it removes a layer between you and the people actually deciding on your loan.

What dealing directly means for you

Working with a direct lender usually means a clearer, faster, more accountable process. There is one relationship to manage rather than a broker and a separate funder, which tends to mean quicker decisions and a single point of contact if you have a question or need to vary your arrangement later. It also means the terms you are offered are our terms, explained by us, with no introducer fee sitting between you and the lender. If you want to understand what sets our approach apart, see what makes Credicorp different.

Who Credicorp lends to

Credicorp provides short-term, working-capital finance to UK limited companies. We lend to the company itself, not to directors personally, and we do not take a personal guarantee — so the facility sits with the business. We do not lend to individuals or, as a rule, to sole traders; the structure is built around limited companies. If you are unsure whether your business fits, see whether your business is eligible and whether Credicorp lends to individuals.

Applying directly

Because we are a direct lender, you apply to us straight away — there is no introduction step. You can review what we offer at credicorp.co.uk/business-loans and begin an application through our client portal. Have your company details and recent bank information ready and the process is straightforward. If you want to know what we look at before you start, see what lenders check.