2 min read
Business vs consumer credit
Consumer credit rules protect individuals borrowing for personal use. A limited company borrowing for its trade is a commercial arrangement, generally outside that regime, so you rely on the contract terms rather than consumer protections. Read the structure carefully.
What it means for you
Because the safety net is different, scrutinise fees, guarantees and early-repayment charges, and compare the true cost. A clear, fair lender matters more when consumer rules do not apply.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. Credicorp offers commercial lending with transparent terms and no personal guarantee, so you know exactly where you stand. See business loans or apply online.
Frequently asked questions
Do consumer credit protections cover my business loan?
Generally no. Company borrowing for business purposes is a commercial arrangement outside consumer credit regulation, so the contract terms govern.
What should I do instead?
Read the terms closely — fees, any guarantee, early-repayment charges — and compare the true cost, since consumer protections do not apply.
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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.