Answer

What do I need to apply for a business loan?

Most applications need recent bank statements, your latest accounts, and a clear sense of how much you want and why. Having these ready speeds the decision and strengthens your case, because lenders decide on what they can see.

2 min read

Bank statementsRecent activity
AccountsFiled + management
PurposeClear reason

The core documents

Typically: recent business bank statements, your latest filed accounts, and current management accounts. For company lending assessed on the business, the focus is the company's cash flow and record.

The information that helps

Know your turnover and profit, work out your affordability, and be clear on the purpose of the loan. A defined purpose signals a considered borrower.

What it means for you

Prepare once, apply well.

Credicorp lends to your company, not to you personally, and takes no personal guarantee. See indicative terms on business loans, or apply online in minutes.

Frequently asked questions

Do I need a business plan to apply?

For short-term working capital, usually not a full plan, but a clear purpose helps. For larger or growth borrowing, a concise plan and forecast can strengthen the case.

Will I need to provide personal details?

For a company loan with no personal guarantee, the focus is the business. You will confirm your identity as a director, but the lending decision rests on the company's finances.

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.