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The end of the term
Once the final repayment is made, the loan is settled and the facility ends. If it funded a specific need that is now met, that is the natural conclusion. Check whether any final fees apply.
If you still need funding
Many businesses renew or refinance as one facility ends, keeping continuity of working capital. Review your current needs and cash flow, and arrange the next facility before the old one closes. See business loans explained.
What it means for you
Plan the transition rather than reaching the end unprepared. Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
Can I renew a business loan at the end?
Often yes, subject to a fresh affordability assessment. Many businesses renew or refinance to maintain continuous working capital. Arrange it before the current facility closes.
Are there fees at the end of a loan?
Usually not beyond the final repayment, unless the agreement includes an exit or early-settlement fee. Check your terms so the end of the loan holds no surprises.
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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.