2 min read
What it means
Affordability is the lender's assessment of whether the business can meet the repayment out of its cash flow without strain — in good months and lean ones. It looks forward at capacity to repay, not backward at record. That's why a strong-trading company with a patchy credit history can still be a good borrower, and why it's the heart of responsible lending.
How to demonstrate it
Show consistent turnover (verified via open banking), a repayment that leaves comfortable headroom, and a clear purpose. Borrow to the need, not the maximum — a smaller, clearly affordable request is stronger than a stretch. A cash-flow forecast showing the repayment fits is exactly the evidence a lender wants.
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
Is affordability more important than my credit score?
Usually, yes. A credit score reflects the past; affordability reflects your capacity to repay now. A responsible lender leans on whether the repayment genuinely fits your cash flow, so strong trading can outweigh an imperfect score.
How do I prove affordability?
With consistent bank turnover (open banking makes this instant), a repayment that leaves clear headroom in a lean month, and a sensible amount for a clear purpose. A cash-flow forecast that shows the payment fits is the strongest evidence.
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Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.