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How they relate
A secured loan is a loan backed by an asset. The charge is the legal instrument — usually within a debenture — that actually grants the lender rights over that asset and lets them enforce if you default. The charge is registered at Companies House within 21 days, so it becomes part of your public company record.
What this means for your company
A registered charge is visible to other lenders and suppliers, and it can affect future borrowing because it signals your assets are already pledged. Charges can be fixed or floating, and are released when the loan is repaid. Credicorp's unsecured lending registers no charge, keeping your Companies House record — and your assets — free. That matters if you plan to raise further finance later.
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
Does a charge appear publicly?
Yes. Registered charges are shown on your Companies House record for anyone to see, including other lenders assessing you. Fewer charges keeps your business looking less encumbered when you seek more finance.
When is a charge removed?
Once the secured loan is fully repaid, the lender files to satisfy the charge and it is marked as released on your record. It is worth checking this is done, as a stale charge can complicate future applications.
Related reading
What is a debenture on a business loan?
A debenture is a legal charge that gives a lender security over a company's assets — a claim on the business,…
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What is a fixed and floating charge?
A fixed charge attaches to a specific asset; a floating charge covers a changing pool of assets like stock…
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What does 'secured against company assets' mean?
Securing a loan against company assets gives the lender a claim over the business's property or equipment if…
Read →What is the difference between a fixed and a floating charge?
A fixed charge attaches to specific, identifiable assets like property; a floating charge hovers over…
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.