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The checklist
Work through: the total repayable in pounds, not just the rate; every fee — arrangement, admin, late; whether a personal guarantee is required; any early-repayment charge; and any covenants you must keep. Read the default clauses and check for cross-default.
How to compare offers
Put competing offers side by side on total repayable and the full fee list, not the monthly payment — a lower monthly figure over a longer term can cost far more. Use the loan comparison calculator. A genuinely simple product states the total cost plainly, has no personal guarantee and no early-settlement penalty; that transparency is itself a signal of a fair lender.
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
Why compare total repayable instead of the monthly payment?
Because a smaller monthly payment often just means a longer term and more interest overall. Total repayable is the true cost. Two loans with the same monthly figure can differ by thousands across the term.
What fees should I watch for?
Arrangement and admin fees, early-repayment charges, and late-payment fees are the common ones. Ask for a full list in writing. A lender that will not put its fees in writing is a red flag.
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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.