Answer

What should I do before I apply for business finance?

Before applying, tidy your records, work out your affordability, check and correct your credit file, and be clear on the purpose — preparation wins a faster, better yes.

2 min read

Tidy recordsAccounts + statements
Know your numbersAffordability
Clean fileFix errors

The preparation checklist

Get recent bank statements and management accounts ready, calculate your affordability, pull and correct your credit file, and define what the money is for.

Why it pays off

Lenders decide on what they can see, so a well-prepared application gets a faster decision and better terms — and avoids scattering applications that mark your file. See how to prepare.

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

What is the most important preparation step?

Working out your affordability so you apply for the right amount, and tidying your records so the lender can see a healthy, well-run business.

Should I check my credit file before applying?

Yes. Checking your own file is a soft search that does not affect the score, and it lets you catch and fix errors that could otherwise cost you an offer.

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.