2 min read
Borrow from strength
Arranging finance while trading is healthy, before a crunch, presents your business at its best and secures better terms. Applying in distress is harder and dearer. See how to prepare.
Have headroom in place
Setting up a facility before a seasonal trough or a big order means the funding is ready when the moment comes. A revolving facility you rarely touch is cheap insurance.
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
Should I wait until I need finance to arrange it?
No. Arranging it ahead of need, while trading is strong, gets better terms and means the funding is ready when the moment comes. Applying in a crisis is harder and costlier.
Is it worth arranging a facility I might not use?
Often, yes. A revolving facility you rarely draw on is inexpensive insurance, ready for a seasonal trough, a big order or an unexpected cost.
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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.