Answer

A larger premises came up at a good price — should I move now or wait?

When the right premises appears at the right price, waiting to self-fund often means losing it; finance lets you secure the space now and grow into it.

2 min read

Right space, right priceRare to align
Secure it nowOr lose it
Grow into itTerm finance

Why timing beats patience here

The right premises at the right price rarely coincides with the moment you happen to have the cash. Wait, and someone else takes the space you'll wish you had.

Fund the move and fit-out

A business loan covers deposit, fit-out and moving costs so you can secure the space now. Spread the cost over the period you grow into the extra capacity.

Don't over-reach

Take space you can realistically fill within a sensible horizon, not a cavern you're paying to heat empty. Check the ongoing rent and finance are comfortable on the affordability calculator.

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 when the numbers work.

Frequently asked questions

Should I wait until I can afford bigger premises outright?

The right space at the right price rarely waits for your cash to catch up. Financing the move lets you secure it now, provided the ongoing costs are comfortably affordable.

How much bigger should I go when I move?

Enough headroom to grow into over a sensible period, but not so much that you're paying for space you can't fill. Match the capacity to a realistic growth plan.

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.