2 min read
Only visible income counts
Lenders assess bank statements. Cash takings that are banked show up as turnover and support a loan; cash that never reaches the account is invisible and cannot help. A hospitality or retail business that banks daily is straightforward.
Making cash trading fundable
Deposit takings consistently, keep clean records, and let the statements tell the story. A tidy set of books that reconciles to banked cash reassures a lender that the visible income is the real income.
Applying
Bank your takings, gather statements, and apply online.
Frequently asked questions
Does cash I don't bank count towards a loan?
No. A lender can only assess income it can see. Unbanked cash is invisible to the assessment and cannot support borrowing.
Are cash businesses harder to fund?
Only if takings are not banked consistently. A cash business that deposits regularly and keeps clean records is assessed like any other on its banked turnover.
Related reading
What bank statements do lenders look at for a business loan?
Lenders usually review three to six months of business bank statements, reading conduct as much as balances…
Read →Why does my bookkeeping matter for borrowing?
Lenders decide on what they can see, so clean, current bookkeeping directly improves your chances and your…
Read →
Does my company need a business bank account to borrow?
In practice, yes — a lender needs to see the company's trading through a business account to assess and to…
Read →
Can a company that only trades online get a business loan?
Yes — trading online rather than from a shop or unit does not affect eligibility. Lenders assess evidenced…
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.