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Marking a charge satisfied
When you clear a secured facility, the lender releases the security and you (or they) file a satisfaction at Companies House. The charge then shows as satisfied rather than outstanding, giving an accurate public record.
Why it matters
An old charge left showing as live suggests security is still in place and can make a new lender hesitate or ask questions. Keeping the register accurate protects your future borrowing capacity.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. Because Credicorp lends unsecured, there is no charge to register or later remove. See business loans or apply online.
Frequently asked questions
How do I remove a paid-off charge?
File a statement of satisfaction at Companies House once the lender has released the security, so the charge shows as satisfied rather than outstanding.
Does an old charge affect new borrowing?
It can. A charge still showing as live suggests security remains and may make a new lender cautious. Keep the register up to date.
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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.