2 min read
Soft vs hard searches
Checking your own business credit file or an eligibility check is a soft search — invisible to others and harmless. A full application typically triggers a hard search, which is recorded and can nudge the score.
How to protect your file
Prepare well and apply where you genuinely fit, rather than scattering applications. Multiple hard searches in a short window can look like distress to lenders. See how to prepare.
What it means for you
One well-targeted application beats several speculative ones.
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See indicative terms on business loans, or apply online in minutes.
Frequently asked questions
Will one application hurt my score?
A single hard search has a small, temporary effect. The bigger risk is several in a short period, which can signal distress. Apply where you are a genuine fit.
Can I check eligibility without a hard search?
Often yes — many lenders offer an eligibility or soft-search check that does not affect your score. Checking your own credit file is also a soft search.
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Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.