2 min read
How Credicorp lends
Credicorp lends to the company and assesses the company — its cash flow, trading and record. There is no personal guarantee, so if the business hits trouble, the recourse is to the business, not to you.
Why it matters
It means a business setback stays a business problem, not a personal one. Read no personal guarantee loans for the full picture.
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
Does Credicorp ever ask for a personal guarantee?
No. Credicorp lends to UK limited companies with no personal guarantee. The company is the borrower and your personal assets stay out of it.
How can Credicorp lend without a guarantee?
By assessing the company carefully on its cash flow, trading and record. Clean records and comfortable affordability carry the decision instead of a personal guarantee.
Related reading
Does a business loan need a personal guarantee?
It depends on the lender — many require a personal guarantee, but not all do. A personal guarantee makes you…
Read →
Am I personally liable for a company loan?
Generally no — limited liability means the company, not you personally, owes the debt, unless you have signed…
Read →
Is a cheaper rate always a better loan?
No — the lowest rate is not automatically the best loan. Fees, whether a personal guarantee is required, the…
Read →
Can a lender register a charge without a personal guarantee?
Yes — a charge secures the loan against company assets, while a personal guarantee secures it against you…
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.