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How structure shapes lending
Sole traders and general partnerships carry personal liability for business debts; LLPs and limited companies limit it. Lenders also assess each structure differently, weighing personal and business finances to varying degrees.
Why a company plus no-PG is cleanest
A limited company borrowing with no personal guarantee keeps the debt entirely with the business, protecting your personal assets. That is the model Credicorp is built on.
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
Which structure is best for borrowing?
A limited company gives the clearest separation of personal and business finances, especially when borrowing with no personal guarantee. It ring-fences your personal assets.
Do I have to change structure to borrow well?
Not necessarily, but incorporating can unlock company lending and limited liability. Weigh the benefits against the admin with your accountant.
Related reading
Can a sole trader get a business loan?
Yes, sole traders can access business finance, though the assessment and liability differ from company…
Read →Can a partnership get a business loan?
Yes, partnerships can borrow, but partners are typically personally liable for the debt, which differs from…
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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 →
Does an ongoing dispute with HMRC affect borrowing?
An open HMRC dispute is a consideration, not an automatic block — lenders want to understand the size and…
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.