2 min read
The timing problem
A new hire draws salary from day one but often takes weeks or months to become fully productive. That lag creates a temporary cash gap even when the hire is clearly worthwhile.
Funding the ramp-up
A short working-capital facility covers the wage bill during the ramp-up, repaid as the additional output turns into revenue. Weigh the finance cost against how quickly the role pays back. See borrowing to grow.
What it means for you
Bridge the ramp-up so a good hire is not delayed. Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
Is it sensible to borrow to hire?
When the role has a clear, reasonably quick payback and the finance is affordable, yes — it bridges the gap between paying the wage and earning the return. For speculative hires, be cautious.
How do I know if a hire will pay off?
Estimate the revenue or capacity the role adds and how soon, then compare it against the fully loaded cost including any finance. A clear, timely payback is the green light.
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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.