2 min read
Why monthly wins
Monthly management accounts show trends early — a slipping margin, a growing debtor book, a cash pinch two months out. That lead time is what lets you act before a problem becomes a crisis.
The borrowing payoff
Up-to-date figures let you apply for finance quickly and answer an underwriter’s questions with confidence. They feed a realistic affordability view. See how to prepare for an application.
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
Are quarterly accounts enough?
For a very small, stable business, quarterly is a floor. Monthly gives you far more warning of cash-flow and margin issues and keeps you finance-ready.
Do lenders want management accounts?
Often yes, especially for recent trading beyond your last filed accounts. Keeping them current speeds up any application.
Related reading
What financial controls should a small company have?
Segregate who can spend from who reconciles, require dual authorisation for large payments, reconcile the…
Read →What is a cash flow forecast and why do lenders want one?
A cash flow forecast projects money in and out over coming months, showing whether you can cover costs and…
Read →
How do I build a financial buffer for my business?
Aim for one to three months of fixed costs in reserve, built by setting aside a fixed share of income and…
Read →
Do I need filed accounts or will management accounts do?
Lenders prefer filed accounts for the baseline but will often accept management accounts to show current…
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.