I have personal credit problems — can my

Q: Can my company borrow if I have bad personal credit?

Often yes. Because Creditcorp lends to the company with no personal guarantee, the business is assessed on its own trading and cash flow — not primarily on the director's personal record.

2 min read

Company borrowsNot you

No personal guaranteeYour record apart

Business standsOn its own figures

Company and director are separate

A limited company is a separate legal person. When a lender assesses the company's own trading and cash flow, the director's personal credit is far less central than many owners fear.

Why no personal guarantee matters

Credicorp lends to the company with no personal guarantee, so the business is judged on its own figures. A director's personal difficulties don't automatically stop a sound company borrowing.

Show the business is strong

Bring figures that evidence a healthy, trading company. See borrowing if a director has personal debt problems for how this is assessed.

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 when the numbers work.

Frequently asked questions

Can my company borrow if I have bad personal credit?

Often yes. Because Credicorp lends to the company with no personal guarantee, the business is assessed on its own trading and cash flow — not primarily on the director's personal record.

Does a director's personal credit affect company lending?

Far less than many expect when there's no personal guarantee. A healthy, trading company stands on its own figures, so a director's personal difficulties needn't stop it borrowing.