2 min read
The risk you take on
A personal loan or card used for the business is your debt, secured on your name and credit — if the venture struggles, you still owe it personally. That undoes the whole point of the limited-company liability shield.
The safer route
Borrowing through the company, without a personal guarantee, keeps a business risk with the business. Compare the true cost — business finance is often cheaper than personal credit for this purpose.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. A no-personal-guarantee company loan funds the business without turning a company risk into a personal one. See business loans or apply online.
Frequently asked questions
Should I put business costs on my personal credit card?
It shifts a business risk onto you personally. Company borrowing without a personal guarantee keeps the liability with the business, where it belongs.
Is a company loan cheaper than personal credit?
Often yes for business purposes, and it keeps the risk off your personal name. Compare the true cost before deciding.
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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.