2 min read
Why one bad month happens
Late payments cluster — a slow month at several customers lands on you at once. The money is owed and coming; the problem is that your own bills don't wait for it.
Bridge the gap
A short working-capital facility covers the shortfall so payroll and suppliers are paid on time. Invoice finance can smooth this permanently by releasing cash as you invoice.
Stop it recurring
Tighten credit control — clear terms, prompt reminders, late-payment interest where due. Our how-to on chasing overdue invoices sets out a simple, firm process.
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
How do I stop customers paying late?
Set clear terms, invoice promptly, chase on a fixed schedule and charge statutory late-payment interest where it applies. Firm, consistent credit control shifts payment behaviour over time.
Is invoice finance a fix for chronic late payment?
It's a strong one — invoice finance releases most of each invoice's value when you raise it, so your cash flow no longer depends on when customers choose to pay.
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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.