2 min read
Fixed for the known
A fixed loan gives a lump sum and a clear repayment plan — ideal for a defined cost like equipment or a project, where you know exactly how much and what for.
Flexible for the variable
A revolving facility lets you draw, repay and reuse, paying only on what you draw — ideal for cash flow that comes and goes. If the need recurs, a facility usually fits better.
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
Which is cheaper, a loan or a facility?
It depends on use. A loan charges interest on the full sum; a facility charges only on the drawn balance. For steady one-off needs a loan is simple; for on-off needs a facility saves cost.
Can I have both?
Yes, subject to affordability. A loan for planned investment plus a facility for flexibility is a common, resilient setup.
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Should I borrow a fixed amount or use a facility?
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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.