2 min read
Why it's risky
Stacking means several lenders taking repayments at once, often at high short-term rates. The combined outflow can exceed what the business can bear, and each new facility makes the next lender warier — so eligibility falls just as you need it. Cross-default clauses can also link the facilities so one problem trips them all.
What to do instead
If you already carry a stack, consider consolidating into one facility with a single, manageable payment — model it with the debt-consolidation calculator. When you next need funds, size one facility to the real need rather than adding another small loan. A revolving facility you draw and repay flexibly can replace several ad-hoc loans entirely.
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
Why do lenders dislike loan stacking?
Because multiple simultaneous facilities raise the risk of default and show up on bank statements and credit files. It signals cash-flow strain, so each additional lender prices in more risk or declines.
Is consolidating a stack of loans a good idea?
Often yes, if it lowers the total cost or the monthly outflow. The goal is one affordable payment and a clear end date instead of several overlapping ones. Compare the total repayable before and after.
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