2 min read
Records are the evidence
An application rests on bank statements, accounts and management accounts. If your books are behind or chaotic, the lender cannot verify your cash flow and prices in the uncertainty — or declines.
What to keep current
Reconcile the bank regularly, code transactions promptly, chase invoices, and keep VAT and tax records tidy. Modern software makes this routine, and it pays back directly in cheaper, faster finance.
What it means for you
Tidy books are a borrowing asset. Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
Can messy books cost me a loan?
Yes. If a lender cannot see reliable cash flow, it prices in the uncertainty or declines. Clean, current records let the true strength of the business come through.
What records matter most?
Reconciled bank statements, current management accounts, and tidy VAT and tax records. Together they evidence the cash flow a lender lends against.
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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.