Yes — if your convenience store trades as a UK limited company or LLP, Credicorp can lend directly to the company with no personal guarantee from you as a director. Whether you need to restock quickly, invest in a new chiller cabinet, or cover a cash-flow gap ahead of a busy period, our products are designed for exactly this kind of short-cycle retail need.
Which Credicorp product suits a convenience store?
A Business Loan gives you a fixed sum over a fixed short term — useful for a defined purchase such as new refrigeration, a card-payment upgrade, or a shopfit. Credicorp Flex is a revolving credit facility: draw what you need, repay it, and redraw again up to your limit, which suits the unpredictable buying patterns of a convenience retailer. Credicorp Slice spreads a single trade invoice or supplier bill across three to four weekly instalments at a flat 6% fee — handy for a large stock order you want to pay off quickly.
Typical uses in a convenience store
- Restocking after a seasonal surge or supplier discount window
- Replacing a broken freezer or EPOS system before peak hours
- Covering the gap between paying a wholesaler and receiving card-settlement funds
- Funding a store refresh or extended opening hours staffing
How quickly can funding reach the business account?
Once your application is assessed and approved, funds are transferred to the company bank account. Turnaround is typically fast — convenience retail often cannot wait weeks, and our process reflects that. You will receive a clear fixed repayment schedule before you commit.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Can an off-licence limited company access a revolving credit facility?, Business loans for pet shops — what are my options as a limited company?