Yes. Mobile catering businesses — street food traders, festival caterers, mobile coffee operators — that are incorporated as UK limited companies or LLPs can borrow through Credicorp with no director personal guarantee. Whether you need to buy or repair a catering trailer, fund pitch fees for a summer events season, or replace a broken generator, the loan goes to the company rather than being secured on a director's personal assets.
What mobile caterers typically fund
- Purchase or conversion of a catering van, trailer, or horsebox unit
- Commercial kitchen equipment — griddles, espresso machines, cold-hold counters
- Upfront pitch, market, and festival booking fees ahead of the revenue season
- Generator purchase or upgrade to meet site power requirements
- Branding, signage, and awning investment before a peak trading period
Business Loan or Flex — which fits mobile catering?
A Business Loan suits a specific capital purchase with a known cost. You borrow a fixed sum and repay over a fixed short term — predictable and easy to set against expected summer revenue. Credicorp Flex is a revolving facility better suited to seasonal working-capital swings: draw in March to cover pitch deposits and ingredient pre-orders, repay through April to August as events income arrives, and redraw again for an autumn indoor-market run.
Using Credicorp Slice for event advance costs
Credicorp Slice splits one invoice — a large festival pitch fee or a lump-sum ingredient delivery — into three to four weekly instalments at a flat 6% fee. For a mobile caterer with a long gap between paying to attend an event and earning from it, this smooths the cash-flow timing without committing the whole working capital buffer.
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: Finance options for takeaway businesses trading as a limited company, How can a wedding venue limited company finance refurbishments and seasonal cash flow?