Yes. If your off-licence trades as a UK limited company or LLP, Credicorp Flex gives the business a revolving credit facility — draw funds to pay a supplier, repay when takings clear, then draw again. There is no director personal guarantee at any point.
Why revolving credit suits off-licence retail
Off-licence margins are tight and stock costs arrive ahead of sales. A revolving facility means you are not applying for a new loan each time a buying opportunity arises — you draw against an existing limit and repay as the cash comes in. This is especially useful around key trading windows such as Christmas, bank holidays, or local events when you need to increase stock depth at short notice.
Other Credicorp options for off-licences
- Business Loan: a fixed sum for a one-off investment — a new chiller run, CCTV upgrade, or premises improvement.
- Credicorp Slice: spread a single large supplier invoice over three to four weekly instalments at a flat 6% fee, keeping the majority of your working capital free.
What the company needs to apply
Credicorp lends to UK limited companies and LLPs. You will need to demonstrate the company's trading history and financial position. The assessment focuses on the business, not on a director's personal credit profile — because no personal guarantee is taken. Applications are straightforward and decisions are returned promptly.
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 a convenience store get a business loan with no personal guarantee?, Finance options for takeaway businesses trading as a limited company