Credicorp provides short-term business finance to UK limited companies and LLPs, including those based in and around Huddersfield. Applications are assessed on the company's financial profile — directors are not asked to provide a personal guarantee.
Business Loan or Flex — which fits a Huddersfield company?
A Business Loan is a one-time fixed advance repaid over a short, defined term. It suits companies with a specific, bounded cost — machinery, a new vehicle, or a project that has a clear start and end. Credicorp Flex is a revolving credit facility: borrow up to your limit, pay it back, borrow again. For a West Yorkshire textile company, an engineering subcontractor, or any business where orders create irregular cash demands, Flex provides usable headroom without the need to reapply each time. For a single bill, Credicorp Slice spreads it across three or four weekly payments at a flat 6% fee.
Applying as a Huddersfield company
The application is entirely online. You will need your company number, bank statements covering recent months, and accounts or management figures. If your trading is seasonal — common in manufacturing and textiles — it is worth including a short explanation alongside your figures so our credit team has the full picture.
Is a personal credit check required?
Our primary assessment is of the company. While we may verify director identity for anti-money-laundering purposes, we do not rely on a director's personal credit history as the main credit factor. The decision is about the business, not the individual behind it.
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: Business finance for Halifax limited companies, Business finance for Wakefield limited companies.