The South West is sometimes perceived as a remote market by lenders concentrated in London and the major northern cities, but Credicorp's fully online application process means location is no barrier. Limited companies in Exeter, Plymouth, Truro, Taunton, and across Devon and Cornwall can apply and receive a decision without leaving the county.
Challenges specific to South West businesses
Companies in the South West often face structural cashflow pressures that are less common in urban centres: longer supply chains, heavy seasonal revenue concentration in tourism and hospitality, and agricultural and food-production cycles that tie up capital for extended periods. Our company loans are flexible enough to accommodate these patterns, with repayment structures discussed at the point of application.
Tourism, hospitality, and seasonal businesses
A significant number of South West limited companies operate businesses with strong seasonal peaks — hotel groups, activity centres, farm diversification enterprises, and food and drink producers. A short-term company loan taken on in spring to fund staffing and stock for the summer season, with repayment structured over the following months, is a common and straightforward use case. Any repayment structure illustrated here is indicative, not a quote.
Farming and rural business companies
Agricultural businesses that trade through a limited company structure — including contract farming, rural property, and agri-tech companies — are eligible to apply. We look at the company's financial position; the rural nature of the business is not itself a factor in our assessment.
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 limited companies in Bristol, Business finance for limited companies in Cardiff and Wales.