Livingston is one of Scotland's largest towns and a significant commercial hub, with a strong base of technology, retail, and logistics businesses. UK limited companies and LLPs operating from Livingston or elsewhere in West Lothian are fully eligible to apply to Credicorp for short-term business finance.
Why do Livingston companies use Credicorp?
Businesses in Livingston often encounter short-term cash-flow gaps driven by the timing difference between purchasing goods or services and receiving payment from customers. This is particularly common in the logistics and technology services sectors where payment terms can extend to 30, 60, or 90 days. Credicorp's products are designed specifically to bridge these gaps without requiring directors to provide personal guarantees.
Product options
- Business Loan — a fixed sum over a short, fixed term. Best when the need is specific and the repayment schedule can be planned in advance.
- Credicorp Flex — a revolving credit facility. Draw up to your limit, repay it in full or in part, and draw again as needed. Well suited to businesses that face recurring but variable working-capital pressure.
- Credicorp Slice — splits one large bill into three or four weekly payments at a flat 6% fee. The simplest route when a single invoice is causing a temporary shortfall.
Applying from West Lothian
The full application and account-management process is online. Livingston companies do not need to travel to a financial centre or engage a broker. Once a decision is made and the facility agreement is signed electronically, funds are transferred directly to the company bank account.
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 in Falkirk, Business finance for Paisley and Renfrewshire companies.