Credicorp lends to UK limited companies and LLPs throughout Northern Ireland, including Londonderry (also known as Derry). The city's growing professional services, creative industries, and technology sectors are among the types of businesses that can benefit from Credicorp's short-term finance products.
Available products for Londonderry companies
- Business Loan — a fixed lump sum repaid over a short, defined term. Useful for a specific investment or planned expenditure where you want predictable outgoings.
- Credicorp Flex — a revolving credit facility with a pre-agreed limit. Draw funds when cash flow dips, repay when it recovers, and draw again as needed. Practical for businesses with irregular income or cyclical trading patterns.
- Credicorp Slice — spreads a single large bill across three or four weekly instalments at a flat 6% fee. A contained, transparent option when one specific payment is creating short-term pressure.
Does being in Northern Ireland change anything?
For Credicorp's purposes, Northern Ireland is part of the UK and Northern Irish limited companies incorporated at Companies House are eligible on the same basis as companies elsewhere in the UK. There are no additional requirements, and the application process is identical regardless of where in Northern Ireland your company is based.
Online application, no office visit needed
Credicorp operates entirely online. Directors of Londonderry companies can complete the application, receive a decision, and sign documents electronically without travel. Approved funds are transferred to the company's nominated UK bank account promptly after execution of the facility agreement.
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 Belfast limited companies, Business finance for Bangor (North Wales) companies.