Yes. Credicorp is entirely digital — there are no branch appointments, no face-to-face assessments, and no requirement to travel. A Redditch limited company or LLP can complete the entire application online and, once approved, receive funds directly into the company's bank account.
Why Redditch businesses choose online commercial finance
Redditch has a strong manufacturing and engineering base, alongside growing professional and logistics sectors. Directors in these industries often find that traditional bank lending moves too slowly for the pace of commercial decisions — a supplier price only holds for a few days, a contract window closes, or a piece of equipment becomes available at short notice. Credicorp's online process is designed to work at business speed.
Which product fits which situation?
- Business Loan — a fixed sum for a defined short-term need. You know the cost, the repayment schedule, and the total before you sign.
- Credicorp Flex — a revolving facility with a standing limit. Useful when the company's cash needs are recurring or unpredictable in timing — draw, repay, draw again.
- Credicorp Slice — if a single large invoice or payment is the problem, Slice spreads it over three or four weekly instalments at a flat 6% fee with no application needed beyond the initial Slice setup.
Is there a personal guarantee?
No. All Credicorp products lend to the company, not to individual directors. This keeps the company's borrowing entirely separate from the personal finances of those who run it — a meaningful distinction for any Redditch business owner who wants to protect their personal position while still accessing the working capital the company needs.
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 loans for Nuneaton limited companies, Business loans for Worcester limited companies, How does the Credicorp Business Loan work?