Rotherham-based limited companies and LLPs can apply to Credicorp for short-term business finance entirely online. The credit decision is made against your company's profile, and no director personal guarantee is needed.
Short-term loan vs revolving facility — which suits Rotherham manufacturers and traders?
A Business Loan is well suited to a defined, one-off cost: tooling, a delivery fleet addition, or a fit-out project. You borrow a fixed sum and repay it over a fixed short term. Credicorp Flex suits businesses where cash needs fluctuate — a steel stockholder managing variable order sizes, for instance. You draw what you need, repay it, and the limit stays available to redraw. Credicorp Slice is simpler still: it splits a single known bill into three or four weekly payments at a flat 6% fee, useful for supplier invoices or a one-off service charge.
Does Credicorp work with newer Rotherham companies?
We consider companies at different stages of trading, though a meaningful trading history helps. If your company is early-stage, include management accounts and a clear picture of contracted revenue when you apply. Our application is online and does not require an in-person meeting or branch visit.
What is not covered?
Credicorp does not lend to sole traders or to individuals in a personal capacity. If your business is not incorporated as a limited company or LLP, you are not eligible. We also do not offer consumer credit products.
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 Barnsley limited companies, Business finance for Wakefield limited companies.