Woking is a well-connected Surrey town with a growing commercial base, including engineering, software, financial services and a significant number of SMEs serving the wider South East. When a limited company needs to move quickly — bridging a payment gap, taking on a new contract or smoothing seasonal cashflow — Credicorp offers three products designed to help at company level.
The Credicorp product range
- Business Loan — a lump sum advanced for a short, fixed term. You know the amount, the cost and the repayment date from the start.
- Credicorp Flex — a revolving credit facility. Borrow up to your limit, repay, and access the funds again. Useful when your business has ongoing but variable short-term cash needs.
- Credicorp Slice — spread one specific bill over three or four weekly instalments at a flat 6% fee. Keeps a single large cost from disrupting broader cashflow.
Engineering and technical businesses
Woking has a notable engineering and technical sector. Companies supplying equipment or specialist services to larger clients often face extended payment terms. A Business Loan or Flex draw can cover the operational period between delivery and payment without tying up working capital for months.
How to apply
The process is entirely online. Credicorp reviews the trading history and financial position of your limited company or LLP. No personal guarantee is needed, no in-person meeting is required, and the assessment is done at company level.
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 Guildford, Business finance for limited companies in Slough.