Sheffield's reputation for engineering and advanced manufacturing makes it a natural place for business investment, and we fund incorporated companies across South Yorkshire. Credicorp lends to UK limited companies and LLPs for business purposes. We are the lender, not a broker, and we do not lend to individuals or sole traders.
Local sectors we see
The city is known for advanced manufacturing and materials, with the Advanced Manufacturing Research Centre anchoring a cluster of engineering firms. Alongside this sit two large universities, a growing digital and creative scene, and healthcare and professional services. Manufacturers in particular often need funding to buy materials or tooling ahead of fulfilling a large order.
How the products work
- Credicorp Flex provides a flexible facility a company can draw against as orders and costs move.
- Credicorp Slice funds a single, defined purchase or project over an agreed term.
The rate, any fees and the term always follow what is set out in your individual offer. We lend to the company, not its directors, so no personal guarantees are required.
Things to remember
Business-purpose lending to incorporated borrowers falls outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS protection do not apply. Our team can talk you through your offer beforehand.
See also: Business lending in Bradford, Business lending in Leeds and Business lending in Glasgow.