A Taunton limited company or LLP has access to three distinct Credicorp products depending on whether you need a fixed lump sum, a standing credit line, or a way to split a specific bill.
Finance options available to Taunton companies
- Business Loan — a set amount disbursed once and repaid over a short, agreed term. Useful for a defined purchase: machinery for a food-and-drink producer, a vehicle for a Somerset logistics firm, or a shopfit on North Street.
- Credicorp Flex — a revolving credit facility with an approved limit. Draw funds when you need them, repay when cash allows, and redraw without reapplying. Well suited to seasonal or project-driven businesses common in rural Somerset.
- Credicorp Slice — spreads one business bill over three or four equal weekly instalments at a flat 6% fee. No interest compounds; the cost is fixed from the start.
Does Credicorp lend to Somerset-based companies?
Credicorp lends to any UK limited company or LLP regardless of where it is registered or operating in England, Scotland, Wales, or Northern Ireland. A Taunton address has no disadvantage over a London one in the underwriting process.
What does Credicorp NOT offer?
Credicorp does not lend to sole traders, partnerships without LLP status, or individuals. All products are strictly business-to-business facilities for incorporated entities.
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 Yeovil companies and LLPs, Revolving credit for Weston-super-Mare companies, How Credicorp Slice spreads a bill weekly