If an offer came in below what the job needed, you are not stuck with a gap. Depending on your position you can seek more — a further facility, or a reusable Flex limit — but the same affordability test applies to the total, so more is possible only if the business can carry it.
Why the first offer may be smaller
We lend up to what the company can comfortably afford, which may be less than you hoped — how much your business can borrow, and for how long. That is a feature, not a snub: it keeps repayments manageable. Asking for more than the headroom supports is the commonest reason a request is trimmed or declined.
A second loan while repaying the first, a top-up, or moving to a Flex limit — each is assessed on the combined position.
Build headroom, then return
A clean on-time record on the first loan genuinely helps a later request — what strengthens an application. Model the combined repayments at Credicorp Tools so the total stays comfortable — what does assessing affordability mean.
When the numbers work, apply for more.
We lend only to UK limited companies and LLPs, the loan is to the company with no director personal guarantee, and this is business finance outside the consumer-credit regime — as an exempt lender under Article 60B of the Regulated Activities Order we sit outside FCA consumer-credit regulation, so the Financial Ombudsman Service and FSCS do not apply.
See also: Applying for a second loan while repaying the first, Can I apply for a top-up on an existing loan rather than a new one?, How much your business can borrow, and for how long?.