Across construction, trades, manufacturing and wholesale, one need comes up again and again: you have to buy materials or stock before the revenue they generate arrives. Sometimes that is to fulfil a confirmed order, sometimes to secure a better price by buying in volume. Either way it ties up cash. Credicorp lends to incorporated businesses to fund these purchases.
Why bulk buying creates pressure
Suppliers often want payment up front or on short terms, while your own customers pay on longer terms. The bigger the order, the wider that gap. Funding lets you place the purchase without draining the cash you need for payroll and day-to-day running.
How the products apply
- Credicorp Flex lets you draw against a facility as materials orders come up, useful when buying is frequent and irregular
- Credicorp Slice provides a single amount for one defined purchase
- The rate and term are those set out in your offer
Buy with the order in view
The strongest reason to finance a purchase is a confirmed order or clear demand behind it. Funding stock that may not sell quickly carries more risk, because the cost of the facility runs while the stock sits.
Eligibility and protections
We lend to UK limited companies and LLPs only, never to sole traders or individuals, and we take no personal guarantees from directors. This is business lending outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply.
See also: Funding stock purchases ahead of a busy period, Funding equipment and plant costs and Funding for UK manufacturing companies.