What you can use a loan for

Funding the costs of delivering a large customer order

Winning a large order is the goal, but delivering it can stretch cash hard. You may need to buy materials, pay extra labour and absorb overheads for weeks before the customer settles the invoice. That working-capital gap can make a profitable order feel financially uncomfortable. A Credicorp facility can fund delivery so a UK limited company or LLP can take on bigger work with confidence.

Costs a delivery facility can cover

  • Materials and stock specific to the order.
  • Additional labour or subcontractor costs.
  • Overheads carried until the customer pays.

How it works

You apply as a company for the business purpose of fulfilling the order. If we make an offer, you draw the funds, deliver the work, and repay over the term and at the rate shown in your offer document once your customer pays.

Check the order stands on its own

Make sure the order's margin comfortably covers both delivery costs and the funding. Watch the customer's payment terms — a long settlement period needs a matching repayment plan. The loan is to the company, with no director personal guarantee. Credicorp is an exempt business lender outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply.

See also: Funding raw materials to fulfil a large order, Can finance help my company take on a large new order? and Funding a quarterly rent or business rates bill.

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