Winning a contract larger than your usual work is good news that comes with a problem: the upfront cost. You may need to hire more labour, buy materials, take on plant or add capacity well before the first payment lands. For a growing limited company, that mobilisation phase is exactly where cash runs thin.
The growth squeeze
Bigger contracts often have longer payment cycles, more stages and more retention held back. Your costs scale up immediately while your income arrives later and in pieces. This is a common reason healthy, profitable companies seek funding.
How a facility supports the win
- Cover mobilisation costs before the first valuation or payment
- Buy materials and hire the labour the contract requires
- Keep your existing work running while the new job ramps up
Which product
Credicorp Flex suits a contract that draws costs in stages, because you take funds as each phase needs them. Credicorp Slice provides a single amount for a defined upfront cost. The rate and term are those set out in your offer.
Plan against the contract
Map the contract's payment schedule against its costs before you commit. Funding works best when you can see how and when the contract will repay it. We lend to UK limited companies and LLPs only, take no personal guarantees, and operate outside the FCA consumer regime, so FOS and FSCS do not apply.
See also: How can a retailer fund seasonal stock?, Funding the fit-out of a new business location, Funding payroll between customer payments.