A fit-out or refurbishment is one of the larger lumps of spending a retail, hospitality, or leisure company faces. Shelving, lighting, flooring, signage, kitchen kit, or a full rebrand all cost money before the improved space earns anything back. Credicorp lends to UK limited companies and LLPs to spread that cost over a term that matches the payback.
Why a refit suits funding
The benefit of a refit — more covers, better flow, higher spend per customer — arrives gradually. Paying for it in one hit can strip your working capital just when you need to trade your way into the new space. Funding lets the improvement and the repayment run alongside each other.
What it can cover
- Builders, fitters, and trade contractors
- Fixtures, fittings, and display equipment
- Commercial kitchen or bar installation
- Branding, signage, and external works
Choosing a term
We try to set a term that reflects how long the improvement should keep earning. The rate and term appear in your offer; please read them before you accept.
The lending basics
The agreement is with your company, with no personal guarantee from directors. 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 equipment for a café, kitchen, or bar, Funding a refit or refurbishment of your premises, How can a retailer fund seasonal stock?.