Architecture and engineering practices bill against design stages and project milestones, which means cash can lag months behind the work that produced it. Planning delays, client approvals and phased construction all stretch the gap. Credicorp lends to these practices where they are UK limited companies or LLPs, for business purposes.
Cash flow across project stages
A practice can be fully booked and still cash-constrained if several projects sit between stages or await client sign-off. Borrowing can cover the working-capital trough so the practice keeps delivering and keeps its team intact.
- Bridging stage-payment and milestone billing on live projects
- Funding the team during planning or approval delays
- Investing in BIM, CAD or environmental-modelling software and hardware
- Supporting pursuit costs on competitions and large tenders
What we offer
Credicorp Flex and Credicorp Slice are both available to eligible firms. Flex suits practices with uneven, project-driven cash; Slice suits those wanting a more defined repayment shape. Your account team can talk through which fits.
The loan is to the company or LLP, with no personal guarantees from principals. Your rate and term are set out in your offer. As an exempt business lender outside the FCA consumer-credit regime, Credicorp is not covered by the Financial Ombudsman Service or FSCS.
See also: Funding for law firms and legal practices, Funding for management and IT consultancies and Funding for dental practices.