Making food and drink at scale ties up money long before a single unit is sold. Ingredients, packaging, production runs, and ageing or maturing stock all need funding up front. Credicorp lends to UK limited companies and LLPs that produce food and drink for genuine business purposes.
The producer's cash-flow challenge
A producer often buys raw materials in bulk, runs a batch, then waits weeks or months for it to ship, sell through retail or wholesale, and get paid on trade terms. Brewers, distillers, and ambient-product makers may also hold maturing stock that earns nothing until it's ready.
What funding supports
- Buying ingredients and packaging in cost-effective volumes
- Funding a larger production run for a new listing
- Bridging wholesale and retail payment terms
- Investing in plant, machinery, or capacity
How we assess producers
We look at your production cycle, order book, and trading history. The rate and term are set out in your offer and reflect your own profile.
The basics
The facility is to 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 and plant costs, Business lending in Bradford and Business lending in Sheffield.