Manufacturing ties up cash at every stage. You buy raw materials, convert them through a production run, hold work in progress, then carry finished stock until it ships and is paid for. Credicorp lends to UK manufacturing limited companies and LLPs to help fund that cycle for genuine business purposes.
Who qualifies
We lend to incorporated businesses only. Sole traders and individuals are not eligible. The borrowing is the company's, and we take no personal guarantees from directors.
Where funding tends to help
- Buying raw materials in volume, sometimes to secure a better supplier price
- Funding a large production run against a confirmed customer order
- Bridging the gap between paying suppliers and being paid by customers
- Building stock ahead of a seasonal peak
Matching the product to the cycle
Credicorp Flex works well for manufacturers whose costs come in waves across production runs, because you draw as you need. Credicorp Slice suits a defined cost such as a single bulk materials order. The rate and term are those set out in your offer, never a figure we publish in advance.
The protections point
Because this sits outside the FCA consumer-credit regime, neither the Financial Ombudsman Service nor FSCS applies. We still hold ourselves to clear, fair dealing, and our team can help you think through how a facility maps onto your order book.
See also: Financing materials and stock purchases, Business lending in Bradford and Funding for print and signage companies.