Software-as-a-service businesses have an unusual money shape: the cost of winning a customer is paid up front, but the revenue trickles in monthly or annually over the life of the subscription. That payback delay is the central tension in SaaS finance. Credicorp lends to software companies that are UK limited companies or LLPs, for business purposes.
Bridging the payback period
Healthy retention and recurring revenue make SaaS attractive, but growth consumes cash because you are constantly funding acquisition ahead of recognised revenue. Borrowing can extend your runway without diluting ownership.
- Funding sales and marketing to accelerate customer acquisition
- Bridging the gap between monthly billing and annual contract value
- Hiring engineering or customer-success staff ahead of revenue
- Investing in infrastructure, security accreditation or compliance work
How we lend
Credicorp Flex suits the variable, growth-driven cash flow typical of SaaS, while Credicorp Slice offers a structured alternative. Your account team can help you decide which fits your stage and burn profile.
The loan is to the company or LLP, with no personal guarantees from founders or directors. Your rate and term are those 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 payroll between customer payments, Funding for architecture and engineering firms and Funding for e-commerce businesses.