Transport and logistics is a high-cost, thin-margin sector where money goes out daily but comes in on terms. Fuel, driver wages, tolls, insurance and maintenance all land before a customer settles an invoice. Credicorp lends to UK transport and logistics limited companies and LLPs for these business purposes.
Eligibility
We lend to incorporated businesses only, not to individual owner-drivers operating as sole traders. The loan sits with the company, and directors are not asked to give personal guarantees.
Typical funding needs
- Smoothing fuel and wage costs while customer invoices are on terms
- Fleet maintenance, tyres and unexpected repairs that cannot wait
- Taking on a new contract that needs extra capacity from day one
- Bridging seasonal swings in freight volumes
Choosing a product
Credicorp Flex suits operators whose costs and revenue move unevenly through the month, letting you draw as needed. Credicorp Slice provides a single amount for a defined cost, such as a planned fleet outlay. The rate and term that apply are those in your offer.
Before you apply
This is business lending outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply. Our team can help you weigh a facility against your contract pipeline and payment terms.
See also: Funding equipment and plant costs, Funding payroll between customer payments and Funding for import and export companies.