Construction is one of the sectors where cash flow and project timing rarely line up. You pay for labour, plant hire and materials long before a valuation is certified or a retention is released. Credicorp lends to UK limited companies and limited liability partnerships working in construction to bridge those gaps for genuine business purposes.
Who we can lend to
We lend only to incorporated businesses, never to individuals or sole traders. If you trade as a limited company or an LLP, you may be eligible. The borrowing sits with the company, and we do not take personal guarantees from directors.
What construction firms use funding for
- Buying materials ahead of a stage payment or certified valuation
- Covering payroll and subcontractor invoices between drawdowns
- Plant and equipment hire for a specific contract
- Mobilising a new project before the first payment lands
Our two products
Credicorp Flex gives you a facility you can draw against as project costs arise, which suits the stop-start rhythm of site work. Credicorp Slice provides a single amount for a defined cost. The rate and term that apply are the ones set out in your offer, not a figure we quote in advance.
Important to know
Because this is business lending outside the FCA consumer-credit regime, the Financial Ombudsman Service and FSCS do not apply. We still aim to be clear and fair, and our team can talk through whether a facility fits your project pipeline. Read more about lending to construction businesses.
See also: Funding for UK retail companies, Why we lend to companies, not sole traders, Funding for wholesale and distribution companies.