Wholesale and distribution is a working-capital business. You buy stock in bulk, hold it in a warehouse, then sell it on to trade customers who often pay on terms. The gap between paying your suppliers and collecting from your buyers is where cash gets tight. Credicorp lends to UK wholesale and distribution limited companies and LLPs for these business purposes.
Who we lend to
We lend to incorporated businesses only, never to individuals or sole traders. The borrowing is the company's, and we do not take personal guarantees from directors.
Where funding helps wholesalers
- Buying inventory in volume, sometimes to lock in a supplier discount
- Funding a large order from a key customer before they pay
- Building stock ahead of a seasonal surge in demand
- Bridging the lag between settling suppliers and collecting receivables
Product fit
Credicorp Flex suits the rolling nature of inventory purchasing, letting you draw against the facility as stock cycles through. Credicorp Slice provides a single amount for a defined purchase. The rate and term that apply are set out in your offer, not quoted in advance.
Important context
This is business lending outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS protections do not apply. Our team is happy to talk through how a facility maps onto your buying and selling cycle.
See also: Funding stock purchases ahead of a busy period, Funding for e-commerce businesses and Business lending in Glasgow.