When the company applies for further finance — from us or another lender — a clean statement history on an existing facility is evidence you can lean on. It shows the business borrows responsibly and pays on time.
What it demonstrates
A run of on-time payments and a well-managed balance shows a lender the company services its debt reliably, which is exactly what they want to see. See what your payment history tells you and will a late payment affect future borrowing.
Providing it
Offer a recent statement, or the payment history, alongside your application. See getting a statement quickly for a lender and proving your loan balance.
The bigger picture
How a company's overall credit position is assessed is covered in our decisions guidance — see business credit reference agencies explained. A settled facility's closing statement is also worth keeping as proof of a completed borrowing. See what to keep when you close a facility.
Credicorp lends to companies rather than to you personally, so this is business finance outside the consumer-credit regime. That does not change the practical steps below.
See also: What your payment history tells you, Will a late payment affect future borrowing?, Getting a statement quickly for a lender.