A common question from new borrowers is where Credicorp gets the money it lends. Understanding the funding model helps you assess the lender you are working with.
Balance-sheet lending
Credicorp is a balance-sheet lender — it lends its own capital rather than acting as a marketplace or broker matching you with third-party investors. When you borrow from Credicorp, the money comes from Credicorp's own balance sheet, not from a pool of retail or institutional investors.
The role of CM Beyer Limited
Credicorp Limited is owned by CM Beyer Limited. CM Beyer provides equity capital support to Credicorp's lending operations, enabling Credicorp to maintain and grow its loan book. This group structure means Credicorp's lending is backed by a stable, owner-managed capital base rather than relying on variable external funding.
What this means for borrowers
Lending from a balance-sheet lender backed by group capital has a few practical implications:
- Consistency: Credicorp's lending appetite is not subject to the fluctuations of capital markets or investor sentiment in the way that marketplace platforms can be.
- Speed: Decisions are made internally without reference to external panels or investor matching — which contributes to faster decisioning.
- Relationship: When you have a difficulty or need flexibility, you deal with Credicorp directly — there are no third-party investors whose interests sit between you and the lender.
Is Credicorp lending group capital back to group companies?
No. Credicorp lends exclusively to external UK limited companies and LLPs — businesses that are independent of the CM Beyer group. Credicorp does not lend to group-connected companies or use its loan book to fund related-party transactions. Our lending is entirely arms-length and commercially driven.
See also: How Credicorp funds its lending, Who is CM Beyer and what does the group do?, How Credicorp makes lending decisions.