Your statement of account — sometimes called a statement of borrowing — is the official record of your loan with Credicorp. You can view or download it from your portal at any time. This article explains what each part means so it is easy to read at a glance.
The header
At the top you will see the issue date, the loan reference number, and the two parties: Credicorp Limited as lender and your company as borrower, with your Companies House number and the signing director. This is what makes the statement a true record you can rely on or share with your accountant.
The totals
| Line | What it tells you |
|---|---|
| Drawdown date | The day the money was advanced to your business account. |
| Principal advanced | The amount you borrowed, before any interest or fees. |
| Total repayable under contract | The full amount due over the term if you run the loan to its end date. |
| Repaid to date | Everything you have paid so far. |
| Outstanding balance | What is left to clear if you keep to the schedule. |
| Status | Where the loan is up to — for example active, in arrears, or settled. |
The repayment schedule
Below the totals is the schedule: each instalment with its number, due date, amount, and whether it is paid or still due. This is the same schedule you agreed at signing, so you can always check what is coming and when.
The outstanding balance assumes you keep to the schedule to the end. If you want to clear the loan today, ask for a settlement figure instead — it can be lower, because settling early stops the remaining daily interest.
If anything on your statement does not look right, please contact us and we will check it. For how long we keep these records, see how long we keep your records. This statement reflects an agreement with a body corporate, which is outside FCA consumer-credit regulation under Articles 60B and 60L of the FSMA Regulated Activities Order 2001, so it is not a regulated credit agreement and is not covered by the Financial Ombudsman Service or the FSCS.
See also: Can I get a statement for a custom date range?, Can I get my loan documents in large print or another format?, How do I find an old statement in my history?.