Having repaid, you may find you need funds again. The good news is you don’t have to rebuild your relationship from zero — your history and settings are there to build on.
Your options
- If you kept a Flex facility open, simply request a new drawdown up to your headroom.
- If you settled and closed but kept your account, ask about a top-up or a new facility — your record supports a quicker assessment.
- If you closed the account entirely, you can re-apply; a clean past record is a positive signal.
What we look at
Any new borrowing is an affordability assessment first, not automatic. A clean repayment history helps, but the question is always whether the new borrowing is comfortably serviceable now. Keeping borrowing proportionate to turnover is the healthiest way to come back for more.
Credicorp lends to UK limited companies and LLPs, not to individuals. The agreement is with the company and carries no director personal guarantee. Because this is business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or the FSCS — our own complaints process is the route if something goes wrong.
See also: Top-up eligibility: when can you borrow again?, How to request a facility limit review, What happens to my account when I repay in full.