Some of the most important supplier relationships require money upfront — a deposit to reserve a manufacturing slot, secure raw materials at a fixed price, or hold capacity during a busy period. If your customers pay you in arrears, that deposit can fall awkwardly between obligations. A Credicorp facility can fund it so you don't lose the order.
Why a deposit can be hard to find
- It is due before any revenue from the order has arrived.
- Missing the deadline can mean losing the slot or the price.
- Larger orders often come with larger deposits and tighter windows.
How it works
You apply as a limited company or LLP for the business purpose of funding the order. If we make an offer, you draw the deposit amount and place it with your supplier, then repay over the term and rate in your offer document as the order completes and your customer pays.
Worth knowing
The loan sits with the company; we take no personal guarantee from directors. Credicorp is an exempt business lender outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply. Make sure the order's expected margin supports both the deposit and the cost of funding.
See also: Can I use a Credicorp loan to buy stock ahead of a busy season?, Funding raw materials to fulfil a large order and Marketplace payout delays and how funding bridges them.