Plenty of UK companies earn most of their income in a few busy months and far less in the quiet stretch, whether that is a hospitality business outside the summer, a retailer after the festive peak, or a contractor between projects. Fixed repayments do not always sit comfortably against that rhythm.
Plan around the dip before it arrives
The best time to deal with a seasonal squeeze is before you reach it. If you know which months are tight, tell us in advance. We can look at adjusting your schedule so payments lean towards your stronger months rather than your weakest ones.
- Talk to us when you take out or review your facility about your trading pattern.
- Flag an approaching quiet period rather than waiting for a payment to strain.
- Consider building a buffer during peak months for the leaner ones.
If a quiet period bites harder than expected
Sometimes the dip is deeper or longer than forecast. If that happens, the same difficulty options apply: a short pause, a reduced-payment period, or rescheduling the balance over your agreed term. We will explain any effect on your balance and the rate shown in your offer before agreeing anything.
Credicorp Flex in particular can suit businesses with uneven income because of how drawings work, but both products can be discussed. As we lend only to limited companies and LLPs for business purposes, these are commercial arrangements tailored to how your company actually trades.
See also: Warning signs your company may be heading for payment trouble, Why contacting us early about cash-flow pressure helps your company, Early warning signs your company may struggle to repay.