Applying

What are the steps in the application journey?

The Credicorp application is designed to be straightforward. Here is the journey from start to decision so you know what each stage involves and where you might be asked to do something.

1. Tell us about your company

You enter your company details and we match them against Companies House. You also tell us the amount you have in mind and what the finance is for.

2. Choose your product

Based on what you need, you continue with Credicorp Flex or Credicorp Slice. We explain the difference so you can pick the one that fits.

3. Verify your business finances

You connect your business bank account by Open Banking, or upload statements if you prefer. This helps us understand your trading picture.

4. Review your offer

If we can lend, we present an offer showing the rate, term and repayments. The figures are specific to your business. Nothing is committed until you accept.

5. Accept and set up

When you are happy, you confirm and we arrange the funds. Because the loan is to the company, no director personal guarantee is taken.

This is business finance outside the consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply. We make this clear before you accept.

See also: What information should I have ready before I start?, Can I withdraw my application before a decision?, Our structure changed — does that affect our application?.

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