Credicorp exists to fund UK limited companies and LLPs in a way that's clear, fair and genuinely useful to the business. A few principles guide how we work, and they shape decisions across the company.
Clarity over jargon
We try to explain things in plain language, from how Credicorp Flex and Credicorp Slice work to exactly what's in your offer. You should never feel you signed something you didn't understand.
Fairness in practice
- We assess companies on how they actually trade
- We don't take personal guarantees from directors
- We aim to support businesses that hit a rough patch rather than walk away
Responsibility
Lending well means thinking about whether funding is right for a business, not just whether we can provide it. We'd rather build lending relationships that last than push a deal that doesn't fit.
Honesty about what we are
We're a direct lender and an exempt business lender. That means we're upfront that the Financial Ombudsman Service and FSCS protection don't apply to these agreements, and we hold ourselves to our own standards instead. We'd rather you know exactly where you stand than discover it later.
See also: Is the decision fair and unbiased?, What kind of lender is Credicorp?, Does Credicorp lend to sole traders or individuals?.