For the majority of applications you will not need a lengthy pack of paperwork. Credicorp uses Open Banking and Companies House data to do most of the heavy lifting, but having certain documents ready will prevent delays.
Core documents for all applications
- Your Companies House registration number and registered address
- The most recent 3–6 months of business bank statements (or an Open Banking connection, which replaces these)
- Your latest filed accounts or management accounts if the filed accounts are more than 12 months old
- Details of the director(s) authorised to sign on behalf of the company
When we might ask for more
For larger facilities, or where trading history is short, we may also request:
- A brief note on the purpose of the finance (useful for Credicorp Flex drawdown requests)
- A copy of the bill or invoice you are spreading (required for Credicorp Slice applications)
- VAT returns or management accounts for the current trading year
What you do not need
Because this is company lending with no director personal guarantee, we do not ask for personal tax returns, personal bank statements, or proof of personal assets. We assess the company, not the individual behind it.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: How long does a business loan application take?, Applying with Open Banking — what to expect.