You do not need a polished business plan to talk to us about payment difficulty, but a little preparation helps the conversation go further in less time. The more clearly you can describe your company's position, the better we can match an arrangement to it.
Useful things to gather
- Your loan or account reference so we can find you quickly.
- A rough picture of money coming in and going out over the next few weeks.
- What has changed, for example a late-paying customer, a lost contract, or a seasonal dip.
- Whether the difficulty looks short-term or likely to continue.
- What you think your company could realistically pay in the meantime.
Why this helps
When we understand cause, expected duration and affordability, we can suggest a plan that actually holds rather than one that simply delays the pressure. It also means fewer follow-up calls and a faster decision. If you are not sure of exact figures, estimates are fine; honest approximations are far more useful than waiting until you have perfect numbers.
Whatever you share is used to support you, not to catch you out. Credicorp lends to limited companies and LLPs for business purposes, so these are commercial conversations, but they are meant to be straightforward and constructive. Contact us through your account or the details on your agreement whenever you are ready.
See also: How to prepare before you call us about payment trouble, My company's cash flow is tight this month — what should I do? and What information should I have ready before I start?.