There is a practical lower end to short-term lending, and the headline minimum is kept on our main product page so it is always current. More useful than the exact floor is the principle: borrow only what the need requires, because a smaller, well-judged loan is easier to afford and to repay.
Where the number lives
The smallest and largest amounts, and the term range, sit on one authoritative page — Business Loans — so the figures are never stale. The bigger-picture version is in how much your business can borrow, and for how long.
You never have to take the maximum, and a modest amount matched to a real need reads well and repays comfortably — does applying for a larger amount make a decline more likely. Affordability, not ambition, should set the figure — what does assessing affordability mean.
Work out your figure
Use the repayment calculator at Credicorp Tools to see what a given amount costs, then apply for what genuinely fits the purpose — what counts as a business purpose.
Apply for the amount your need actually calls for.
We lend only to UK limited companies and LLPs, the loan is to the company with no director personal guarantee, and this is business finance outside the consumer-credit regime — as an exempt lender under Article 60B of the Regulated Activities Order we sit outside FCA consumer-credit regulation, so the Financial Ombudsman Service and FSCS do not apply.
See also: How much your business can borrow, and for how long?, Does applying for a larger amount make me more likely to be declined?, What counts as a business purpose?.