The amount in any offer to your limited company or LLP reflects what our assessment found sustainable at the time, not simply what you requested. That is why offers can differ from your ask and change over time.
Why it can be lower than requested
If the figures suggest the full amount would stretch the business, we may offer a smaller amount that fits comfortably. A smaller offer is a responsible outcome, not a rejection.
Why it can change between applications
- Trading has strengthened or weakened since you last applied
- Existing commitments have grown or reduced
- Your repayment track record with us has built up confidence
- The product or term you chose differs from before
How to think about it
Treat the offered amount as a reflection of current capacity. Consistent, on-time repayment is the most reliable way to support a larger amount in future.
Credicorp is an exempt business lender. The Financial Ombudsman Service and FSCS do not apply to this borrowing.
See also: Understanding a decline, What an affordability assessment looks at for a company, How on-time repayment grows your available amount.