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Plain-English guides to business finance.
A reference library for directors of UK limited companies, LLPs and PLCs. Some guides explain the products Credicorp Limited lends; others explain finance types Credicorp does not offer, so you can compare options on even ground. Nothing here is a sales pitch — and nothing here is an application. Active services live at credicorp.co.uk.
How to use this library
The guides fall into three groups. Start with the product explainers if you already have Credicorp in mind, the comparison guides if you are weighing one finance type against another, and the cost guides when you want to understand what borrowing actually costs.
Each guide is written for the director who reads the agreement before signing it. We use British English, we avoid jargon where plain words will do, and we are clear throughout that the company borrows, not the director. Where a calculator helps, we link to one. Where the operator's own page goes deeper, we link to that.
Three of the guides below explain finance types Credicorp Limited does not offer — invoice finance, asset finance and merchant cash advances. They exist purely so you can compare. We have kept the tone even and non-promotional in those guides, because the point is to help you decide, not to steer you.
Understanding the products
The three things Credicorp Limited actually lends, explained in full — with the exact published terms and worked, illustrative examples.
Business bridging loans explained
What a short-term business bridging loan is, when it fits, the exact Bridging Loan terms, worked examples, and where a bridge does not fit.
Revolving credit facilities explained
How a revolving facility such as Credicorp Flex works against a fixed loan: drawing, repaying, redrawing, and paying interest on the drawn balance only.
Paying suppliers in instalments
How spreading a supplier bill works with Credicorp Slice: the supplier is paid in full today, the company repays over a plan, for a flat fee.
Comparing finance types
General explainers of finance types Credicorp does not offer. These are here so you can compare a short bridge against the wider market on its merits.
Invoice finance explained
What invoice finance, factoring and discounting are, how they compare to a short bridge, and the kind of business each suits.
Asset finance explained
Hire purchase against leasing for business equipment, and how funding an asset differs from short-term working capital.
Merchant cash advances explained
What a merchant cash advance is, how repayment as a percentage of card takings works, the cost to watch, and how it differs from a fixed-term company loan.
Costs & creditworthiness
Guides and tools that help you work out what borrowing costs and how a company's creditworthiness is judged. More are being added to this group as the brand site grows.
- Business bridging loans explained — includes worked, illustrative cost examples at the published rate.
- The three products, side by side — pricing, term and cost cap for the Loan, Flex and Slice.
- Bridging loan cost calculator — work the daily-interest cost of a short bridge through for yourself.
- Late payment interest calculator — what statutory interest on an unpaid commercial invoice adds up to.
- Working capital gap calculator — size the gap between paying out and getting paid.
- Lending and regulation — what protections do and do not apply to body-corporate credit.
Calculators and further reading
Where a number matters more than prose, reach for a calculator. Where you want context and sector detail, the news and updates index has longer pieces.
Calculators
Free tools to work out the cost of a bridge, statutory late-payment interest, and the size of a working-capital gap.
News & updates
Sector deep-dives and explainers — construction retentions, seasonal cashflow, the UK SME funding landscape, and more.
Glossary
Plain-English definitions of the technical terms used across the site — Article 60B, body corporate, factoring, hire purchase and more.