Transport and logistics is a high-cost, thin-margin sector where money goes out daily but comes in on terms. Fuel, driver wages, tolls, insurance and maintenance all land before a customer settles an invoice. Credit Corp lends to UK transport and logistics limited companies and LLPs for these business purposes.
Eligibility
We lend to incorporated businesses only, not to individual owner-drivers operating as sole traders. The loan sits with the company, and directors are not asked to give personal guarantees.
Typical funding needs
- Smoothing fuel and wage costs while customer invoices are on terms
- Fleet maintenance, tyres and unexpected repairs that cannot wait
- Taking on a new contract that needs extra capacity from day one
- Bridging seasonal swings in freight volumes
Choosing a product
Credicorp Flex suits operators whose costs and revenue move unevenly through the month, letting you draw as needed. Credicorp Slice provides a single amount for a defined cost, such as a planned fleet outlay. The rate and term that apply are those in your offer.
Before you apply
This is business lending outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply. Our team can help you weigh a facility against your contract pipeline and payment terms.
See also: Funding equipment and plant costs, Funding payroll between customer payments and Funding for import and export companies.