Our offer reflects how much we believe your company can comfortably service within the proposed term. Several factors feed into that assessment, and understanding them helps you put your best application forward.
Key factors we consider
- Annual turnover and recent revenue trends — a business with consistent or growing income can typically support a larger facility than one with erratic receipts.
- Time in business — a longer trading history gives us more data to work with. Newer companies are not excluded, but the assessment may rely more heavily on recent bank statements.
- Existing credit obligations — outstanding loans, overdrafts, or finance agreements already affecting the company's cash flow are taken into account.
- Bank account conduct — we look at how the company manages its account day to day: returned payments, persistent overdrafts, or large unexplained outflows can reduce the offer.
- Industry and seasonality — some sectors carry higher cash-flow volatility, which we factor into the term and amount offered.
What we do not assess
We do not run a personal credit search on directors and we do not require a personal guarantee. Our assessment is company-level, using open banking data and business credit information where available.
Getting the most from your application
Ensure your business bank account data is accurate and up to date before applying. If your company has seasonal patterns, a brief note explaining them can help our team contextualise the figures correctly.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: How does the Creditcorp business loan work?, Is my company eligible for a Creditcorp business loan?.