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How do I get a settlement figure for my UK business loan?

A settlement figure is the total amount required to pay your loan off in full on a specific date. The figure changes over time, so it is always quoted as valid up to a stated date.

Because interest accrues daily on the outstanding balance, the settlement amount falls the sooner you clear it. The figure we quote already reflects this, so you can see exactly what it costs to close the loan on the date you choose.

Request yours with the Request a Settlement Figure form. The figure shows any rebate of interest and any early-settlement charge — up to 28 days' interest, which we waive in many cases — so you see the exact cost before you confirm. For more, see paying your loan off early and early repayment and what you save.

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Related questions

Paying your loan off early A settlement figure is the total amount required to pay your loan off in full on a specific date. The figure changes over time, so it is always quoted as valid up to a stated date. Early repayment and what you save A settlement figure is the total amount required to pay your loan off in full on a specific date. The figure changes over time, so it is always quoted as valid up to a stated date. How do I update my contact details? Keeping your phone number, email and address current means you never miss an important notice. Use the Update Your Details form and we will confirm the… What is creditcorp.co.uk and how is it related to credicorp.co.uk? creditcorp.co.uk is the front-door site for the Creditcorp brand — the name the group is growing into. The lender you borrow from is Credicorp Limited at… Can I get a copy of my Business Loan Agreement? Yes. You can ask for a copy of your signed Business Loan Agreement at any time. Use the Copy of Agreement form and we will send it to you. Business credit card vs short-term loan UK Business credit card vs short-term loan UK: revolving card or fixed loan? When a card is cheaper, the discipline it needs, and how each one actually works. How do I request a statement of account? You can ask for a statement at any time, free of charge. Complete the Request a Statement form and we will send it to you by email or post. Can a director be personally liable for a company loan in the UK? Usually no: in UK company law the company is a separate legal person and we take no personal guarantee. Narrow exceptions are fraud, wrongful trading or a…

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