Credicorp

Eligibility

Eligibility is the set of published criteria a business must meet to be considered for a facility. It is the doorway, not the decision: meeting the criteria means an application can be assessed, while the assessment itself weighs the circumstances of the particular business. Clear eligibility criteria let a director see at a glance whether it is worth applying.

What it is: The minimum published conditions to be considered.
What it is not: A guarantee of approval — the application is still assessed.
Why it is published: So a business can self-check before applying.

Feedback & complaints

Terms & conditions

Privacy

Cookie policy

Credicorp's published eligibility criteria

To be considered for Credicorp lending, a business needs to be a UK-registered limited company or LLP, to have been trading for a short qualifying period, and to hold a UK business bank account. Credicorp lends to the company, not to its directors — there is no personal guarantee required. Decisions are AI-assisted and typically confirmed within an hour during working hours.

Limited company A limited company is a UK business structure registered at Companies House that exists as a separate legal person from its owners, giving its shareholders… LLP An LLP is a UK business structure that combines the flexibility of a partnership with limited liability for its members, registered at Companies House… Due diligence Due diligence is the set of checks a lender carries out before and during a lending relationship — confirming the borrower is genuine, understanding its… Responsible lending Responsible lending means lending only what a business can sensibly handle, being clear about cost, and supporting borrowers in difficulty. Credicorp… /legal/vulnerability/ How Credicorp, a UK business lender, supports customers going through a difficult time — vulnerability policy and support routes. AML (anti-money laundering) Anti-money laundering (AML) is the set of laws and checks that require lenders to verify who they are dealing with and to report suspicious activity… Asset finance Asset finance is a way of funding equipment, vehicles or machinery by spreading the cost over time, with the asset itself usually acting as the security… SAR (Suspicious Activity Report) A Suspicious Activity Report is the report a regulated business files when it suspects activity involves the proceeds of crime or money laundering, under… KIS (Key Information Sheet) A Key Information Sheet is a pre-contract summary that sets out the headline terms of a facility — the cost, the repayments and the key conditions — so a…

Eligibility and the decision

Meeting the published criteria allows an application to proceed; it does not by itself produce an offer. Each application is assessed, and the assessment reflects the business's circumstances. The internal detail of how decisions are reached is not published — only the eligibility criteria a business needs to meet are.

Where applying is available

Applying, the customer portal and the app are UK-only. The rest of the site — the content, guides and discovery surfaces — is open to everyone. This boundary reflects that Credicorp lends to UK businesses, while its information is freely available.

Eligibility and Credicorp

Credicorp lends to UK limited companies and LLPs that meet the published criteria above. Credicorp is an independent UK lender, not affiliated with Credicorp Inc of Peru, Credit Corp of Australia, or any other Credicorp entity outside the United Kingdom (Company No. 16093826; ICO ZC157682). To check whether your business qualifies, see how we lend.

Explore related UK business lending terms

Full business lending glossary UK →

Ready when your company is

A 5-minute application. AI decision in minutes, confirmed by a real underwriter. Same-day funding on approval. No personal guarantee.

Apply now — takes 5 minutes Contact us