Credicorp
You'll never repay more than double what you borrow.
Total cost of credit — interest and fees combined — is capped at 100% of the amount you draw. The cap is written into the agreement — not just a promise.
Representative example
Representative: borrow £200 for 30 days, repay £220.
One-time business loan
A single lump sum, repaid over 14-84 days. Available now.
Credicorp Flex
A revolving limit you draw, repay and redraw. Available now.
Common questions
What is a capped cost business loan UK?
A capped cost business loan sets a maximum on the total amount you can ever repay — interest and fees combined — expressed as a percentage of what you borrowed. Credicorp's cap means you will never repay more than double the amount you draw, regardless of how long the money is outstanding or if you miss a payment.
Does the cap protect against penalty rates?
Yes. The cap is written into your loan agreement. There is no penalty-rate uplift that could break it, and the dishonour fee for a missed payment is fixed and modest. The worst-case total cost is always visible up front.
Ready when your company is
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