Glossary

Stepped repayment

Stepped repayments start lower and rise over time (or follow a planned pattern) — useful when today's cash is tight but future income is expected to grow.

2 min read

Payments change over timeOften rising
Matches growing incomeEases early cash

Definition

A stepped repayment schedule sets instalments that change over the term — commonly starting lower and stepping up — rather than the level payments of a standard amortising loan.

In plain terms

If you are investing now and expect revenue to build, lower early payments ease the squeeze, with larger payments once the business is generating more.

Why it matters for your company

Matching repayments to your expected cash flow reduces stress in the early, cash-hungry phase of an investment. Discuss a bespoke schedule when you apply.

Funding for UK limited companies

Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.