Glossary

Indicative quote

Indicative quote — a term used across the Credicorp developer documentation, defined here for engineers integrating the public /public/v1 API.

2 min read

exampleNot binding
GetQuoteWhere it comes from

What it is

An indicative quote is an illustrative figure showing roughly what borrowing might cost, not a firm, binding offer. A real offer follows a full application and assessment.

In the Credicorp API

The MCP GetQuote tool returns indicative quotes on the public ring. Present them clearly as examples and never as an offer — a genuine offer only comes from a full application on the authenticated surface. Point interested users to the application or the repayment calculator.

Frequently asked questions

Is an MCP quote a real offer?

No. It is indicative only. A binding offer requires a full application and assessment on the authenticated surface.

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.