Credicorp offers two products: Flex, a revolving facility you draw and repay flexibly, and Slice, which is structured differently. Some businesses find that a single product covers everything; others have needs that suit each product in turn.
When running both can make sense
- You use Flex for short-term, fluctuating cash gaps, and Slice for a more defined, structured need.
- You want to keep your revolving headroom free for genuine emergencies rather than tying it up in a larger, one-off cost.
- Your business has clearly separate funding requirements that each suit a different shape of borrowing.
The caution
Running two facilities means two sets of obligations. Only take on what the business can comfortably repay across both, and avoid using one to service the other. If a single product would meet your needs more simply, that is usually the better route.
How to decide
Look at each need separately: is it short-term and variable, or defined and structured? Match each to the product that fits, and compare the rate and terms shown in each offer. If you are weighing the two, our support team can talk through which combination, if any, suits how your company trades. Both are business lending outside the consumer-credit regime, so FOS and FSCS do not apply.
See also: How to read your Flex statement, How is Flex different from a business overdraft?, Why do statements for Flex and Slice look a little different?.