Credicorp Flex is a revolving facility, so it is normal to have more than one drawing live at the same time. Each drawing reduces your available headroom, and you can keep drawing until you reach your approved limit.
How it works in practice
- Your available headroom is your approved limit minus what you have already drawn and not yet repaid.
- Each new drawing simply uses some of that remaining headroom.
- As you repay, headroom is restored and becomes available to draw again.
Keeping track
When several drawings are running, it helps to know what each one was for and how it is being repaid. Your account view shows your current balance, your remaining headroom, and the charges applying to what you have drawn at the rate set in your offer. Reviewing this before each new drawing stops you from over-committing.
A sensible habit
Just because headroom is available does not mean it should all be used. Treat your limit as a ceiling, not a target. Draw against clear business needs you can repay from trading, and clear older drawings where you can before adding new ones. That keeps the facility flexible for genuine pressure points rather than fully committed all the time.
See also: How repaying Flex frees up your limit again, Can I apply for Flex and Slice at the same time? and How much of my Flex limit is still available?.