Cash-flow gaps are a normal part of running a company, especially around late customer payments or seasonal swings. If your company hits one, a short, agreed pause may be possible. The key word is agreed: pausing without telling us is treated very differently from pausing with us.
When a pause makes sense
A pause is most useful when the difficulty is genuinely temporary and you can see when normal cash flow will return. If the gap is short and the cause is clear, that is exactly the kind of situation a short arrangement is built for.
What a pause involves
- We look at your company's situation and how long it realistically needs.
- We agree what happens during the pause and how the paused amount is handled afterwards.
- We confirm the arrangement so you have it in writing.
What a pause is not
A pause is not the same as the debt going away. The agreed amount is still owed and will need to be brought back into the schedule. We will be clear about how interest at the rate shown in your offer continues to apply, so there are no surprises.
How to ask
Contact us before the gap bites, explain the timing, and tell us what your company can manage in the meantime. Whether you hold Credicorp Flex or Credicorp Slice, the earlier you raise it, the more flexibility we can offer.
For the practical differences, see payment holiday versus reduced payment plan, forbearance options for business borrowers and why early contact helps.
See also: A debt collection agency has contacted me - is it genuine?, Can my accountant or another representative deal with you on our behalf?, Can I get a payment extension?.