Yes — you can repay an individual Credicorp Flex drawing as a one-off using a card or a bank transfer, and that payment can come from a different source than your usual collection. This is a Flex-specific question: it is about clearing or reducing a single drawing on the spot, rather than the broader question of moving the account your regular payments come from. For that, see paying from a different business bank account.
Paying a single drawing ad hoc
Flex is a revolving facility, so each drawing sits against a running drawn balance rather than a fixed monthly schedule. When spare cash comes in, you do not have to wait for the next cycle — you can settle a drawing in full, or pay any amount above the minimum to reduce it. There is no fee, no notice period and no minimum interest charge for doing so, and paying early stops the interest accruing on that amount from the same day. The mechanics are covered in whether you can pay off a Flex drawing early.
How to make the payment
- Sign in to the customer portal and open the Flex panel.
- Find the drawing you want to clear or reduce. The portal shows the exact £ figure — the drawn amount plus any interest accrued to today.
- Choose how to pay: by debit card, by Faster Payments bank transfer, or by scheduling the amount to your next Direct Debit collection.
- If you are paying by transfer, quote the reference shown so the money is matched to the right facility — see what reference to use for a bank transfer.
Which card or account you can use
Credicorp lends only to UK limited companies and LLPs for business purposes, and we do not take personal guarantees from directors. The facility is the company's liability, so a repayment should come from the company's own funds — a UK business debit card or the company's business bank account. We take UK business debit cards on the secure payment page; credit cards, prepaid cards and some commercial cards may be declined. If a card is refused, it is almost always the bank's own check rather than anything on your account — see why a card payment was declined.
A one-off transfer from a different source can still reach us — for example if a director or a parent company is settling an amount — but it does not change who is responsible for the facility, and the reference is what links it to your company. The wider rules on that are in can someone else pay on behalf of the company.
This does not disturb your Direct Debit
Paying a drawing ad hoc is separate from your standing Direct Debit. A one-off card payment or transfer reduces your drawn balance there and then; your scheduled collection stays in place and is simply recalculated and renotified to reflect the lower balance at the next cycle. You do not need to cancel or amend the Direct Debit to make an extra payment — and you should not, or you risk stopping your regular collections. This is the same principle as making a one-off extra payment without changing your Direct Debit.
A note on where the money comes from
Settling the odd drawing from a director's funds in a tight month is fine as a one-off. But the standing Direct Debit we collect from should be the borrowing company's own business account, not a personal or third-party one. If you find you are regularly stepping in from outside the business to clear drawings, that is a useful signal — it is worth a conversation rather than papering over a recurring cash-flow gap. You can check your exact drawn balance, accrued interest and next cycle date any time in the portal, or get in touch and we will confirm the position before you pay. Please never send card details by email — we only ever take a card on the secure payment page or over the phone.
See also: Can I change the date my payment is taken?, Can I pay extra towards my balance?, Can my company request a payment holiday?.