Credicorp offers two products, Flex and Slice, and either can fund the kinds of purchases businesses make every day — stock, equipment, vehicles, premises work, or technology. The difference is less about what you are buying and more about how the spending and repayment fit your cash flow.
When Slice tends to fit
Slice suits a single, well-defined purchase: one machine, one vehicle, one refit, or one large stock order. You know the amount, you spend it in one go, and you repay over your agreed term. If your need is a clear lump sum, Slice keeps things simple.
When Flex tends to fit
- Spending that happens in stages, such as a phased refit or rolling stock buys.
- Needs that are hard to size precisely up front.
- Situations where you want to draw funds as the work or orders firm up.
Compare on your own figures
Whichever you lean towards, compare both against the rate shown in your offer and the repayment pattern that suits your incomings. The best product is the one whose structure matches how the purchase actually plays out.
Credicorp lends only to UK limited companies and LLPs for business purposes. The loan is to the company, with no personal guarantees from directors. As an exempt business lender, we are outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS protection do not apply.
See also: Credicorp Flex or Slice for a cashflow need?, Funding a refit or refurbishment of your premises and Funding energy-efficiency upgrades to your premises.