Credicorp offers two products to UK limited companies and LLPs: Credicorp Flex and Credicorp Slice. They are built for different patterns of need, and choosing well starts with understanding how they are shaped rather than comparing prices.
Credicorp Flex
Flex is designed around flexibility. It suits businesses whose funding needs move with their trading, where you want the ability to draw against an agreed arrangement rather than take a single fixed lump. Because it accrues over the intervals you actually use, the cost tracks how you use it. It tends to fit companies with variable, ongoing working-capital needs.
Credicorp Slice
Slice is structured more like a defined facility taken for a specific purpose over an agreed term. It suits businesses that know what they need, when they need it, and want a clear, predictable shape to the agreement from the outset.
How to choose
- Think about whether your need is one-off and defined, or ongoing and variable.
- Consider how much predictability you want in your repayments.
- Look at the figures in each offer side by side; the actual rate, term, and total payable are always in your own documents.
Neither product is universally better. The right one is the one that matches how your company actually trades and spends. If you are unsure, our team can talk through both before you commit, and you will see the full terms of either before you sign.
See also: Bridging loan, term loan, or credit facility: what's the difference?, Business finance options: a quick tour, Credicorp Flex and Credicorp Slice: our two products explained.