Credicorp offers two products to UK limited companies and LLPs: Credicorp Flex and Credicorp Slice. Both can help with cashflow, but they are shaped for different patterns of need. Choosing the right one starts with understanding the shape of your gap, not just its size.
When a recurring or flexible pattern fits
If your cashflow needs come and go, for example you regularly bridge between paying suppliers and being paid, a more flexible facility can suit better because it bends to a fluctuating need rather than a single fixed event.
When a defined, one-off need fits
If you have a specific, identifiable cost, a seasonal stock buy, a tax bill, a large order, a structured arrangement that you draw and repay over a set path can give you clarity and predictability.
How to decide
- Is the need one-off and well-defined, or recurring and variable?
- How quickly do you expect the funds to be repaid?
- Which repayment shape is easiest to plan your trading around?
The terms, rate and structure you are offered will be set out clearly before you commit; always read your offer and repay at the rate and over the term shown. If you are unsure, our team can talk you through how each product would apply to your situation.
Credicorp lends only to UK limited companies and LLPs for business purposes. We do not lend to individuals or sole traders and take no personal guarantees. As an exempt lender we are outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply.
See also: Flex or Slice for funding an asset purchase?, Can my company use Flex and Slice together? and How Flex and Slice decisions differ.