The price of a business loan is not a single fixed number that applies to everyone. It is shaped by a set of factors specific to your company and the finance you are taking. This guide explains the moving parts in general terms so you can read your own offer with confidence.
What influences the price
- Your company's credit profile: how your business has handled credit and obligations over time.
- The amount and term: how much you borrow and over what period both feed into the figures.
- The product: Credicorp Flex and Credicorp Slice are structured differently, so they price differently.
- The wider picture: the strength and stability of your trading as it appears in your application.
Why two companies differ
Because pricing is risk-based, two businesses applying on the same day can be offered different terms. That is normal and expected. The offer reflects the lender's view of that specific agreement, not a comparison between you and anyone else.
Where to find your numbers
We do not quote a rate, fee, or cost on this page, because the only figures that matter are the ones in your own documents. The rate, any charges, the term, and the total amount payable are all set out in your offer and your Key Information Sheet before you commit. Read those carefully, and ask us if anything is unclear. You should always be able to see the full cost of the agreement before you sign.
See also: What credit score do I need for a business loan?, Slice vs a business credit card, What is a loan term and how is mine set?.