Credicorp Slice is structured around a defined amount and a planned repayment schedule, so the cost is predictable across your agreed term. If you prefer to know your commitment in advance, Slice is built for that.
How the cost is shaped
- The charge for credit is set at the rate or basis shown in your offer and applied across your agreed term.
- Any establishment or set-up cost, where it applies, is disclosed before you accept.
- Repayments follow the schedule in your agreement, with each one itemised on your statement.
Why this suits some businesses
A scheduled structure helps with budgeting and forecasting, because the cost and timing are known from the start. For a planned investment — equipment, a fit-out, a fixed project — that predictability can be valuable.
Where to read your figures
The precise cost of your Slice facility is in your offer and signed agreement. We do not quote figures in help articles because they depend on your amount, term and product. Your statement then confirms each charge and repayment as they occur.
Remember
Slice is for UK limited companies and LLPs borrowing for business purposes only, in the company's name, with no personal guarantee from directors. It is exempt business lending, so the Financial Ombudsman Service and FSCS do not apply.
See also: How are Credicorp Flex charges structured?, How a Credicorp Slice repayment schedule is structured and What is an early repayment charge?.