Credicorp offers two products, and they are repaid differently. Knowing which one your company holds helps you anticipate what will be collected and when.
Credicorp Slice
Slice works on a more predictable schedule. You repay over your agreed term in scheduled payments, typically collected by Direct Debit on your due date. Because the structure is steady, it is easier to forecast each collection in advance, which suits companies that prefer certainty.
Credicorp Flex
Flex is more flexible. You can draw and repay within your facility, and the amount collected reflects your balance for that cycle. That means your Direct Debit can vary from one collection to the next. We renotify you of each amount before it is taken, so you always know the figure ahead of the date.
What is the same for both
- Repayments come from the borrowing company's business account.
- Direct Debit is our recommended method, with bank transfer and card available for one-off payments.
- Overpayments are accepted and reduce your balance.
- The rate is the one shown in your offer — the product affects the shape of repayment, not a hidden change to the rate.
Not sure which you hold?
Your agreement and online account state your product. If your collections vary cycle to cycle you are most likely on Flex; if they follow a steady schedule, Slice. Contact support if you would like it confirmed.
See also: How do payments differ between Credicorp Flex and Slice?, How to plan Flex repayments around your cash flow, Choosing between Credicorp Flex and Credicorp Slice.