Slice is designed to be short-term, so a bill is spread over a small number of instalments rather than a long arrangement. It bridges a timing gap; it is not a long-running facility.
How the number is decided
- The bill itself and what you are funding
- Your company's circumstances at the time you apply
- The schedule we can offer that keeps repayments manageable
Whatever the number, it is shown clearly in your offer before you accept, along with each date and the total cost of the credit.
Why short matters
Keeping Slice short means the cost of credit stays contained and the obligation has a clear end. You handle the bill and clear it within a defined window, which is easier to plan around than open-ended borrowing.
If you want a different shape
If a one-off instalment plan does not match how your business needs credit, our Flex facility may suit you better. Our team can talk through which structure fits before you commit to anything.
See also: How do Slice instalments actually work?, Should I choose Flex or Slice? and How do I apply for Credicorp Slice?.