A revolving credit facility is not a lump sum sitting in reserve — it is a flexible tool that rewards active, disciplined use. With Credicorp Flex you can draw funds, repay them, and redraw up to your approved limit as often as your business needs. The companies that benefit most treat the facility like a precision instrument rather than a safety blanket.
Draw to the purpose, not to the limit
Before each draw, name the specific gap you are bridging — a supplier invoice due before a customer pays, a short stock purchase, a payroll date that falls awkwardly in the month. Drawing only what that purpose requires keeps your outstanding balance low, reduces cost, and preserves headroom for the next need. Habitually drawing to the maximum is a signal that the facility limit may be mismatched to your business or that underlying cashflow needs attention.
Repay as soon as the cash arrives
The revolving structure means every repayment restores your available balance. If a customer settles a large invoice, repaying the facility immediately — even partially — frees capacity for the next cycle. Building a simple rule into your accounts process (for example, allocating a percentage of each incoming payment to the facility) prevents balance creep and keeps borrowing genuinely short-term.
Review utilisation monthly
Set aside ten minutes each month to check three numbers: the average balance you carried, the highest single draw, and the total repaid. If your average balance is consistently close to your limit, speak to us about whether the limit needs adjusting or whether a term loan would suit a specific project better. If utilisation is very low, ask whether the facility is covering the right gap at all.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Matching finance to the right business need, Managing repayments alongside monthly cashflow.