Credicorp Flex rewards businesses that match their borrowing to their cash cycle. The closer your repayments track your real income, the cheaper and calmer the facility is to run, because charges relate to what you have drawn and for how long.
Map your cash cycle first
- Note when money reliably comes in, such as customer payment dates or seasonal peaks.
- Note when money reliably goes out, such as payroll, rent, VAT, and supplier terms.
- Identify the gaps where outgoings land before income arrives. Those gaps are what Flex is for.
Time drawings and repayments deliberately
Draw close to when you actually need the money, not far in advance. Then schedule repayments to follow your incoming payments, so a customer settling an invoice flows straight into clearing the drawing it covered. Clearing balances as income arrives keeps the running cost down.
Build in a margin
Customers pay late and bills arrive early, so leave headroom rather than running your limit to the edge. A facility kept a little under full gives you room to absorb surprises. Review your balance, headroom, and the rate in your offer regularly so the facility stays a tool you control rather than one that controls you.
See also: How do repayments differ between Credicorp Flex and Credicorp Slice?, How repayments work on Credicorp Flex, Fixed vs flexible repayments: which suits your cash flow?.