If your facility is working well, you may want a higher limit. That is a reasonable thing to ask for, and a good repayment record genuinely helps. The important word is responsibly: a higher limit should give your business more breathing room, never set up a problem.
How a limit increase is considered
An increase is assessed the same way as the original facility — it is affordability-led. We look at whether the business can comfortably support the larger limit, drawing on your trading picture and your history of repaying on time. A consistent record of using the facility well is exactly the evidence that supports more headroom. See how a Flex limit is set and raised.
You never have to use your full limit, and a higher limit is simply more available if you need it. The cost is still only ever on what you draw — see how Flex charges show per drawing. Borrow what the business needs, not what the limit allows.
Using more headroom well
- Keep drawing what you need and paying it down — that pattern is what supports future increases.
- Keep your business bank connection or statements current so the assessment sees an up-to-date picture.
- If your needs have genuinely grown beyond short-term working capital, a mainstream SME facility may suit better; we will say so honestly.
If at any point repayments feel tight, the responsible move is to talk to us early rather than draw more — see setting up a repayment arrangement. Because this is lending to a company for business purposes, it sits outside FCA consumer-credit regulation under Article 60B FSMA RAO 2001 and is not covered by the Financial Ombudsman Service or the FSCS.
See also: Can my company use Flex and Slice together?, Can I leave my Flex facility open but unused?, Can I have several Flex drawings running at the same time?.