Flex and Slice are both short-term business products with the same transparent, capped pricing — but they are shaped for different needs. The quickest way to tell them apart is one question: do you have an ongoing need you will dip into more than once, or one specific bill you would rather spread than pay all at once?
The core difference
Credicorp Flex is a revolving credit limit. You agree a limit with us, draw from it whenever you need to, pay it down as cash comes in, and redraw as the limit frees up. It is built for cash flow that ebbs and flows. See how Credicorp Flex works.
Credicorp Slice spreads one specific eligible business bill. You bring us a single supplier invoice, VAT bill, or utility bill; we pay it in full today; you repay us over a fixed set of scheduled instalments. It starts and finishes around that one bill. See what Credicorp Slice is.
When Flex fits
- Your cash-flow needs are recurring or unpredictable — seasonal swings, project cycles, periodic supplier deposits.
- You expect to dip in and out rather than borrow once: covering stock, a wages gap, or an unexpected cost as it lands.
- You would rather hold a standing limit that is there when you need it and costs nothing while unused.
When Slice fits
- You have one known bill — a supplier invoice, a VAT payment, a utility or insurance renewal — that you would rather not pay in a single lump.
- You want that bill paid in full today so your supplier relationship stays clean, then to repay over a few instalments.
- You prefer an arrangement that ends: a fixed number of instalments, then you are done, with no balance to keep managing.
If you can point at one specific bill and say "pay that for me, I will settle it over a few instalments", choose Slice. If you expect to draw money more than once and cannot name in advance exactly what or when, choose Flex — a limit you reuse as you repay.
How each is priced
With both products you only pay for what you use, and every figure is shown in full before you commit — nothing is hidden until after.
- Flex charges interest only on the balance you have actually drawn; the unused part of your limit costs you nothing. The total cost of any single drawing is capped at 100% of that drawing. See how Flex charges show per drawing.
- Slice has one cost for the bill you are spreading, shown up front, with the total capped at 100% of the bill. See how Slice pricing is shown before you commit.
In short: Flex caps cost per drawing, Slice caps cost per bill, and with both you will see the full cost on screen before you agree to anything.
How they compare to other options
Flex is not the only way to cover a known cost, and Slice is not the only way to spread spending:
- If you have a single, fixed cost to clear over a set term rather than an ongoing need, compare Flex with a one-off Business Loan: Flex vs a one-off Business Loan.
- If you are weighing Slice against open-ended, repeated card spending, compare the two: Slice vs a business credit card.
Can I hold more than one?
Yes. Flex and Slice are separate products, and many companies use both — a standing Flex limit for everyday cash-flow swings, plus Slice when a specific large bill is better spread. Holding one does not rule out the other; each is assessed and applied for in its own right.
To set up a revolving limit, start with how Credicorp Flex works. To spread a specific bill, start with what Credicorp Slice is. Each product is applied for on its own; once you are set up, you manage drawings, instalments and balances in the signed-in portal.
Both products are lending to a limited company or LLP for business purposes, with the company as the borrower and no personal guarantee. Because of that, they sit outside FCA consumer-credit regulation under Article 60B FSMA RAO 2001 and are 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?.