When your application succeeds, we present an offer. This is the point to slow down and read carefully, because the offer is where the specific terms of your borrowing are set out. Nothing is fixed until you accept.
What to look for
- The rate shown in your offer — how the cost of borrowing is expressed for your agreement.
- Your agreed term — how long you have to repay.
- Any charges — what they are, when they apply, and what triggers them.
- The repayment shape — how and when payments are due.
Check it matches what you asked for
Make sure the product (Credicorp Flex or Credicorp Slice) and the amount reflect what you intended. If anything looks different from your expectation, ask before accepting rather than after.
Know the protections that do and do not apply
Because Credicorp lends to companies for business purposes, the agreement is outside the FCA consumer-credit regime. There is no Financial Ombudsman Service access and no FSCS cover. On the other hand, we do not take a personal guarantee from any director — the loan is the company's obligation.
Take your time
An offer is an invitation, not a deadline you must rush. Read every figure, confirm the company can meet the repayments comfortably, and only accept when you are sure.
See also: How to apply for a Credicorp loan, step by step, Flex or Slice: which product should my company apply for?, The Business Purpose Declaration: what you're signing.