Every cost that can ever apply to your facility is set out in the offer you receive and the agreement you sign. Credicorp lends only to UK limited companies and LLPs for business purposes, and we are the lender rather than a broker, so there is no broker commission layered on top.
The kinds of cost you may see
- Interest or a charge for credit — the core cost of borrowing, shown at the rate or basis stated in your offer.
- An establishment or set-up cost — where one applies to your product, it is disclosed up front, not added later.
- Costs that only apply if something happens — for example a late payment or an early settlement, which only arise if that situation occurs.
How to find your own figures
We deliberately avoid quoting numbers in our help articles, because the cost depends on your product, your agreed term and the offer you accepted. The accurate place to read your costs is your own offer summary and signed agreement, both available in your account.
What you will not see
There are no hidden charges and no surprise add-ons. If a cost is not in your agreement, it does not apply. Because this is exempt business lending, the facility sits outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply — but our commitment to clear, complete pricing does. If you are still weighing products, you can compare your borrowing options side by side.
See also: Credicorp Flex vs Credicorp Slice: choosing a product, What payment methods can my company use? and How are Credicorp Flex charges structured?.