Your current loan balance is always visible when you sign in to your Credicorp account. The dashboard shows the outstanding balance on your facility, refreshed each time a payment clears, so the figure you see reflects where your company actually stands rather than where it stood at the start of the term.
What the balance includes
The headline balance brings together the capital your company still owes plus any interest that has accrued up to that date under the terms set out in your offer. For a Credicorp Flex facility, it also reflects how much of your available limit you have drawn and how much headroom remains.
- Outstanding capital not yet repaid
- Interest accrued to date at the rate shown in your agreement
- For Flex, the undrawn amount still available to you
Keeping it accurate
Payments can take a short time to settle, so a balance may look momentarily unchanged immediately after you pay. Once the payment clears, the figure updates automatically. If your balance ever looks wrong after a payment has settled, contact our support team and we will reconcile it with you.
Credicorp lends only to UK limited companies and LLPs for business purposes. As an exempt lender we sit outside the FCA consumer-credit regime, so the Financial Ombudsman Service and FSCS do not apply.
See also: Why has my balance changed when I have not borrowed more?, Can I pay my loan off early?, How much of my Flex limit is still available?.