Business lender comparison
Compare our three business lending products
Three Credicorp products, three shapes of business borrowing. They share a regulatory posture — body-corporate-only lending, no personal guarantee, 100% total-cost cap — but they fit different situations. Pick the one that matches what you actually need this week.At a glance
How they compare on the things that matter
| Feature | Credicorp LoanA one-off, fixed-term business loan. | Credicorp FlexA small revolving credit facility you can dip into. | Credicorp SlicePay one business bill in three or four instalments. |
|---|---|---|---|
| Best for | A single, planned cost — supplier order, equipment, a one-off project. | Recurring short cashflow gaps — paying suppliers ahead of receivables. | A specific business bill (supplier invoice, tax bill, repair) you want to spread over 3–4 weeks. |
| Amount range | £50–£500 | £50–£500 limit | £50–£2,000 |
| Term / cycle | Fixed 14–84 days | Open-ended; 14-day repayment cycle | 3 or 4 weekly instalments |
| Headline cost | 0.25% per day interest + £5 establishment fee | 0.25% per day on drawn balance + £5 establishment fee | 6% flat fee — no compounding, no APR sleight of hand |
| Total-cost cap | 100% of principal — never charged more in fees + interest than you borrowed. | 100% of principal drawn — same cap as Loan. | A single flat fee at outset — no compounding, no late uplift beyond a capped £12 missed-instalment fee. |
| Repayment | Fixed schedule, BACS Direct Debit by default. Settle early any time — early-settlement charge up to 28 days' interest may apply. | 10% of balance minimum per cycle; repay more whenever you like. | 3 or 4 equal instalments by BACS Direct Debit. Settle early and we refund the unused part of the fee pro rata. |
| Who is the borrower? | The company — never the director personally. | The company — never the director personally. | The company — never the director personally. |
| Personal guarantee? | No. | No. | No. |
| Decision speed | Most decisions land the same working day. | Limit approved the same working day; draws thereafter are instant. | Most decisions land the same working day; the supplier is paid in full as soon as we approve. |
| Eligibility | UK Ltd or LLP, 6+ months trading, current business bank account, director identity check. | UK Ltd or LLP, 6+ months trading, current business bank account, director identity check. | UK Ltd or LLP, 6+ months trading, current business bank account, valid supplier invoice. |
| Regulatory posture | Article 60B FSMA RAO 2001 — body-corporate lending, outside FCA consumer-credit. No FOS, no FSCS, no BBRS. | Article 60B FSMA RAO 2001 — body-corporate lending, outside FCA consumer-credit. No FOS, no FSCS, no BBRS. | Article 60B FSMA RAO 2001 — body-corporate lending, outside FCA consumer-credit. No FOS, no FSCS, no BBRS. |
| Apply now | Apply for a Business Loan | Apply for Credicorp Flex | Apply for Credicorp Slice |
Credicorp Loan
A one-off, fixed-term business loan.Best forA single, planned cost — supplier order, equipment, a one-off project.
Amount range£50–£500
Term / cycleFixed 14–84 days
Headline cost0.25% per day interest + £5 establishment fee
Total-cost cap100% of principal — never charged more in fees + interest than you borrowed.
RepaymentFixed schedule, BACS Direct Debit by default. Settle early any time — early-settlement charge up to 28 days' interest may apply.
Who is the borrower?The company — never the director personally.
Personal guarantee?No.
Decision speedMost decisions land the same working day.
EligibilityUK Ltd or LLP, 6+ months trading, current business bank account, director identity check.
Regulatory postureArticle 60B FSMA RAO 2001 — body-corporate lending, outside FCA consumer-credit. No FOS, no FSCS, no BBRS.
Credicorp Flex
A small revolving credit facility you can dip into.Best forRecurring short cashflow gaps — paying suppliers ahead of receivables.
Amount range£50–£500 limit
Term / cycleOpen-ended; 14-day repayment cycle
Headline cost0.25% per day on drawn balance + £5 establishment fee
Total-cost cap100% of principal drawn — same cap as Loan.
Repayment10% of balance minimum per cycle; repay more whenever you like.
Who is the borrower?The company — never the director personally.
Personal guarantee?No.
Decision speedLimit approved the same working day; draws thereafter are instant.
EligibilityUK Ltd or LLP, 6+ months trading, current business bank account, director identity check.
Regulatory postureArticle 60B FSMA RAO 2001 — body-corporate lending, outside FCA consumer-credit. No FOS, no FSCS, no BBRS.
Credicorp Slice
Pay one business bill in three or four instalments.Best forA specific business bill (supplier invoice, tax bill, repair) you want to spread over 3–4 weeks.
Amount range£50–£2,000
Term / cycle3 or 4 weekly instalments
Headline cost6% flat fee — no compounding, no APR sleight of hand
Total-cost capA single flat fee at outset — no compounding, no late uplift beyond a capped £12 missed-instalment fee.
Repayment3 or 4 equal instalments by BACS Direct Debit. Settle early and we refund the unused part of the fee pro rata.
Who is the borrower?The company — never the director personally.
Personal guarantee?No.
Decision speedMost decisions land the same working day; the supplier is paid in full as soon as we approve.
EligibilityUK Ltd or LLP, 6+ months trading, current business bank account, valid supplier invoice.
Regulatory postureArticle 60B FSMA RAO 2001 — body-corporate lending, outside FCA consumer-credit. No FOS, no FSCS, no BBRS.
A quick way to decide
Which product fits which need
The simplest way to choose is to start from the shape of your need, not the amount. If two could fit, pick the one that lets you borrow the least for the shortest time — that is almost always the cheapest outcome.Is it one bill you already owe, and you just want to smooth the timing?→ Slice
Is it a single, planned cost you want as one lump sum?→ Business Loan
Will you need to dip in and out repeatedly over time?→ Flex
The same foundations
What all three share
Company borrower, no personal guarantee
We lend to the company, not to its directors. There is no personal guarantee and no director liability.Unsecured core lending
No asset is taken as security on the core business loan.AI-assisted decisions
Fast, consistent assessment — most decisions land the same working day.Same-day funding
On approval and acceptance, funds usually reach your company account the same day.Early repayment reduces cost
You only pay for the credit you actually use; settling early always saves money.A total-cost cap
The total of interest plus fees is capped at 100% of the amount borrowed.Short-term business credit carries a high annualised cost
Choose the product that genuinely fits the need, borrow only what you need for the shortest term required, and settle early where you can to reduce what you pay. The total of interest plus fees is capped at 100% of the amount borrowed.If repayment becomes difficult, contact us early — get help with payments. Support for vulnerable customers is available through our legal pages.
Who we lend to
UK limited companies and LLPs only
Credicorp Limited lends only to UK limited companies and LLPs for business purposes. We do not lend to consumers or to sole traders. We lend to the company as a body corporate — the director who signs is not personally liable and no personal guarantee is taken.Credicorp Limited is registered in England & Wales under company number 16093826 and with the ICO under reference ZC157682. Credicorp Limited (UK) is not affiliated with Credicorp Inc of Peru, Credit Corp of Australia, or any other Credicorp entity outside the UK.Regulatory posture