Credicorp

How does Credicorp Flex revolving credit work?

Credicorp Flex is our revolving credit facility for UK limited companies. It works like a business overdraft, but with explicit terms and a per-drawing cost cap. Here is the short version:

It is designed for companies whose cashflow is unpredictable — seasonal, project-driven, or with periodic supplier-deposit cycles. For a full walkthrough of how a drawing works day by day, see our Inside Credicorp Flex guide. To talk through whether a one-time loan or Flex fits better for your shape, the business loans calculator compares both.

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Inside Credicorp Flex guide Credicorp Flex is our revolving credit facility for UK limited companies. It works like a business overdraft, but with explicit terms and a per-drawing cost cap. Here is the short version: Can I pay off a Credicorp Flex drawing early in the UK? Yes — pay off a Flex drawing early at any time, with no fee, no notice period, and no minimum interest charge. Paying early stops the interest meter the… How is the minimum monthly payment on Credicorp Flex calculated in the UK? How the minimum monthly payment on a UK revolving credit facility (Flex) is calculated: the greater of 10% of your drawn balance at the cycle date, or… How is my Credicorp Flex credit limit set and raised in the UK? Your UK Flex credit limit is set from an affordability assessment. Reviews happen automatically after six months of clean usage or on request. Here is how… How do I draw down from my Credicorp Flex revolving credit facility? How to flex drawdown UK: sign in to the portal, open the Flex panel, enter an amount up to your limit and confirm. Funds reach your business bank account… Struggling to repay a UK business loan — what should I do? Struggling to repay a UK business loan? Contact us as early as you can. We can look at a payment arrangement, a short extension or a hardship variation to… How much does Credicorp Slice cost? Slice charges a single flat fee on the bill amount. There are no hidden extras. If you pay your instalments on time, you will never pay more than the fee…

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