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FAQsCredicorp Flex

How do I draw down from my Credicorp Flex facility?

Drawing down from your Credicorp Flex facility is designed to be a 30-second action. Here is what happens:

  1. Sign in to the customer portal.
  2. Open the Flex panel — it shows your agreed limit, current drawn balance, and remaining headroom.
  3. Type the amount you want to draw (any £ value up to your remaining headroom). The drawing tool shows the projected interest cost over a few illustrative repayment timescales so you can see what the drawing will cost.
  4. Confirm. We run a quick eligibility check (limit still in date, no holds on the account) and issue the drawing.
  5. Funds arrive in your nominated business bank account by Faster Payments, typically within 90 seconds — occasionally up to two hours during a bank's processing window.

You get a confirmation email plus a portal entry showing the drawing date, amount and projected minimum payment date. Interest starts accruing the day after the drawing lands.

The full mechanics — minimum repayments, the per-drawing cap, early repayment — are covered in inside Credicorp Flex. If you need help with a specific drawing, get in touch.

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