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:
- Sign in to the customer portal.
- Open the Flex panel — it shows your agreed limit, current drawn balance, and remaining headroom.
- 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.
- Confirm. We run a quick eligibility check (limit still in date, no holds on the account) and issue the drawing.
- 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.