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: You agree a credit limit with us (typically £50-£500 to start, rising to £1,000 as you build a repayment history with us). You draw any amount up to your remaining limit, any time, from the portal. Interest accrues daily on the drawn balance only — the unused portion of your limit costs you nothing. You pay back at the agreed minimum each month, plus any extra you choose. Once a drawing is fully repaid, that part of the limit is free to draw again. The total cost of any single drawing is capped at 100% of the drawn amount. 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.

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: You agree a credit limit with us (typically £50-£500 to start, rising to £1,000 as you build a repayment history with us). You draw any amount up to your remaining limit, any time, from the portal. Interest accrues daily on the drawn balance only — the unused portion of your limit costs you nothing. You pay back at the agreed minimum each month, plus any extra you choose. Once a drawing is fully repaid, that part of the limit is free to draw again. The total cost of any single drawing is capped at 100% of the drawn amount. 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.

How does Credicorp Flex work? UK revolving credit

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:

You agree a credit limit with us (typically £50-£500 to start, rising to £1,000 as you build a repayment history with us).
You draw any amount up to your remaining limit, any time, from the portal.
Interest accrues daily on the drawn balance only — the unused portion of your limit costs you nothing.
You pay back at the agreed minimum each month, plus any extra you choose.
Once a drawing is fully repaid, that part of the limit is free to draw again.
The total cost of any single drawing is capped at 100% of the drawn amount.

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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