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Bridging Loan vs Flex vs Slice.
Credicorp offers three short-term products, each built for a different shape of need: a one-off lump sum, a revolving line you draw and repay, and a way to spread a supplier bill. Here's how all three compare, and how to tell which one fits the job in front of you.
These three aren't rivals so much as different tools for different jobs. The Bridging Loan is for a one-off gap you can name; Flex is for uneven, recurring cash needs; Slice is for a specific supplier bill you'd rather spread. Pick by the shape of the need, not by the headline.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. Credicorp offers all three of these products — the Business Bridging Loan, Credicorp Flex and Credicorp Slice. This page is a guide, not an application — when you're ready, applying happens on the lender's own site, credicorp.co.uk, and you can compare them there too at credicorp.co.uk/compare.
Throughout, the borrower is the company — a UK private limited company (Ltd), LLP or PLC — not the director who signs. No personal guarantee, no charge over a home, no personal credit check on a director, on any of the three. These are not personal loans, payday loans or sole-trader finance.
Side by side
These are the lender's published terms and can change — check the live product pages before you apply.
| Business Bridging Loan | Credicorp Flex | Credicorp Slice | |
|---|---|---|---|
| Shape | A one-off, fixed-term lump sum | A revolving facility you redraw | A supplier bill split into instalments |
| Amount | £50 – £500 | £50 – £500 | £50 – £2,000 |
| Term | 14 – 84 days, fixed up front | Ongoing, in 14-day cycles | 3 or 4 instalments over up to 8 weeks |
| Pricing | 0.25% per day on the principal | 0.25% per day on the drawn balance only | A flat 6% fee on the bill |
| Set-up fee | £5 | £5 on the first drawing | None beyond the flat fee |
| Repayment | Settled within the fixed term | Min 10% of the drawn balance or £20, whichever is greater, each 14-day cycle | Equal instalments across the term |
| Late charge | Within the capped cost | Within the capped cost | £12 if an instalment is late |
| Cost cap | 100% of the principal | 100% per drawing | 100% of the bill |
| Best for | A known, one-off cost | Uneven, recurring cash needs | Spreading a specific supplier bill |
| Personal guarantee | None | None | None |
| Borrower | The company | The company | The company |
What each one is for
The simplest way to choose is to match the product to the shape of the need: one-off, recurring, or a specific bill.
Business Bridging Loan — a one-off lump sum
Use it when the need is a single, known cost you can repay within a short window — a confirmed stock order, a supplier deposit, a repair you can't trade without. You borrow a set amount of £50 to £500 over a fixed term of 14 to 84 days, the cost is 0.25% per day on the principal with a £5 fee, and the total is capped at 100%. One sum, one term, then done.
Credicorp Flex — a revolving line
Use it when cash needs are uneven and recurring, and you'd rather draw and repay in cycles than take a single lump sum. Flex is a £50 to £500 facility: draw what you need, pay 0.25% per day on the drawn balance only, repay at least 10% of that balance or £20 — whichever is greater — each 14-day cycle, and redraw as you go. The £5 fee applies on the first drawing, and the cost per drawing is capped at 100%.
Credicorp Slice — spreading a supplier bill
Use it when the cost is specifically a supplier invoice you'd rather not pay all at once. Credicorp pays your supplier in full today, and the company repays the bill — £50 to £2,000 — across three or four equal instalments over up to eight weeks, for a flat 6% fee. A late instalment carries a £12 charge, and the cost is capped at 100%. It's the most targeted of the three: a bill, spread.
When each one fits
None is better in the abstract — each is built for a different shape of need.
The Bridging Loan fits when…
The need is one-off and you can name the figure — a stock order, a deposit, a repair — and you want a set sum over a set term, settled within weeks, with the cost fixed and capped.
→ Credicorp Business Bridging LoanFlex fits when…
Cash needs are uneven and recurring, and you'd rather draw, repay and redraw in cycles, paying only on what you've drawn, than take a single lump sum.
→ Credicorp FlexSlice fits when…
The cost is a specific supplier bill — £50 to £2,000 — that you'd rather spread over a few weeks at a flat fee, with the supplier paid in full today.
→ Credicorp SliceThe company borrows — not you
One thing holds true across all three. Whichever product fits, the agreement is between Credicorp Limited and your company, so none of them adds to what's pinned to your own name. The Bridging Loan, Flex and Slice are alike on this point.
- No personal guarantee — the company is the borrower, full stop, on every product.
- No charge over your home — your house isn't security for any of them.
- No personal credit check on a director — the lender looks at the business, not your own file.
- Bodies corporate only — UK Ltd, LLP or PLC, never a sole trader or an individual.
This is exempt business lending under Article 60B of the FSMA Regulated Activities Order 2001, not consumer credit. The full regulatory position is set out on the group site, creditcorpgroup.co.uk.
A worked example
An illustration, not a real customer — just to show how the three split apart.
Picture a company facing three different cash situations across a quarter. First, a one-off £400 supplier deposit to lock in a confirmed order, with the cash to clear it landing in about six weeks. Second, a run of small, uneven outgoings through the month that come and go as money cycles in and out. Third, a single £1,200 supplier invoice it would rather not pay all at once.
Each situation points to a different product. The one-off deposit suits a Business Bridging Loan — a set sum over a set term, settled when the customer pays. The uneven monthly outgoings suit Flex — draw, repay and redraw in cycles, paying only on what's drawn. The single invoice suits Slice — the supplier paid in full today, the bill spread over a few weeks at a flat fee. And across all three, the agreement is with the company, so the director gives no personal guarantee.
Common questions
The questions directors ask when choosing between the three. For anything specific to your business, the lender's team are at credicorp.co.uk.
What are the three Credicorp products?
A Business Bridging Loan, Credicorp Flex and Credicorp Slice. The Bridging Loan is a short, fixed-term lump sum of £50 to £500 over 14 to 84 days. Flex is a revolving facility of £50 to £500 you draw, repay and redraw, paying 0.25% per day on the drawn balance only. Slice splits a supplier bill of £50 to £2,000 into three or four instalments over up to eight weeks for a flat 6% fee. All three are to the company, with no personal guarantee.
Which one should my company choose?
It depends on the shape of the need. Choose the Bridging Loan for a one-off, known cost you can repay within a short window — a stock order, a deposit, a repair. Choose Flex for uneven, recurring cash needs you want to draw and repay in cycles. Choose Slice when the cost is specifically a supplier bill you would rather spread over a few weeks. If you are unsure, the side-by-side table and the use cases on this page are meant to point you to the right one.
How does the cost work on each?
The Bridging Loan charges 0.25% per day on the outstanding principal, with a £5 fee, capped at 100% of what you borrow. Flex charges 0.25% per day on the drawn balance only, with a £5 first-drawing fee, capped at 100% per drawing. Slice is a flat 6% fee on the bill, with a £12 charge if an instalment is late, and its cost is also capped at 100%. Each is set out up front so you can total it before you commit.
Can I use more than one?
They are designed for different jobs, so a company might sensibly use different products at different times — a Bridging Loan for a one-off gap, Flex for a recurring cycle, or Slice for a specific supplier bill. Whether you can hold more than one at once, and on what terms, is a matter for the lender to assess. The live product pages set out each one, and the lender's team at credicorp.co.uk can talk through what fits your company.
Do any of them need a personal guarantee?
No. All three agreements are between Credicorp Limited and your company — a UK limited company, LLP or PLC — so none of them carries a personal guarantee, a charge over a home or a personal credit check on a director. The company is the borrower in every case. That is the same across the Bridging Loan, Flex and Slice.
Is this consumer credit or a payday loan?
Neither. This is business credit to a body corporate, not consumer credit, and it is not for sole traders or anyone borrowing in their own name. Under Article 60B of the FSMA Regulated Activities Order 2001, lending to a UK company sits outside the consumer-credit regime. The full position is on the group site, creditcorpgroup.co.uk.
More general questions are answered on the FAQ, and the whole journey is on the how-it-works overview.
Other comparisons
If you're weighing a Credicorp product against an outside option, these may help.
- Business Bridging Loan vs a business overdraft — a fixed-term lump sum against an on-demand buffer.
- Credicorp Flex vs a business credit card — two revolving routes, side by side.
- Credicorp Slice vs invoice finance — paying a supplier bill versus borrowing against money owed to you.
Or see all three Credicorp products on the products page, and compare them on credicorp.co.uk/compare.
Ready when you are
Once you know which of the three fits, applying, drawing down and managing your account all happen on the lender's site, credicorp.co.uk.