Credicorp Slice — split business bills into instalments, not all at once.
Credicorp Slice splits a one-off business bill — a supplier invoice, a utility bill, a corporation-tax payment, an unexpected repair — into three or four manageable instalments. We pay your supplier in full today. You pay us back across the next few weeks.
Credicorp Slice
See your repayments take shape
Move the sliders to picture the plan — what you repay, the cost of borrowing, and when each payment falls due. It is an illustration, not a quote.
- You borrow —
- Cost of borrowing —
- Total repayable —
- Per payment
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- Representative APR
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Total cost is capped at 100% of the amount borrowed.
Your repayment timeline
| Payment | Due | Amount |
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Dates are illustrative, counted from today.
An illustration based on our live pricing — not a quote or an offer. Your formal quote is produced when you apply.
When Slice is the right tool
- A supplier wants paying in 7 days Stock is in the door but your customer has 30-day terms. Slice covers the gap so the supplier ships the next order on time.
- A quarterly VAT or PAYE bill HMRC wants the lump on the 31st. Slice splits it over the following three to four weeks so you do not eat your buffer.
- Kit broke and you need it back today A van, a fridge, a printer. Pay the repairer in full today, spread the cost over three to four weeks.
- A utility or insurance renewal Annual premium due in one hit? Slice puts it across the next month so the cash-flow calendar stays steady.
How Slice works
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1. Tell us about the bill
Apply in about five minutes. You give us the supplier name, the bill amount, the due date, and a copy of the invoice (PDF, photo or screenshot).
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2. We decide same-day
A real person reviews your business — turnover, trading time, recent bank conduct. We do not decide on credit score alone. Most decisions land within a working day, often within hours.
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3. We pay the supplier in full
Once you accept the agreement, we pay your supplier directly by bank transfer. Your relationship with them stays clean — no chasing, no late fees.
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4. You repay us in slices
Three or four instalments over the next three to eight weeks, collected by Direct Debit on dates you choose. Repay early any time, no penalty.
The figures, in plain English
| What | How much |
|---|---|
| Bill amount per Slice | £50 – £2000 |
| Number of instalments | 3 or 4 |
| Repayment term | Up to 8 weeks |
| Slice fee | 6% of the bill (flat, one-off) |
| Late payment fee | £12 (per missed instalment, capped) |
| Total cost cap | 100% of the bill (the regulatory backstop) |
| Personal guarantee | None. The company borrows, not the director. |
Worked example. A £600 supplier invoice with a 6% Slice fee costs you a total of £636 — repaid across four weekly instalments of £159. Pay it back early and the unused part of the fee is refunded.
Who can use Slice
- A UK limited company or LLP registered with Companies House.
- Trading for at least six months.
- A director aged 18+ with a UK address.
- A UK business bank account with at least three months of activity.
- The supplier you want paid has UK bank details.
Slice is for business expenses only — invoices, bills, repairs, tax. We will not pay something that looks personal.
Your protections
- No personal guarantee. The company is the borrower; the director is not personally liable.
- Cost cap. We will never charge you more than 100% of the bill in total.
- Early repayment is free. Pay it back any time and we refund the unused fee.
- If money gets tight, talk to us early. Same Help-with-payments page as our other products. No demand letters before we have spoken to you.
- Vulnerability-aware. If something has changed in your business — bereavement, illness, a supplier failure — we have a separate route. You will not get herded down the standard collections lane.
What is Credicorp Slice?
Credicorp Slice UK is a bill-payment finance product for UK limited companies. You tell us about a business bill you need to pay — a supplier invoice, a tax bill, an equipment repair, a utility renewal — and we pay your supplier in full today. You repay us across three or four weekly instalments. There is a single flat fee and no personal guarantee.
What bills can Slice cover? Any legitimate business expense where you have a valid invoice and a UK-based payee: supplier stock invoices, quarterly PAYE or VAT bills, equipment repair invoices, insurance renewals, utility bills. We pay businesses, not individuals, and the bill must be for your company, not personal spending.
Can you repay Slice early? Yes. You can repay a Credicorp Slice at any time, in full or in part. When you repay early, we refund the unused portion of the flat fee — so early repayment costs you less, not more.
Regulatory framing — honest about what Slice is
Credicorp Slice is short-term unsecured business credit advanced to a UK body corporate (limited company or LLP). Because the borrower is the company, not an individual consumer, the agreement sits outside the scope of regulated consumer credit under Article 60B of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.
What that means for you: Slice is not covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme. Our internal complaints process is the route for any concern; after our final response, escalation is to the courts. We voluntarily apply the same fairness standards we apply to our Business Loan and Credicorp Flex products.
Common questions
What bills can I use Slice for?
Slice is designed for one-off business expenses payable to a UK supplier or HMRC. Examples include:
- a supplier invoice where the supplier needs paying before your customer pays you;
- a quarterly VAT or PAYE bill you would rather spread over the following weeks;
- an unexpected business repair — a van, a fridge, essential equipment;
- a utility or insurance renewal due in a single payment.
The supplier must have UK bank details so we can pay them directly. We will not use Slice to pay something that looks personal.
Can I repay Credicorp Slice early?
Yes — you can repay Credicorp Slice early at any time, with no penalty and no fee.
When you settle before the final instalment, the unused part of the Slice fee is refunded. The refund is calculated from the settlement date, so the sooner you settle, the more you get back.
To settle early, sign in to the customer portal, open your Slice agreement, and choose "Settle in full now". The portal shows the exact amount needed on the date you pick.
What is Credicorp Slice?
Credicorp Slice is short-term unsecured business credit that splits a one-off business bill into three or four manageable instalments.
When you are approved, we pay your supplier in full by bank transfer — your relationship with the supplier stays clean, no late fees, no chasing. You then repay us across the next three to eight weeks by Direct Debit, on dates you choose.
Slice is for limited companies and LLPs. It is not available to sole traders or individuals.
How much does Credicorp Slice cost?
Slice charges one flat fee on the bill amount. The fee is shown to you before you sign — no surprises, no hidden costs. If you pay all your instalments on time, the total you repay is the bill amount plus the fee, and nothing else.
The only other charge that can apply is a late-payment fee if an instalment is missed. The amount is shown in your agreement, and the total cost of credit is capped, so you can never pay more than the cap however late a payment is.
There is no charge to repay early — if you want to settle before the final instalment, the unused part of the fee is refunded.
Short-term, side by side
Credicorp Flex vs Credicorp Slice
Two ways to borrow for the short term. Flex is a small revolving facility you dip in and out of; Slice spreads one specific bill over a few scheduled payments. Switch between them to weigh the terms — it’s a guide to help you choose, not a quote.
Credicorp Flex
A small revolving credit facility you can dip into.
- Facility size
- £50 – £500
- How you repay
- Draw and repay as you go
- Repayment cycle
- Every 14 days
- Minimum repayment
- 10% of the balance (at least £20)
- Best for
- Recurring, unpredictable cashflow gaps
Credicorp Slice
Pay one business bill in three or four instalments.
- Bill size
- £50 – £2,000
- How you repay
- 3 or 4 scheduled instalments
- Instalment spacing
- Every 7 days
- Flat fee
- 6% of the bill
- Best for
- Spreading one specific, known bill
These are the published product terms, not a lending decision. The application confirms what you can actually borrow.
Things you should know
- Lending is available to UK limited companies, limited liability partnerships, and public limited companies only. We do not lend to sole traders, individuals, or unincorporated partnerships.
- All applications are subject to status, affordability and credit checks performed against business credit reference agencies. We do not approve every application.
- We are a direct lender, not a broker. We never charge brokerage or arrangement fees other than the establishment fee disclosed in your pre-contract information.
- The total cost of credit on any single agreement is capped at 100% of the principal advanced. You will never repay more than double what you borrowed on a single loan.
- No personal guarantee is required or accepted. The company is the borrower. The director who signs on behalf of the company is not personally liable for the loan.
- This is unregulated business lending: a body corporate is not an "individual" or "relevant recipient of credit" under Articles 60B and 60L of the FSMA Regulated Activities Order 2001, so the loan is not a regulated credit agreement under that Order. Credicorp Limited is not authorised or regulated by the Financial Conduct Authority for consumer credit lending. Borrowers cannot refer complaints to the Financial Ombudsman Service and are not covered by the Financial Services Compensation Scheme. We operate an internal complaints procedure — please see our complaints policy.
Representative example: A loan of £200 over 30 days at a daily interest rate of 0.25% on the outstanding principal, with a £5 establishment fee, would require a single repayment of £220.00. Total amount payable £220.00. Total cost of credit £20.00.
Ready to slice a bill?
Apply in about five minutes. Most decisions land within a working day. If we say yes, we will pay your supplier directly today.
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