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Credicorp Slice
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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, such as a van, a fridge or 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.