# Bridge vs Flex vs Slice: which Credicorp product?

Comparing the Credicorp Business Bridging Loan, Flex revolving facility and Slice invoice-backed credit — when to use each, how the cost structures differ, and a decision guide for UK company directors.

**Site:** [creditcorp.co.uk/learn/bridge-vs-flex-vs-slice/](https://creditcorp.co.uk/learn/bridge-vs-flex-vs-slice/)

Creditcorp is the growing name for the Credicorp group. Credicorp Limited is the lender behind it — short-term working capital for incorporated UK businesses. No personal guarantee on any product. This page is a guide; applications go to [credicorp.co.uk](https://credicorp.co.uk/).

## Contents

- The three products at a glance
- When to use each product
- Decision guide: five questions
- Product comparison questions
- Related guides
- Ready to apply?

## Step-by-step guide

**Step 1: Identify the nature of the funding need**

Is this a one-off, specific lump sum — restocking, a supplier deposit, an urgent repair? Or is it recurring access to working capital, needed periodically across the year? Or is it tied to a specific confirmed invoice? Your answer points to Bridge (one-off lump sum), Flex (recurring/revolving), or Slice (invoice-backed).

**Step 2: Check how the repayment will arrive**

For the Bridging Loan: can the company commit to repaying the full amount at the end of a fixed term (up to 84 days)? For Flex: does the company need to draw, repay and draw again over time? For Slice: is there a specific large invoice the company is waiting to be paid? The repayment source and structure drive the right product choice.

**Step 3: Compare total cost for your specific amount and term**

For Bridge/Flex: principal × 0.25% per day × expected holding days + £5 (Bridge) = total cost. For Slice: invoice amount × flat fee rate = total cost (fixed, time-independent). Calculate the actual pounds for your specific scenario. If you expect to repay quickly, Bridge and Flex both reward early repayment; Slice does not — the fee is fixed regardless.

**Step 4: Consider whether you need ongoing availability vs a single draw**

If the company is likely to need working capital periodically over the next several months — for example, to fund recurring stock purchases or to smooth a seasonal trough — Flex provides ongoing availability without closing the facility after each draw. A Bridging Loan closes and requires a new application each time.

**Step 5: Apply for the product that fits at credicorp.co.uk**

Once you have identified the right structure, apply at credicorp.co.uk. The application process is the same across products. The company bank data, bureau data and Companies House record are assessed against the specific product and amount applied for. A decision is typically available the same working day.

## Frequently asked questions

**What is the main difference between the Bridging Loan and Flex?**

The Bridging Loan is a single lump-sum drawdown with a fixed term. You borrow a set amount, repay it in full at the end, and the facility closes. Flex is revolving: you have a set credit limit, you can draw against it, repay it (partly or fully), and draw again — the available balance replenishes as you repay. Use the Bridging Loan for a one-off lump-sum need; use Flex when you need recurring or uncertain access to working capital.

**When does Slice make sense instead of Bridge or Flex?**

Slice is backed by a specific confirmed invoice or receivable — it is advance funding against money already owed to the company. If the company has a large confirmed invoice outstanding and needs cash before the customer pays, Slice is structured around that specific receivable. Bridge and Flex are general working capital products not tied to a specific invoice.

**How does the cost structure differ across the three products?**

The Bridging Loan charges 0.25% per day on the outstanding balance plus a £5 establishment fee. Flex charges 0.25% per day on the drawn balance — if no balance is drawn, no interest accrues. Credicorp Slice charges a flat fee on the invoice amount — a fixed percentage charged once, regardless of how long the advance runs. Bridging and Flex costs are time-based; Slice cost is fixed at the outset.

**Can a company hold Bridge and Flex at the same time?**

This depends on the assessment and Credicorp's current eligibility criteria. Both facilities appear in the credit assessment. An existing Flex balance would be visible as a commitment when a Bridging Loan application is assessed. The practical answer is to check with Credicorp directly at the time of application.

**Which product is subject to the 100% cost cap?**

The 100% cost cap applies across all three Credicorp products — total charges can never exceed 100% of the principal drawn (or invoice amount for Slice). This cap is absolute and applies regardless of product type.

## About Creditcorp / Credicorp

Credicorp Limited is a UK short-term business lender. Products: Business Bridging Loan (14–84 days, 0.25%/day), Credicorp Flex (revolving credit, 0.25%/day on drawn balance), Credicorp Slice (invoice-backed, flat fee). Incorporated UK companies and LLPs only. No personal guarantee. No debenture. Same-day decisions. Total charges capped at 100% of principal.

- [Apply or get a quote](https://credicorp.co.uk/)
- [Products overview](https://credicorp.co.uk/products/)
- [Eligibility](https://credicorp.co.uk/eligibility/)
- [All learn guides](https://creditcorp.co.uk/learn/)