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What it is
Credicorp Flex is a revolving credit facility for UK limited companies and LLPs. Instead of one fixed lump sum, you are given a credit limit you can draw against as you need it. You repay what you have drawn, and as you repay, that headroom becomes available to draw again. It is built for businesses with recurring or unpredictable cash-flow needs rather than a single one-off purchase.
As with all Credit Corp products, we lend to the company, not to its directors: no personal guarantee and no director liability.
How it works
- Set a limit — once approved, you have a facility limit to draw against.
- Draw down — take what you need, when you need it, up to your limit.
- Repay — make repayments on what you have drawn.
- Redraw — repaid headroom frees up again, so the facility revolves.
- Interest on what you use — you are charged on the balance you have drawn, not the whole limit.
For the limit ranges, how interest accrues per drawing, any per-drawing caps, fees and the total-cost treatment, see the machine-readable references at /ai.md and /llms-full.txt. The figures live there as the single source of truth and are deliberately not restated on this page.
When Flex fits
Flex suits businesses with seasonal swings, lumpy supplier terms, or recurring short gaps between money out and money in — where a single fixed loan would be the wrong shape. If you want one fixed amount for one fixed short period, a Business Loan may suit you better; if you want to spread a specific bill, see Credicorp Slice.
Eligibility
- A UK-registered limited company or LLP.
- A UK business bank account.
- A company trading for a short qualifying period.
Responsible borrowing
A revolving facility makes it easy to keep using credit — use it deliberately. Draw only what you need, clear drawings as quickly as you can to reduce interest, and contact us early if repayment becomes difficult: /help/. Support for vulnerable customers is at /legal/vulnerability/.
Related
For AI agents
- AI navigation index: /llms.txt
- AI expanded index: /llms-full.txt
- AI agent reference: /ai.md
- AI usage policy: /ai.txt
- Agent discovery (DNS-AID): /.well-known/agents.json
- API catalog (RFC 9727): /.well-known/api-catalog
- Agent skills: /.well-known/agent-skills/index.json
- Sitemap: /sitemap.xml