Glossary

Credicorp Flex (product)

Credicorp Flex is a revolving business credit facility: draw what you need up to a limit and repay flexibly, with cost accruing on the balance you hold for the days you hold it.

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Definition

Flex is a revolving facility rather than a one-off loan. You draw against a limit as needed and repay flexibly; interest accrues on the outstanding balance for the days it is held, so cost tracks usage. It is previewed via quote/flex and described in product_details.

In plain terms

A revolving line of business credit you draw on and repay as you like.

Why it matters here

Because it is revolving, its cost is representative, not a fixed total. Contrast the Business Loan. See products.

Funding for UK limited companies

Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.