Not every funding gap is the same shape, and using the wrong product for the wrong gap is one of the most common ways businesses make borrowing more expensive or more complicated than it needs to be. The starting point is asking one question: is this a one-off need, a recurring need, or a specific bill I want to spread?
One-off, defined need: consider a Business Loan
If you need a fixed sum for a specific purpose — buying equipment, funding a project, covering a one-off large expense — a short-term business loan gives you certainty. You receive the lump sum, repay it over the agreed fixed term, and the facility closes. There is no temptation to redraw, and the repayment schedule is predictable, making it straightforward to plan around.
Recurring or unpredictable gaps: consider Credicorp Flex
If your business regularly faces timing mismatches — customers paying on 60-day terms while suppliers want 14 days, or stock orders that arrive before invoice settlements — a revolving credit facility suits the pattern better. You draw when needed, repay when cash arrives, and keep the headroom available for the next cycle without applying each time.
A single large bill you want to smooth: consider Credicorp Slice
Credicorp Slice is designed for a specific bill — a trade invoice, a quarterly tax payment, a supplier demand — that you want to spread across three or four weekly instalments at a flat 6% fee. It is not a general-purpose facility; it is a straightforward way to smooth one defined cost without committing to a longer borrowing arrangement.
If you are unsure which product fits, describe the cashflow gap to our team and we will suggest the most proportionate option.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: How to make the most of a revolving credit facility, Keeping business borrowing proportionate to revenue.