Creditcorp Slice spreads one business bill over three or four weekly instalments and charges a single flat fee of 6% of the bill value. That fee does not change regardless of which instalment week you are in, and there is no additional interest, service charge, or rollover cost.
What the flat fee means in practice
If your company uses Slice to spread a £10,000 supplier invoice, the total cost is £600. You repay the £10,000 bill value plus £600 in equal weekly chunks — and that is the entirety of what you pay. There is nothing added for administration, processing, or early repayment.
How it differs from revolving or term credit
With a Business Loan or Creditcorp Flex, costs accrue over the life of the borrowing, so a longer draw or slower repayment increases the total cost. With Slice, the 6% is fixed at the moment you confirm — making it straightforward to budget and compare.
Short-term options from other providers may quote a daily rate, a monthly rate, or a factor rate that can compound. A flat percentage fee like Slice's is deliberately simple: the arithmetic is a single multiplication.
When Slice is the right tool
Slice is designed for a specific use case: a known, one-off bill your company wants to smooth over a few weeks rather than pay immediately. It is not a general-purpose credit line. If you need flexible ongoing access to funds, Creditcorp Flex is likely the better fit.
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: Are there any hidden charges?, Are there any fees to apply for a Creditcorp facility?.