Yes. One of the core features of Creditcorp Flex is that repayments restore your available limit, making the capacity available to draw again. There is no cap on how many times you can cycle through the facility during its term.
How repayments restore capacity
Your available limit at any point is your total approved limit minus your current outstanding balance. When you make a repayment — whether a partial or full repayment — that amount is added back to your available limit. For example, if your limit is £40,000 and you have drawn £25,000, you have £15,000 available. A £10,000 repayment pushes that to £25,000 available.
Partial versus full repayments
You can make partial repayments at any time — you are not required to clear the full balance before drawing again. This makes Flex particularly useful for businesses that want to maintain a standing drawn balance while topping up or paying down as cash flow allows.
Is there a cooling-off period between draws?
There is no mandatory waiting period between a repayment and a subsequent drawdown. Once a repayment is processed and your available limit is updated, you can request another drawdown. In practice, processing time for the repayment to clear determines how quickly the capacity is restored — your account dashboard will show your current available limit in real time.
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 do I draw funds from my Flex limit?, How is interest charged on Creditcorp Flex?.