Some costs arrive as a single, large demand that the business has not had time to accumulate cash for — a quarterly VAT bill, a trade supplier invoice, a lump-sum renewal. Creditcorp Slice is designed specifically for that shape of problem: one bill, spread into manageable weekly instalments, at a flat 6% fee with no hidden charges.
How it works in practice
You present the bill you want to spread. Creditcorp pays the amount to you or directly to the recipient, and you repay across three or four equal weekly instalments. The total cost is the original bill plus 6% — that is the complete cost, regardless of whether you repay in three weeks or four. There are no additional fees for the shorter repayment schedule.
When Slice is the right choice
- You have a specific, identifiable bill rather than a general cashflow shortfall.
- You expect to have the repayment cash within three to four weeks from regular trading income.
- You do not want to open or draw on a revolving facility for a one-off need.
- The 6% flat fee is acceptable relative to the cost of missing or delaying the original payment.
When Slice is not the right choice
If the cost you want to spread is a symptom of a recurring cashflow gap rather than a one-off timing mismatch, Slice will provide short-term relief but the same problem will recur next quarter. In that case, a revolving facility such as Creditcorp Flex — which you can draw and repay repeatedly — is a better structural fit. Similarly, if you need more than four weeks to repay, a short-term business loan over a fixed term may be more appropriate.
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: Matching finance to the right business need, Managing repayments alongside monthly cashflow.