• Flat fee (6% of the bill)
  • Number of instalments
  • Each instalment
  • Total to repay

A single 6% flat fee, no interest. Instalments run over up to eight weeks by Direct Debit on dates you choose. Early repayment is free and any unused portion of the fee is refunded. A £12 late fee applies per missed instalment (capped). Total cost is capped at 100% of the bill.

Slice in one line

The supplier is paid in full on day one; your company repays Credicorp over the plan. It suits a specific invoice you would rather spread than pay in one go. For the difference between spreading a bill you owe and borrowing against invoices owed to you, see paying suppliers in instalments and invoice finance explained.