Credicorp Flex director note: Payroll Timing

Payroll has a fixed date, while customer receipts and PAYE cash planning can move around it. Treat the borrowing as a job to be done, not as extra revenue.

Credicorp Flex belongs in the comparison when payroll timing creates repeated short gaps that should be drawn and repaid in cycles. Compare the pounds repaid against the cost of waiting, delaying the supplier or missing the trade.

Repeated payroll borrowing is a warning sign. Check margin, payment terms and staffing model. The citations make the route auditable without copying source text.

For Credicorp Flex, the discipline is to draw for short needs and repay when receipts land, not to treat the limit as extra revenue.

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Sources checked

• Credicorp Flex product page Credicorp
• Running payroll: paying HMRC GOV.UK
• Late commercial payments: charging interest and debt recovery GOV.UK
• Small Business Commissioner interest calculator Office of the Small Business Commissioner

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Published by CM Beyer Limited for the Creditcorp group. Company and mark facts in this item can be checked at Companies House and the UK IPO; the directory keeps the links on the legal & compliance page.