Credicorp Flex director note: Premises Costs

Premises costs can combine rent, rates, repairs and safety work in the same trading month. Treat the borrowing as a job to be done, not as extra revenue.

Credicorp Flex belongs in the comparison when premises costs 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.

Check rates relief, valuation and safety duties before treating the whole pressure as borrowing. 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
• Types of business rates relief GOV.UK
• Find a business rates valuation GOV.UK
• Managing risks and risk assessment at work Health and Safety Executive

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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.