Here’s how to use it effectively and get the most value from the product
Bulk purchase power: Purchase stock and materials in bulk.
Use it to pay suppliers or business expenses upfront
FlexiPay can be used for most business costs - supplier invoices, stock, materials, subcontractors, equipment, marketing spend, tax bills or general operating expenses.
You can choose for FlexiPay to pay:
- a supplier or invoice directly,
- your business account, allowing you to make the payment yourself
- your supplementary FlexiPay card, which enables you to make eligible business purchases directly.
Importantly, your supplier sees the payment as coming from your business.
The transaction appears exactly as if you paid it yourself, with no indication that external credit has been used.
Growth funding: Fuel business expansion and support strategic growth initiatives.
Choose a repayment term that matches the purpose
Each time you draw down from your limit, you select the repayment term that best fits the nature of the transaction and your expected cashflow: 1, 3, 6, 9 or 12 months
Each drawdown has a simple fixed fee (not interest). Choosing the right duration ensures you only pay for the time you genuinely need.
Examples:
- Long-term investment (e.g. new website, equipment): You might choose 9–12 months, giving your investment time to generate value before it is fully repaid.
- Short cashflow gap (e.g. waiting on a confirmed 60-day customer payment): 3 months may be more appropriate - matching repayment to when you expect funds to arrive, and keeping the fee lower.
This approach ensures you’re not over-paying for the time required.
Subscription & services financing: Flexible financing for software, subscriptions and professional fees.
Reuse your limit as you repay
As you make your monthly repayments, your available credit automatically refreshes.
You can draw down multiple times, as long as you stay within your approved limit.
Example:
If you draw £10,000 over 6 months, you repay in 6 equal instalments. After each instalment, that part of your limit becomes available again.
Direct tax & VAT Payments: Facilitate direct payments to HMRC for tax and VAT obligations.
Early Repayment
You can repay early at any time to free up your credit limit sooner.
Please note:
There is no rebate on the fixed fee, even if you repay ahead of schedule. Early repayment is useful if you want rapid access to your limit again for a new purchase or supplier payment.
Asset acquisition: Support asset finance purchases
