How to apply for the FlexiPay Line of Credit?
Learn how simple it is to apply for the FlexiPay Line of Credit and start thinking of growing your business by spreading costs and freeing your cash flow.
Apply for a FlexiPay Line of Credit: check your eligibility with no impact on your credit score
If you own or manage a business, you should take a minute to look at how easy it is to apply for a FlexiPay Line of Credit.
But before proceeding with a prequalification, check out all the benefits you can get from a line of credit featured by FlexiPay.
Firstly, you will access good credit limits that range from £2,000 to £250,000. Also, there are no annual or set-up fees or even interest.
Then, all you need to do is access your account and enter your invoice, Flexipay will pay it on your behalf, and you will need to repay it in up to three months at a very reasonable flat fee of 4.5%.
In essence, you will gain space to free your cash flow while spreading the business costs, including VAT, energy, supply purchases, and more.
In addition, FlexiPay offers an eligibility check so that you don’t need to worry about impacting your credit score.
Now, learn how simple it is to prequalify and apply for the FlexiPay Line of Credit.
Online Application Process
Before applying for a line of credit, check your eligibility.
So, all you need to do is choose the type of your business. It is important to apply as a limited company in order not to affect your credit, although you will be able to apply as another type of entrepreneur.
Then, fill out the company’s basic information as well as your personal details.
The application takes only a few minutes to be concluded.
You will be redirected to another website
Application Process using the app
Use the official website to prequalify and apply for a FlexiPay Line of Credit, as mentioned above.
FlexiPay Line of Credit vs. American Express Platinum Cashback Everyday Credit Card
As can be seen, if you own or manage a business, a credit line from FlexiPay might be a very good deal for you to free your cash flow and finally grow.
However, if you are looking for a credit solution for yourself, check out the recommendation below.
|FlexiPay Line of Credit||American Express Platinum Cashback Everyday Credit Card|
|Credit Score||–||Good – Excellent|
|APR||–||28.1% (variable) |
+ Rates & Fees
+ Rates & Fees
|Fees||–||Cash advance: 3% (£3 minimum)|
Balance and money transferFee: 3% of the amount of the transfer
Copy statement fee: £2 for each additional copy
Foreign usage: non-sterling transaction fee – 2.99%
Late Payment: £12
Returned Payment: £12
+ Rates & Fees
|Welcome bonus||–||5% cashback on purchases within the first 3 months (up to £100)|
|Rewards||–||0.5% cashback on spending (up to £10,000 within a year);|
1% cashback on spending (above £10,000 within a year)
Then, if you are interested in accumulating rewards, learn how to apply for an American Express Platinum Cashback Everyday Credit Card.
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