FlexiPay’s on-demand credit lets you run your cash flow, not the other way around. Set up for free when you apply directly and split costs to fit your plans. No compound interest, just fully transparent funding.
Apply as a limited company without affecting your credit score
Up to £250,000 credit limit
0% interest
Flat fee from 1.99% per use
Repay over 1-12 months
Works with any bank account
Standard bank overdrafts might come with compound interest and confusing daily charges. FlexiPay changes that. Spread any repayment over 1-12 months for a predictable flat fee from 1.99% per transaction, so you can map out future plans with certainty.
Your limit stays active in the background whenever you need to dip in, free of hidden or additional costs linked to arrangement fees and annual reviews. It’s a quick and consistent path to funds.
Bank overdrafts typically only kick in when your money runs out. FlexiPay changes this. It acts as a flexible extension to your existing business bank account, without any need to switch. Allowing you transfer funds straight to yourself to cover seasonal cash flow gaps.
Discover how your business could benefit. Spread virtually any cost with simple, transparent pricing.
FlexiPay | |
|---|---|
Pricing | 0% interest. Flat fee from 1.99% per use. No setup or renewal fees. |
Repayments | Spread costs over 1–12 months. Settle early to waive remaining instalment fees. No extra costs. |
Credit limit | Always-on. Up to £250,000. |
Setup | 3-minute online application with an instant decision and same-day payout. |
Accessibility | Sits alongside your current bank account. |
Traditional overdraft | |
|---|---|
Pricing | Confusing daily fees and compound interest. |
Repayments | Unpredictable repayment plans with immediate payback clauses or daily penalties. |
Credit limit | Typically up to £25,000*. Collateral sometimes required for higher amounts. |
Setup | Slow paperwork, manual checks, and long waits. |
Accessibility | Must be a customer of that bank to access the credit. Makes you switch your entire banking account to get credit. |
FlexiPay | Traditional overdraft | |
|---|---|---|
Pricing | 0% interest. Flat fee from 1.99% per use. No setup or renewal fees. | Confusing daily fees and compound interest. |
Repayments | Spread costs over 1–12 months. Settle early to waive remaining instalment fees. No extra costs. | Unpredictable repayment plans with immediate payback clauses or daily penalties. |
Credit limit | Always-on. Up to £250,000. | Typically up to £25,000*. Collateral sometimes required for higher amounts. |
Setup | 3-minute online application with an instant decision and same-day payout. | Slow paperwork, manual checks, and long waits. |
Accessibility | Sits alongside your current bank account. | Must be a customer of that bank to access the credit. Makes you switch your entire banking account to get credit. |
Transfer funds straight to your own business bank account and use your card virtually anywhere Visa’s accepted. It’s made to be flexible. Ultimate cash flow control could be just 4 steps away.
Apply in 3 minutes to get your instant decision - no documents needed.
Activate your account to start making payments. Funds can be in your bank account on exactly the same day**. Your brand new credit card then follows in the post.
Get what you need upfront, then pay over 1, 3, 6, 9, or 12 months. It’s just one simple, flat fee from 1.99%, per transaction. Zero compound interest.
No lock-ins because our instalments are flexible. Clear your balance early to free up your credit limit without any settlement penalty.
While an overdraft can come with unexpected charges, our 0% interest credit tool puts you a step ahead. Why not see for yourself:
| Example | You'll pay | Total repaid | |
|---|---|---|---|
| Pay in 1, fee-free (card only) | Pay €1,000 to an overseas supplier | €1,000 | €1,000, with no standard flat fee or forex fees applied when using your card |
| Pay in 3 | Spend £1,000 on office equipment | £346.63 per month | £1,039.90, with our standard flat fee applied |
| Pay in 6 | Cover a £1,000 supplier invoice | £179.98 per month | £1,079.90, with our standard flat fee applied |
| Pay in 12 | Withdraw £1,000 into your bank account | £96.66 per month | £1,159.90, with our standard flat fee applied |
Please note that the breakdown above is an example only. The actual fee your business pays is determined by several factors, including our credit assessment process
Sparkys & Hutch Electrical Limited
Southampton
"FlexiPay offers me upfront finances when I need them against future invoices that are sometimes 30 to 60 days before payment. This gives my business the flexibility to trade and take on more work, with peace of mind of consistent cash flow"
Got extra cash? Pay back early with zero penalties. Big banks sometimes penalise you for clearing balances early. If you choose to settle your FlexiPay balance or individual instalments before time, we’ll waive all future instalment fees. You only ever pay for what you use.
FlexiPay is free to set up when you apply directly at fundingcircle.com and comes with no interest or annual fees. We’ll just charge one dynamic fee on each transaction depending on the term of the instalment you choose.
If you’d like to settle your entire balance early, you’ll reduce the total cost of your instalment plan. This feature is available to customers who joined after July 2024.
FlexiPay is designed to offer more flexibility with almost any business payment. You can use it to pay recurring bills like VAT, rent, and utilities, or even make supplier payments to manage your inventory without a long-term loan commitment. You can also use your card for everyday expenses and larger purchases, both online and in-store. By paying upfront or in bulk, you might even be able to negotiate better deals with suppliers, ultimately reducing your overall costs.
The minimum bill or supplier payment is £100. There is no minimum spend on your card. Remember you cannot spend over your credit limit.
Your Visa card allows you to shop online and in store. You can also use your card abroad for international payments and we won't apply any foreign exchange fees. However, foreign card transactions are subject to Visa's exchange rates. Keep in mind that cash withdrawals and gambling transactions are not supported by this card.
Unlike a standard bank overdraft, FlexiPay is made specifically for UK small businesses. It lets you borrow up to £250,000, choose how you pay, then split the cost for a simple 1.99% flat fee per use. So you’ll avoid revolving interest and know exactly what you’ll pay upfront, every time giving you even more control over your cash flow.
You can track all of your FlexiPay expenses in the FlexiPay app or your online account. Download the app by searching for 'FlexiPay by Funding Circle' in the Apple App Store or Google Play Store. With the app, you can keep track of your spending, authorise larger card transactions and make supplier payments all within a few taps.
Staying on top of your repayments is easy with FlexiPay. You can view your upcoming payments and their due dates in the 'Repayments' or 'Billing' tab of your online account or in our mobile app.
Yes, you can access your PIN quickly and securely within the mobile app or on our website. Simply navigate to the 'Card' tab and select 'Retrieve PIN'. For your protection, the PIN will only be displayed for 20 seconds.
Some Credit Cards are covered under Section 75 of The Consumer Credit Act 1974 which provides protection to consumers when making purchases using credit cards. This makes the credit card company jointly liable with the retailer for goods and services purchased using the credit card.
However, Section 75 of The Consumer Credit Act 1974 protects private individuals, rather than businesses or other organisations and therefore Section 75 protection does not apply to transactions made using FlexiPay.
Yes, FlexiPay lets you cover virtually any international business cost upfront - wherever VISA is accepted - then spread it over interest-free instalments for a simple flat fee each time, just like you would in the UK.
If you use your FlexiPay card, you won’t be charged any foreign exchange fees (forex) for international payments. This means you won’t need to account for unexpected costs, and the price you agree online or with your supplier is the amount you’ll pay.
Sign in to your online account and head to the 'Pay' screen to pay a supplier. Then enter your business bank details into the payment form, click 'Make a Payment' and then 'Pay your bank account'. Finally, you'll be prompted to submit your request, just like a regular payment.
Yes, you are able to transfer from your FlexiPay account to the same business bank account you use to make your FlexiPay repayments.
You may borrow straight from your FlexiPay account to:
In short, yes. However, cash advances typically include a higher fee and annual percentage rate (APR) separately. You'll be charged the same flat fee to transfer funds directly from your business account, as for any other payment reason.
You can transfer funds directly to your business bank account in your online account, but will be unable to make ATM cash withdrawals using your FlexiPay card. You must not use your FlexiPay account or business credit card to pay off any loan or other debt owed to us or anyone else.
* Credit limit varies by lender.
** Your funds will be paid out on the same day if you draw down before 2pm on that day. Applies to working days only.
*** Feature available to all new customers who joined after July 2024.
