FlexiPay | Corporation Tax | Funding Circle
VAT bill due? Cover it with FlexiPay
Our flexible credit line’s much more than a one-off fix. It’s a rechargeable tool that lets you split those big costs and dip into it again and again. So you can cover today’s HMRC bill, and any after that.
Apply with a decision in 3 minutes Check your credit limit for free
Apply as a limited company without affecting your credit score
- No interest or hidden charges
- Flat fee from 1.99% per use
- Repay over 1-12 months
- FCA-regulated company
Get quick funds on-demand
When cash flow fluctuates and that HMRC bill reaches your inbox, time’s often of the essence. Skip the anxious waits and slow-nos you might get with the banks. Apply in 3 minutes with instant approval, then let your credit do the rest.
Keep hard-earned cash in your pocket
Why drain your own money on tax bills? When it comes to running a business, we know that your personal reserves are precious. That’s why FlexiPay gives you freedom to pay upfront and keep your cash buffer safe for another day. Think of it as the ultimate cash flow safety-net.
Your credit replenishes
Plan beyond the current corporation tax payment with a reliable flow of capital that carries on revolving. Once you pay back, your limit charges up for the next quarter - primed for future deadlines. Business rates, national insurance or unexpected invoices, cover it all.
Extra hurdles, removed
FlexiPay’s designed to make things easy. Access credit or see all your costs in one place via your online account or app, then pay bills on the spot. All directly in your name. No interest, hidden costs or nasty surprises.
Split your business tax bill and pay on your terms | FlexiPay - YouTube
Split your business tax bill and pay on your terms FlexiPay
How FlexiPay works
Get a decision on a credit limit up to £250,000 without affecting your credit score.
1
No waiting around
Apply online in 3 minutes with an instant decision, and start using your credit straight away. Your brand new credit card then follows in the post.
2
Make a payment
Pay off your tax bills and split the cost over 3, 6, 9, or 12 months, with just a flat fee from 1.99% per transaction. No compound interest.
3
Your limit recharges
Sit back and watch your flexible credit line replenish each time you use it. Ready to cover your next VAT payment.
4
Pay back early and save*
Clear your balance early to waive remaining instalment fees. You’ll only pay for what you use. Zero penalties.
How much does FlexiPay cost?
- FlexiPay is free to set up when you apply directly at fundingcircle.com and comes with no interest or annual fees. We charge a simple flat fee each time you use it.
- We'll assess your business and set your fee amount when you apply, with fees from 1.99%, depending on how many instalments you choose.
- If you’d like to settle your entire balance early, you’ll reduce the total cost of your instalment plan*.
Frequently asked questions
How much does FlexiPay cost?
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.
What can I use FlexiPay for?
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.
What size payment can I make with FlexiPay?
The minimum bill or supplier payment is £100. There is no minimum spend on your card. Remember you cannot spend over your credit limit.
Where can I use my FlexiPay card?
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.
Can I track my expenses?
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.
Where can I see upcoming repayments?
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.
Can I view my PIN on the go?
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.
What cover do I get with FlexiPay card?
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.
Can I use my card abroad and what will I be charged?
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.
How do I start to pay my bank account with FlexiPay?
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.
Am I eligible to pay my bank account with FlexiPay?
Yes, you are able to transfer from your FlexiPay account to the same business bank account you use to make your FlexiPay repayments.
Why would I pay my bank account with FlexiPay?
You may borrow straight from your FlexiPay account to:
- Pay suppliers in cash, when they request it
- Transfer funds to cover direct debit payments
- Cover bulk purchases or one-off expenses
- Fund your petty cash for day-to-day needs
Is this the same as a cash advance?
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.
Are there any limitations?
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.
* This feature is available to customers who joined after July 2024.