Business loans. Simplified

Borrow £1,000 - £200,000 with a Flexi-Loan: money you can use to buy new stock, 
invest in growth plans or just keep your cash flow smooth.

Borrow £1,000 - £200,000 for cash flow, stock or investments. Fast and fair decisions.


Trustpilot • 4,439 reviews

24 hours

to get a decision

No fees

for repaying early

Your own

account manager


Trustpilot • 4,439 reviews

24 hours

to get a decision

No fees

for repaying early

Your own

account manager

How our Flexi-Loan works

Apply online in minutes

Applying for a loan takes five minutes, and if you get stuck, you’ll have your own account manager on hand to help.

Get a decision in a day

If you’re approved, you can transfer as much as you need over to your bank. The money should hit your account in hours.

Repay at your pace

These loans last twelve months, but if you’re ready to repay earlier, good for you: we’ll never charge a fee for that.

We keep our prices simple

Simple Pricing

We’ll only charge interest on your outstanding balance for the days you’re using your loan – no hidden fees, no long-term commitments. Our rates start at 2% a month, depending on your business.

6 monthly repayments of £1,866

Total repayment of £11,197(3.33% interest rate per 30 days)

Borrow up to £200,000

For up to 12 months

Need help? call us

This loan calculator is only an example, your actual rate will vary based on your circumstances. Here’s another example. If you borrowed £10,000 for 12 months at 49% representative APR, with an interest rate of 40% p.a. (variable), then, all in all, the total amount you’d repay would be £12,294.

Looking for the Coronavirus Business Interruption Loan Scheme (CBILS)? Learn more

Why iwoca?

Clear prices

You'll only pay interest for the days you have your funds. No hidden fees or charges.

Real people

When you call, you'll get straight through to someone in our UK team – we don’t believe in hold music.

No paperwork

Applying for a loan with us takes five minutes. Just connect your accounts and get a decision in minutes.

Fair decisions

We know your business is more than a credit score, so we look at your overall performance when we make our decisions.

Want to know more?

Here are some questions our customers ask. If there’s anything we haven’t covered here, check our FAQ

We only run soft credit checks which means applying won’t affect your credit score. But if you decide to draw down funds from us, the loan will show up on your credit report.

Yep, some of our customers repay early to save on interest. If you want to make extra repayments or pay off your loan early we won't charge you any fees. We don’t believe in hidden fees either, so you’ll never find any sneaky small print surprises.

Even though we offer loans, we’re not a bank. We’re an independent company custom-built for small businesses – and our goal is to provide straightforward access to finance where and when your business needs it.

It takes 5 minutes to apply and in almost all cases you'll get a decision in 24 hours.

Generally, they put the money to short term investments, like extra stock. Or they use it to help with cash flow, like if they're waiting on an invoice.

Once you've paid back a third of your original credit limit, applying for a top up is easy. We'll just need updated information about your business.


Stephen Gee

Gee Ski Ltd

You think you’ve thought of everything, then something else crops up. That’s where iwoca came in, to help us bridge those gaps.

Ian Hoyos

Champs Barbers

When you’re a small business you need to move fast. Dealing with banks is a long process. Dealing with iwoca was definitely a lot more efficient.

Carl Douglas

Carl Douglas Racing Shells

iwoca’s funding allowed us to get on with the job, when otherwise we would have run into a brick wall. It’s a friendly relationship. The simplest possible process with the greatest help.

Tracy Sambrook

SEB Brewing

With iwoca, we could keep investing in kit, equipment and a new facility. So we could keep our standards high.

Tom Seaton

Crate Bars Ltd.

iwoca was definitely the simplest loan I’ve ever taken out in my life. Last year we launched our product in Tescos and needed more working capital. iwoca helped us do that.

Jonathan Hamp


What I like about iwoca is the quick turnaround. It gives you a sense of security.

Loved by over 50,000 small businesses (and big names) since 2012

Tom Hyde

Brew Lab

We have a good relationship with our bank, but the bank moves really slowly. That’s why iwoca is so useful. They’re very fast and very responsive.

Tim Law

Simply Plants

The process has been easy, uncomplicated and very quick. Their service is excellent with regular contact and support. I highly recommend this company for any business that needs finance.

Cecilia Downer

Nails and Cocktails

With iwoca's reasonable rates and amazing staff, we were able to quickly obtain a loan to purchase equipment before our grand opening. Sophie was very supportive and walked us through the process.

Mash Seriki

Healthcare Learning Ltd

The speed at which iwoca can respond to us is critically important for us to put on a fantastic program. They understand that you can blend technology with that human interaction.

Olivia Smith

Olivia and Pearl

iwoca was a breath of fresh air. We got an okay on our loan within a couple of days and they went above and beyond to help me get our project off the ground.

Alex Harris

Behind This Wall Ltd

Borrowing for business can be intimidating but iwoca have always been on hand for me to provide flexible options. They take the stress out of cash-flow issues and allow you to focus on what you do best.

Customer support

Questions? Speak to a real person

Small business loans are all we do, so you'll get straight through to someone who can help, like Lisa – we're not fans of hold music. Call us from Monday to Friday (9am - 6pm). We accept applications over the phone.