About us

We believe finance expands possibilities

Our story

In 2012 Christoph and James were both working in finance when they noticed that banks had slowed their lending to small businesses. Business owners faced long waits, absurdly rigid criteria, and endless paperwork; back then, the lending system just wasn’t set up for small business.

Christoph and James thought investment should generate choices and opportunities, not anxiety and frustration. So they decided to build a lending service to strip out the hassle and get to know what small businesses need. It’s instant working capital - that’s how the name iwoca was born.

Over the past eight years, we’ve funded tens of thousands of small businesses from cafés to car dealers, salons to solicitors, from the top to the bottom of the country. They use iwoca finance to invest in growth, buy new stock, hire staff, and start new projects. Our goal is to fund a million businesses and we won’t slow down after that.

Custom built for Europe’s small businesses

2011

year founded

50,000+

Customers

£900,000,000+

in total funding

"They understand what growth we need and what potential we have. It’s just a much better way of borrowing."

Charles Burch

EXF Fitness

"They understand what growth we need and what potential we have. It’s just a much better way of borrowing."

Charles Burch

EXF Fitness

"Very useful, fast and responsive. We were able to apply and draw down our funds within two days."

Tom Hyde

Brew Lab Coffee

"A loan from iwoca took one day! Really good service, polite, friendly, and efficient."

Jim O’Brien

The Change Group

Our work for small businesses