About us

We believe finance expands possibilities

Our story

iwoca was founded to expand possibilities for small businesses.

When small businesses go to traditional lenders they're forced to deal with long waits, endless paperwork, absurdly rigid criteria, and impersonal bureaucracies. That means the UK’s five and a half million small businesses struggle to get the finance they need - limiting the potential of both the business and the economy.

At iwoca, we believe finance should feel like a superpower, not a headache. That’s why our founders, Chris and James, decided to create a solution custom-built for small businesses. One that strips out the hassle, gets to know what each business needs, and looks for opportunities rather than problems. One that provides access to finance where and when your business needs it.

Since 2012, we’ve made funding available to over 50,000 businesses, from cafés to car dealers, salons to solicitors. But we’ve only just started. Our mission is to fund one million small businesses.

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