UENI customers can check if they qualify for a business loan in minutes.

Borrow from £1,000 to £500,000 over 24 months – or repay early whenever you like.

    Apply now

    Applying won't affect your credit score

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    £3 billion+

    approved small business loans

    70,000+

    businesses approved

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    Because we’re designed specifically for small businesses, our flexible business loans work like you do: they’re fast and hassle-free.

    Applying for a small business loan

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    1. Apply in minutes

      It takes five minutes from start to finish. We've designed our flexible business loans with small businesses in mind, so we'll just need the basics about your business to make a decision.

    2. Use your funds

      We'll approve you based on your business performance. You then transfer as much as you need to your bank account, and the funds will typically be in your account in hours.

    3. Repay or top up

      We don't charge early repayment fees: we only charge interest for the days you have the money. If you need more funds, applying for a top up is easy. As your business grows your credit limit will too.

    Apply now

    Applying won't affect your credit score

    We keep our prices simple

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

    6 monthly repayments of £1,120

    Total repayment of £31,685(3.33% interest rate per 30 days)

    Borrow up to £500,000
    For up to 24 months
    Borrow £0000

    This loan calculator is only an example, your actual rate for your business loan 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.

    We have different flexible business loans available to suit your needs

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    Frequently Asked Questions

    Here is a bit more information we think might help. If you want to know more about flexible business loans, or iwoca, check our FAQs

    What is iwoca?
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    Over the past seven years iwoca has grown from a small start-up to one of the fastest-growing business lenders in Europe. Now we're a team of more than 300 working towards the goal of funding one million small businesses.


    How are you different from a bank?
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    Even though we offer business 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.


    Can I repay my business loan early?
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    Yep, some of our customers repay early to save on interest. If you want to make extra repayments or pay off your business loan early we won't charge you any fees. (And don't worry - you’ll never find any sneaky small print surprises with us.)


    What happens if I can't make a repayment?
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    Let us know as soon as possible if you think you might have payment difficulties, we’ll work together to find a solution. Read more


    What is a Flexi-Loan?
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    Straightforward applications and quick decisions - our Flexi-Loan is great for businesses who weren’t affected by coronavirus or are starting to get back on track. We designed this flexible business loan with small businesses in mind. It takes five minutes to apply. We'll approve you based on your business performance. Use your funds then repay or top up.


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    Questions? We're here to help

    Call us at 020 3778 0274 from Monday to Friday (9am - 6pm). We can take your business loan application over the phone, or answer your questions about applying online.