New Broker Platform Released

iwoca is pleased to announce that today we unveiled our brand new broker platform. This newly developed piece of kit allows financial brokers to submit a client’s application within five minutes through a personalised dashboard, where they can also can track all previous approvals. Funds are typically made available to a client within hours of completing an application.

Our head of Broker Sales, Pervin, had this to say about it:

“Demand for alternative business funding is growing on a daily basis and iwoca’s new broker portal gives brokers the opportunity to benefit. By offering them direct access to our platform, we speed up the process of submitting applications and can offer their clients funding within hours. As a former broker myself, I know how important this can be.”

We’ve recently become a patron of the National Association of Commercial Finance Brokers (NACFB) and Pervin believes that brokers will relish the chance to work with our our new platform:

“We have numerous brokers already signed up with iwoca, and have already issued almost £1M to their SME clients. With a commitment to offering a transparent service, competitive rates and fair decisions, we believe this channel is set to grow dramatically over the coming months.”

We have a lot planned for the new platform over the next few months including an instant dealchecker, enabling brokers to assess a client’s eligibility before making a full application. We’re committed to expanding access to finance to small businesses across Europe, and development of existing channels such as this will have a huge part to play in achieving this goal.

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