Introducing our partnership with

Since launching iwoca we’ve learnt that financing small businesses is about more than just cash flow – it’s about giving them the buying power they need to take advantage of opportunities and compete on a global stage. That’s why we’re so excited to announce that we’ve partnered with to develop a new, integrated trade finance solution. It’s called e-Credit line and it’s available today.

Why trade finance?

Large companies have been taking advantage of China’s manufacturing muscle and low prices for years, but until recently it’s been very difficult for a small business to do the same. Importing stock from China requires you to be able to make large upfront payments and wait weeks whilst your goods sit on a boat. We wanted to develop a trade finance solution to help small businesses overcome this cash flow burden and take advantage of international markets.

How does an e-Credit Line work?

An e-Credit line allows you to finance any order from an Alibaba supplier in China, including the deposit payment. Applying for an e-Credit Line is just as simple as the iwoca you’re used to (it takes about five minutes) and you can get approved for a facility of up to £50,000 with no commitments.

Then just let us know once you have an order ready to go and we’ll pay your supplier directly. We don’t charge any international transfer fees and guarantee you the best rate on currency exchange (typically a 2.5% saving compared to banks). Then you can repay iwoca over an eight month term, or repay early to save on interest.

Sounds good. How do I get started?

If you’re a new customer, you can apply online at or give us a call on 0203 3397 3375. It’s even easier for existing iwoca customers – just get in touch with your account manager and they’ll be able to explain everything.

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