Business finance. Simplified.

We’re focusing 100% on CBILS, so we’ve put Flexi-Loan applications on pause.

How it works

Apply in minutes

Submit your customer applications through our broker portal, just a few minutes after registering. All we need is a few basic details about the business.

Get a decision

We’ll provide you with feedback on all applications, including a repayment schedule for the ones we’ve approved.

We fund your client

When they’re happy to go ahead, their account manager will talk them through the steps. Once they’ve got their funding, you’ll get your commission.

What’s the right choice for your client?

Our two products are designed for a range of different needs, from cash flow to investments. If your client isn't eligible for the product you choose, we'll automatically try to approve them for the other product.


Borrow £1,000 - £200,000

Manage cash flow

Fast and flexible funding to buy stock, bridge cash flow or pay one-off bills.

Interest charged by the day

Your client can keep the money for up to 12 months or choose to repay early with no fees or penalties.

Rates from 2% per month

If they’re borrowing for a short period, a Flexi-Loan could be cheapest (see our Flexi-Loan pricing calculator).

Business Loan

Borrow £5,000 - £250,000

Designed for growth opportunities

Perfect if your customers want to hire more hands, fund new projects or buy new equipment.

Spread the cost up to five years

Keep their monthly commitments as low as possible – they can still overpay or settle early if they’d like, though.

Rates from 6.6% per annum

Our cheapest way of borrowing for longer term needs, with a 6% arrangement fee (see our Business Loan pricing calculator).

We keep our prices simple

Simple Pricing

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

6 monthly repayments of £1,120

Total repayment of £6,718(3.33% interest rate per 30 days)

Borrow up to £200,000

For up to 12 months

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

Why iwoca?


We’re happy for your customers to overpay or settle early any time, giving them more control over their costs.


Our data-driven approach to underwriting means we can work with pretty much any industry or business.


We’ve built our own technology to make applications as speedy as possible - from instant decisions to same day funding.


We’ve won awards because of our service for brokers and introducers. Our dedicated broker account managers aim to provide industry leading service. If you have a question, just give us a call.

Want to know more?

Here are some of the most common questions our brokers ask. Can’t find the answer you’re looking for? Just give us a call on 020 3434 3481

We’ve put together some handy guides for both our Flexi-Loan and Business Loan.

Nope, we’ll only run soft credit checks on applications. It won’t impact their score or ability to apply with another provider.

No, both of our loan products are unsecured, although we do need a personal guarantee from a director.

Yes, once they’ve repaid a third of the initial loan. We might also need up to date financials.

Yup, they can overpay or settle their loan at any time, with no penalty.

Once you’ve sent us everything we need, we’ll give you a decision within 48 hours. We can fund your customers on the same day.

Loved by small businesses (and big names)

Read about us

Customer support


Questions? Chat to our brokers team

You can call us on 020 3319 6675 or contact us by email

Apply now