Standards of Lending Practice
We are pleased to be a Registered Firm with the Lending Standards Board
The Lending Standards Board publishes the Standards of Lending Practice for Business Customers which you can read here:
- Find out more about the Standards of Lending Practice.
- Find out more about the Standards of Lending Practice for business customers.
- Find out more about the Lender and Borrower Responsibilities.
Which customers do the standards apply to?
The Standards of Lending Practice for business customers apply to SME customers with a turnover of up to 25 million that do not have a complex ownership structure (for example businesses with overseas, multiple or layered ownership structures)
What iwoca products are covered by the standards?
All of our flexi loan products are covered by the standards. If you are unsure if your iwoca loan is covered, please contact us.