The money you need, when you need it.
Borrow £1,000 - £500,000 for 1 day to 2 years with our flexible business loans. Bridge gaps, grab opportunities or just keep cash flow smooth.
Applying won't affect your credit score
If you want to repay early that’s great. We’ll never charge a fee for that. In fact, more than 20% of our customers repay ahead of schedule in their first six months.
We’ve designed our application process to be as slick as possible: link your bank account and get going in minutes.
Once you’re approved, we’ll ping the money straight to your account. And if you need more later, you can apply for a top-up.
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.
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.
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.
We’ll only charge interest on your outstanding balance for the days you’re using your flexible 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.
Total repayment of £111,973(3.33% interest rate per 30 days)
Borrow up to £500,000
For up to 12 months
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.
Make as many early repayments as you like – whenever you like – with no fees!
With our flexible business loans you pay interest only for each day you have the funds.
Speedy decisions: 2 minutes 37 seconds is our record from signing up to money in your account.
Our Revenue based loan is perfect for any business that takes card payments. Monthly repayments based on your revenue: if your sales slow down, you’ll pay less.
Our Flexi-loan is designed to help you manage cash flow, borrow from 1 day to 24 months in an instant. Repay at your earliest convenience.
Sell more and get your invoices paid sooner with iwocaPay.
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
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.
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.
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.)
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
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.
Ian - Champs Barbers