Apply for a Flexi-Loan today
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.
- No early repayment fees
- No paperwork
- Money in your account in as quick as 2 minutes 37 seconds (our record)!
- Top ups available
Applying won't affect your credit score
Because we’re designed specifically for small businesses, our flexible business loans work like you do: they’re fast and hassle-free.
Because we’re designed specifically for small businesses, our flexible business loans work like you do: they’re fast and hassle-free.
No early repayment fees
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.
Easy application
We’ve designed our application process to be as slick as possible: link your bank account and get going in minutes.
No hanging around
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.
How our flexible business loans work
Apply in minutes
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.
Use your funds
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.
Repay or top up
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 keep our prices simple
Simple Pricing
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)
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.
Why choose iwoca’s flexible business loan
No early repayment fees
Make as many early repayments as you like – whenever you like – with no fees!
Borrow when you need it
With our flexible business loans you pay interest only for each day you have the funds.
Flexible and fast
Speedy decisions: 2 minutes 37 seconds is our record from signing up to money in your account.
We have different flexible business loans available to suit your needs
We have different flexible business loans available to suit your needs
Revenue Based Loan
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.
Flexi-Loan
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.
Frequently Asked Questions
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.
“When you're a small business you need to move fast. Dealing with banks is a long process. Dealing with iwoca was definitely a lot more efficient.”
“When you're a small business you need to move fast. Dealing with banks is a long process. Dealing with iwoca was definitely a lot more efficient.”
Ian - Champs Barbers
Questions?
We're here to help
Small business loans are all we do, so you'll get straight through to someone who can help, like Lisa – we're not fans of hold music. Call us from Monday to Friday (9am - 6pm). We accept applications over the phone.
Apply now