How to refer another business to iwoca
5
min read
How to refer another business to iwoca
Referring a business is pretty straightforward - there are two ways to do it:
- Simply tell the business about iwoca using this link – ask them to give your business name to their Account Manager before they take out their loan.
- If you prefer, give us their details and we’ll get in touch with them for you.
We help all kinds of small businesses with loans from £1,000 to £350,000. Borrow for just one day or up to five years.
What’s in it for them?
They’ll then get their first 30 days with us interest-free.
This means that if they repay within 30 days, their loan will be completely free of charge.
What’s in it for you?
We believe you should always reap rewards for your own work, so we’ll give you 2% of the value of the first loan they take for introducing us.
Here is what that looks like for different amounts:
£10,000 borrowed = £200
£50,000 borrowed = £1,000
£200,000 borrowed = £4,000
Just so you know...
At the moment the scheme only applies if you refer a limited company or LLP. You will see the bonus appear in your bank account 30 days after the business you refer takes a loan with us. However, if the loan is repaid in full within the first 30 days, you won't be eligible for a bonus.
It will appear in your account with the reference 'IWOCA REFERRAL BONUS' and we will contact you via email to let you know it's on its way.
The terms of our bonus can change. We’ll always keep this article up to date.
See our full terms and conditions here.
Supply chain finance
Supply chain finance plays a crucial role in the success of businesses in the UK. It involves various financial techniques and solutions that help optimise the movement of goods and funds along the supply chain. By understanding the basics of supply chain finance, businesses can unlock potential opportunities and drive growth in the competitive market.
Management buyout
A management buyout (MBO) is a well-known strategy in the business world that allows the existing management team to take control of a company by purchasing either all or a majority of the company's shares from its current owners. In the UK, management buyouts have gained significant popularity as a means of acquiring and managing businesses.
Property refurbishment loans
In today’s competitive real estate market, property refurbishment has become an increasingly popular strategy for investors looking to maximise their returns. However, undertaking a renovation project can often require a significant amount of capital upfront. This is where property refurbishment loans come in to provide the necessary funding. In this article, we will explore everything you need to know about these loans and how they can help turn your property investment dreams into a reality.
