Business loans.
Simplified.
Borrow £1,000 - £500,000 to buy new stock, invest in growth plans or just keep your cash flow smooth.
How does an iwoca business loan work?
Quick application process
Our business loans are precisely what they sound like – loans that can be obtained quickly, without the hassle of long applications. In most cases, we can approve your business loan in just one working day.
Borrow £1,000 - £500,000
You choose the amount that’s best for you. The funds can be used for business growth, cash flow management, purchasing assets, or something else.
Flexible repayments
You won’t be charged an early repayment fee if you decide to pay your balance early and interest is only charged for the days that you have the money. Plus, you can apply for a top-up if you need additional funding.
Loved by over 90,000+ small businesses since 2012
Fund your future with a business loan
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.
What you need to get started
We can accept applications from all businesses (no matter the age or industry), in fact all we ask is:
you’re based in the UK
you’re a limited company or a partnership
All you need to have to hand:
basic details about the business
bank statements from the last year (or you can link your account via Open Banking)
£3 billion+
approved small business loans
90,000+
businesses approved
