Get up to £1 million in business funding
Discover how our flexible approach to working capital could keep your business moving.
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Interest rates from 1.5% per month
Decisions in days, not weeks
Borrow from 1 day to 5 years
Secure cash flow or speed up growth
Wherever you want to take your business, iwoca is here to help
- Scale your operations
- Buy stock or equipment
- Smooth out seasonal fluctuations
- Manage long payment terms
- Expand marketing campaigns
- Hire and train staff
- Management buy-outs and acquisitions
Ready to apply?
Apply nowHow does an iwoca business loan work?
Apply online in 5 minutes
We've designed our business loans with small businesses in mind, so we'll just need the basics about your business to make a decision.
Get approved within days
If you’re approved for a business loan, you can transfer as much as you need over to your bank. The money should hit your account within hours.
Repay early for free
Your repayment schedule will depend on your circumstance and you can always overpay or repay earlier for free.
Apply online in 5 minutes
We've designed our business loans with small businesses in mind, so we'll just need the basics about your business to make a decision.
Get approved within days
If you’re approved for a business loan, you can transfer as much as you need over to your bank. The money should hit your account within hours.
Repay early for free
Your repayment schedule will depend on your circumstance and you can always overpay or repay earlier for free.
Support and security as standard
At iwoca, our industry-leading technology and personal service work together to ensure a seamless and secure experience.
A dedicated, UK-based account manager will be assigned to you, taking the time to understand you and your business needs. They’re available by phone or email from 9am to 6pm, Monday to Friday.
Additionally, our full registration with the Lending Standards Board (LSB) reflects our commitment to maintaining the highest ethical standards in lending. For your security, all documents are transferred with complete data encryption, and payments are securely processed via Stripe.
Ready to apply?
Apply now
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4 simple requirements
We make it easy for businesses to qualify. To apply for an iwoca business loan above £100,000 you need:
A UK registered Limited Company
Last 6 months bank statements
Last 4 quarters VAT Returns
Filed Company Accounts
Start-ups are also exempt from this requirement. The document requirements may change according to the loan size and type of company
How to save with flexible repayments
Here is an example of how repaying early for free can help you save.
Borrow: £200,000 at 3% monthly interest rate with a 12 month term
Original Cost: £241,962 (£41,962 interest paid)
Cost of repaying after 3 months: £216,943 (£16,943 interest paid)
Saving: £25,019 in total interest paid
Ready to apply?
Apply nowHow does iwoca compare with other lenders?
Fast, flexible and supportive
Quick decisions
No fees for repaying early
Dedicated account manager
Ready to apply?
Apply nowWant to know more?
Here are some questions our customers ask. If there’s anything we haven’t covered here, take a look at our FAQ
Yes, you can apply for an iwoca loan even if you’re using other finance. Many customers use iwoca alongside other lenders.
No, applying won't impact your credit score. We perform a soft credit check initially, which is invisible to others.
Yes. Interest payments on your business loan are typically tax-deductible as a business expense. However, you should always confirm with your accountant.
We ask for a personal guarantee because it helps us offer funding without requiring business assets as security, keeping our finance fast, flexible, and accessible for more businesses.
Our loans are unsecured, meaning we don’t require you to put up any business assets as collateral, though you will typically need to provide a personal guarantee.
Questions?
We're here to help
Call us from Monday to Friday (9am - 6pm). We can take your application over the phone, or answer your questions about applying online.
