iwoca SME Expert Index

Our quarterly survey with influential UK SME brokers who collectively submit thousands of small business finance applications per month.

SME Expert Index data

Colin Goldstein
Chief Commercial Officer

Our SME Expert Index provides a regular snapshot on what’s driving small business owners to borrow, according to finance industry experts. It shows trends in the types and value of finance being accessed, and how these patterns change as the country navigates economic shifts in the market.

SME Expert Index
Q1 2025 headline statistics

42%

of brokers expect a surge in SME loans over £100k in the next 12 month

26%

of brokers say businesses are seeking six-figure loans specifically to expand or move to new premises

67%

of brokers now recommend alternative lenders as high street banks lose their grip on SME lending

> See full data trends

It’s great to have the opportunity to share our opinions as brokers. In an ever changing market it is vital that we are able to help with what these businesses need and give feedback to allow us to help them become more successful.