iwoca Business Loans

iwoca Business Loans logo
  • Flexible Credit Facilities of £1,000 to £200,000 for Limited Companies
  • No fees or long term commitments
  • Apply online in minutes for a decision (some decisions may take up to 24 hours)
See Deal Browse iwoca Business Loans FAQs

Compare iwoca Business Loans

  • iwoca Credit Lines logo

    iwoca Credit Lines

    • Flexible credit line facilities of up to £200,000
    • Repay early with no fees
    • Application decisions in one working day
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £1,000 to £200,000
    • Available Terms
      up to 12 months
  • iwoca Unsecured Loans logo

    iwoca Unsecured Loans

    • Flexible unsecured credit facility
    • Repay early and only pay interest for the days you’re using the funds
    • Straightforward applications and quick decisions
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £1,000 to £200,000
    • Available Terms
      Up to 12 months
  • iwoca Working Capital Loans logo

    iwoca Working Capital Loans

    • Flexible credit facilites suitable for boosting working capital
    • Early repayment with no fees
    • Dedicated account manager and decisions within 24 hours
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £1,000 to £200,000
    • Available Terms
      Up to 12 months

Compare similar products from other providers

  • Funding Circle logo
    Peer To Peer

    Funding Circle

    • Your business must have a minimum of 2 years’ trading history
    • A leading UK platform for Small Business Loans
    • Simple online application and decisions in as little as 1 hour
    • Rates from 4.3% to 12.1% per year - No early settlement fees
    • Minimum Turnover
      No minimum
    • Available Amounts
      £10,000 to £500,000
    • Available Terms
      2 to 6 years
  • EJ Finance logo
    Broker

    EJ Finance

    • Application-to-offer within 24 hours
    • To be contacted within 3 minutes of applying
    • Access to over 200+ lenders, covering all sectors
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £10,000 to £10,000,000
    • Available Terms
      1 months to 10 years
  • THINK Business Loans logo
    Broker

    THINK Business Loans

    • YOUR BUSINESS MUST BE TRADING FOR 12 MONTHS OR MORE
    • Find the right loan to suit your needs from a range of finance types
    • Check your eligibility without a credit check
    • Dedicated FCA regulated experts on hand to support your application
    • Minimum Turnover
      £100,000 p.a.
    • Available Amounts
      £50,000 to £10,000,000
    • Available Terms
      1 to 10 years
  • Fluidly logo
    Broker

    Fluidly

    • YOUR BUSINESS MUST BE TRADING FOR 12 MONTHS OR MORE
    • Hassle free funding options within 30 seconds
    • Team of Funding Specialists are on hand to support your application
    • A range of products available including Recovery Loan Schemes, unsecured and asset financing
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £15,000 to £10,000,000
    • Available Terms
      3 months to 7 years
  • Swoop Funding logo
    Broker

    Swoop Funding

    • Your business must be trading for 12 months or more
    • Simple, secure and speedy search of 1,000 funding providers without affecting your credit rating
    • Free access every type of finance including the Recovery Loan Scheme
    • Speak to Swoop’s team of five-star Trustpilot rated experts
    • Minimum Turnover
      £100,000 p.a.
    • Available Amounts
      £1,000 to £10,000,000
    • Available Terms
      3 months to 6 years
  • Fleximize logo

    Fleximize

    • Voted "Best Business Finance Provider" at the British Bank Awards 2020
    • Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
    • Interest charged on a reducing balance, repay early and only pay for the time you had the loan
    • Rates from 0.9% per month (10.8% per annum), with no additional fees
    • Minimum Turnover
      £60,000 p.a.
    • Available Amounts
      £5,000 to £500,000
    • Available Terms
      3 months to 4 years
  • Funding Xchange logo
    Broker

    Funding Xchange

    • Access 70 lenders from one simple funding request
    • Easily compare the choices available, including RLS options
    • Apply with confidence, no impact on your credit score
    • Minimum Turnover
      £100,000 p.a.
    • Available Amounts
      £1,000 to £500,000
    • Available Terms
      3 months to 5 years
  • NatWest Rapid Cash - Invoice Finance logo

    NatWest Rapid Cash - Invoice Finance

    • Eligibility Criteria Apply
    • Rapid Cash is an innovative, high tech solution to business financing
    • Borrow against your unpaid invoices and get a flexible line of credit from £25,000 to £1 Million
    • You could be approved within 48 hours. Security and guarantee required. Fees may apply
    • Minimum Turnover
      £100,000 p.a.
    • Available Amounts
      £25,000 to £1,000,000
    • Available Terms
      No min/max terms
  • Portman Asset Finance logo
    Broker

    Portman Asset Finance

    • Business finance broker with specialist sector experience, offering fast and flexible finance solutions
    • Access over 40 leading UK lenders
    • Over £750 million in funding provided to thousands of small-to-medium sized UK businesses
    • Minimum Turnover
      No minimum
    • Available Amounts
      £10,000 to £10,000,000
    • Available Terms
      Up to 5 years
  • Nucleus logo

    Nucleus

    • Fast service - receive your funding in 24 hours
    • Unsecured and secured business loans
    • 7 products tailored to your business
    • Minimum Turnover
      £60,000 p.a.
    • Available Amounts
      £3,000 to £50,000,000
    • Available Terms
      3 months to 8 years

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Last updated on 30 March 2021.

Iwoca Business Finance FAQ

Who is Iwoca?

Iwoca is a UK-based financial services provider offering a range of products including business loans and credit lines. Iwoca offers services to businesses across the UK as well as Europe.

What services and products does Iwoca offer?

Iwoca offers a range of products and services, such as flexible credit lines and business loans with varying terms and agreements.

What industries does Iwoca serve?

Iwoca offers business loans to a range of industries such as retail, technology and manufacturing.

What are Iwoca credit lines?

A line of credit (LOC) is an arrangement that establishes the maximum amount a business can borrow under a lending agreement. Companies like Iwoca allow businesses to draw upon these funds as needed. They can then be used for a range of business-related purposes such as stock purchasing, cash flow finance or staff expenditure.

How does an Iwoca credit line work?

A line of credit is offered to a business based on certain terms and conditions. These funds can be used by the business depending on their operations and needs. Repayments and interest are then paid back on the amount that was drawn from the total credit line amount.

What can Iwoca credit lines be used for?

Credit lines, as offered by companies like Iwoca, can be used to acquire various business-related assets or equipment as well as to fund stock orders, working cash flow, employee expenditures and salaries, renovations and other business-related operations.

What are Iwoca business loans?

Business loans, offered by Iwoca and other financial providers, offer businesses short-term funding for a number of different business-related purposes, such as cash flow financing or office renovations.

How do Iwoca business loans work?

Depending on your agreement, Iwoca will offer you a contract whereby you receive an amount of finance under the agreement that you will pay back over a set period of time. This will come with added interest, which may vary depending on your circumstance, how much you borrow and how long you need the loan for.

Are business loans from Iwoca secured?

No, Iwoca business loans are not secured against other assets such as property. You may be required to provide some form of personal guarantee depending on your circumstance.

What can Iwoca business loans be used for?

Business loans, as offered by companies like Iwoca, can be used for a range of different business-related purposes such as hiring or purchasing assets like machinery, industrial equipment, manufacturing equipment, computer technology or agricultural equipment. They can also be used as cash flow finance and to fund stock purchases or employee expenditure.

How do I apply for Iwoca business loans and credit lines?

To apply for Iwoca financial products and services, use our comparison service navigate to the company’s website. You can then click on the relevant option and sign up for free using the online information request form. This will require information such as your personal contact details and the amount you are looking to borrow under the loan agreement. Iwoca will then process your details and get in touch with you directly.

Where can I find reviews of iwoca?

To access impartial reviews of iwoca business loans visit a review site like Trustpilot.

Services offered by this provider may change over time. Always check Ts&Cs.