iwoca Business Loans

iwoca Business Loans logo
  • Compare iwoca business finance products in the table below.
  • Get information on terms and amounts for the different commercial loan types that they offer.
  • Click the links provided to apply direct online.
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 Merchant Cash Advance logo

    iwoca Merchant Cash Advance

    • Get up to £50,000 for your business with a 24 hour decision
    • Tailor your loan how you like it by choosing a percentage of your revenue to repay each month
    • You won’t pay any interest but there is a simple, fixed fee
    • Minimum Turnover
      £12,000 p.a.
    • Available Amounts
      £1,000 to £50,000
    • Available Terms
      1 month to 2 years
  • 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

  • Puzzle Funding logo
    Broker

    Puzzle Funding

    • Free service matches your business with over 100 lenders in seconds
    • Apply in 3 minutes and get funds in as little as 1 hour
    • High acceptance rate
    • Minimum Turnover
      £100,000 p.a.
    • Available Amounts
      £1,000 to £15,000,000
    • Available Terms
      1 month to 25 years
  • Funding Circle logo

    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 2.9% 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
  • Nationwide Finance Business Finance logo

    Nationwide Finance Business Finance

    • Nationwide Finance help 35,000 businesses get finance each year
    • Direct funder - not a broker
    • Same day decision, funds within 48 hours
    • Minimum Turnover
      No minimum
    • Available Amounts
      £10,000 to £500,000
    • Available Terms
      1 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
  • Fleximize logo

    Fleximize

    • Industry-leading flexibility - top-ups, repayment holidays, penalty-free early repayment, no set-up fees
    • Interest charged on reducing balance, not total loan amount - repay early and only pay for the time you had the loan
    • Apply online in five minutes, typically get a decision in 24 to 48 hours, receive funds the same day
    • Minimum Turnover
      £60,000 p.a.
    • Available Amounts
      £5,000 to £500,000
    • Available Terms
      1 month to 4 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
  • 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
  • 365 Business Finance logo

    365 Business Finance

    • Your business must process credit and debit card transactions to apply for this product
    • A flexible business funding alternative
    • Cash advanced against card transactions
    • Pay back an affordable % of your card transactions
    • Minimum Turnover
      £5,000+ card transactions per month
    • Available Amounts
      £5,000 to £200,000
    • Available Terms
      4 to 18 months
  • Capify logo

    Capify

    • Your business must have a minimum of 1 years trading history. No sole traders.
    • Capify loans are paid back in very small automated regular payment; either daily or weekly
    • A fast and easy business funding alternative for SMEs
    • Funds can be used for any business purpose, from managing cashflow through to improving technology
    • Minimum Turnover
      £120,000 p.a.
    • Available Amounts
      £5,000 to £500,000
    • Available Terms
      3 to 18 months
  • Cubefunder logo

    Cubefunder

    • 3+ months trading. Limited companies in England and Wales.
    • Fast and Flexible funding from £5,000 - £100,000 for Limited Companies within England and Wales
    • No penalties for Late payments or Early repayment
    • Apply and receive funds within 48 hours
    • Minimum Turnover
      £50,000 p.a.
    • Available Amounts
      £5,000 to £100,000
    • Available Terms
      3 months to 1 year

Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

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Last updated on 14 December 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.