✔️ Applying won’t affect your credit score
✔️ 90,000+ Businesses approved
Business loans.
Simplified.
Borrow £1,000 - £500,000: money you can use to buy new stock, invest in growth plans or just keep your cash flow smooth.
How 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 in 24 hours
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.
Borrow from 1 day to 2 years
Your repayment schedule will depend on your circumstances, but if you’re ready to repay your business loan earlier, we never charge a fee for that.
Loved by over 90,000+ small businesses since 2012
What you need to get started
We can accept applications from all businesses (no matter the age or industry), 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
✔️ last 12 months bank statements (or via Open Banking)
"With iwoca's reasonable rates and amazing staff, we were
able to quickly obtain a loan to purchase equipment
before our grand opening. Sophie was very supportive
and walked us through the process."
Rebecca Lockwood - Trainer for female entrepreneurs
