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.

Borrow £1,000 - £500,000: money you can use to buy new stock, invest in growth plans or just keep your cash flow smooth.

Applying won’t affect your credit score


Trustpilot • 5,471 reviews

2 minutes

to check your eligibility

No fees

for repaying early

Your own

account manager


Trustpilot • 5,471 reviews

2 minutes

to check your eligibility

No fees

for repaying early

Your own

account manager

How do iwoca's business loans 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 circumstance, but if you’re ready to repay your business loan earlier, we never charge a fee for that.

We keep our prices simple

Simple Pricing

We’ll only charge interest on your outstanding balance for the days you’re using your business loan – no hidden fees, no long-term commitments. Our business loan rates start at 2% a month for a Flexi-Loan, depending on your business.

6 monthly repayments of £1,120

Total repayment of £6,718(3.33% interest rate per 30 days)

Borrow up to £500,000

For up to 12 months

Need help? call us

This loan calculator is only an example, your actual rate for your business loan will vary based on your circumstances. Here’s another example: if you borrowed £10,000 for 12 months at 49% representative APR, with an interest rate of 40% p.a. (variable), then, all in all, the total amount you’d repay would be £12,294.

What you need to get started

We can accept applications from all businesses (no matter the age or industry), in fact 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

  • bank statements from the last year (or you can link your account via Open Banking)

Ready to apply?
Get started

The document requirements may change according to the loan size and type of company

We’re here to help you grow

We take care of the loan; you get back to business. Like these happy customers:

We were waiting for payments from Apple and Google to come through and iwoca’s loan helped bridge that gap. They were able to offer us a small amount and it just worked beautifully in that moment.

Companion Apps


Bridging loan

Purchasing equipment

Pay a due bill

Purchasing stock


These are only some examples of what you can do with the funds

Apply now

Stephen Gee

Gee Ski Ltd

You think you’ve thought of everything, then something else crops up. That’s where iwoca came in, to help us bridge those gaps.

Ian Hoyos

Champs Barbers

When you’re a small business you need to move fast. Dealing with banks is a long process. Dealing with iwoca was definitely a lot more efficient.

Carl Douglas

Carl Douglas Racing Shells

iwoca’s funding allowed us to get on with the job, when otherwise we would have run into a brick wall. It’s a friendly relationship. The simplest possible process with the greatest help.

Tracy Sambrook

SEB Brewing

With iwoca, we could keep investing in kit, equipment and a new facility. So we could keep our standards high.

Tom Seaton

Crate Bars Ltd.

iwoca was definitely the simplest loan I’ve ever taken out in my life. Last year we launched our product in Tescos and needed more working capital. iwoca helped us do that.

Jonathan Hamp


What I like about iwoca is the quick turnaround. It gives you a sense of security.

Our business loans: loved by over 50,000 small businesses (and big names) since 2012

Tom Hyde

Brew Lab

We have a good relationship with our bank, but the bank moves really slowly. That’s why iwoca is so useful. They’re very fast and very responsive.

Tim Law

Simply Plants

The process has been easy, uncomplicated and very quick. Their service is excellent with regular contact and support. I highly recommend this company for any business that needs finance.

Cecilia Downer

Nails and Cocktails

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.

Mash Seriki

Healthcare Learning Ltd

The speed at which iwoca can respond to us is critically important for us to put on a fantastic program. They understand that you can blend technology with that human interaction.

Olivia Smith

Olivia and Pearl

iwoca was a breath of fresh air. We got an okay on our loan within a couple of days and they went above and beyond to help me get our project off the ground.

Alex Harris

Behind This Wall Ltd

Borrowing for business can be intimidating but iwoca have always been on hand for me to provide flexible options. They take the stress out of cash-flow issues and allow you to focus on what you do best.

Frequently asked questions

Here are some questions our customers ask. Check our FAQ for anything we haven't covered.

We only run soft credit checks which means applying won’t affect your credit score. But if you decide to draw down funds from us, the business loan will show up on your credit report.

Yep, some of our customers repay early to save on interest. If you want to make extra repayments or pay off your business loan early we won't charge you any fees. (And don't worry - you’ll never find any sneaky small print surprises with us.)

Even though we offer business loans, we’re not a bank. We’re an independent company custom-built for small businesses – and our goal is to provide straightforward access to finance where and when your business needs it.

It takes 5 minutes to apply and in almost all cases you'll get a decision in 24 hours.

Generally, they put the money to short term investments, like extra stock. Or they use it to help with cash flow, like if they're waiting on an invoice.

With a Flexi-Loan, once you've paid back a third of your original credit limit, applying for a top up is easy. We'll just need updated information about your business.

Customer support


We're here to help

Call us from Monday to Friday (9am - 6pm). We can take your business loan application over the phone, or answer your questions about applying online.