Products Insights Help About Log in Apply now 020 3778 0274 We use cookies to give you the best online experience. Got it! Business loans. Simplified Borrow £1,000 - £750,000: money you can use to buy new stock, invest in growth plans or just keep your cash flow smooth. Apply now Applying won’t affect your credit score Excellent Trustpilot • 4,757 reviews 2 minutes to check your eligibility No fees for repaying early Your own account manager How does it work? Apply online in 5 minutes We're designed 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, 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 5 years Your repayment schedule will depend on your circumstance, but if you’re ready to repay earlier, we never charge a fee for that. We keep our prices simple We’ll only charge interest on your outstanding balance for the days you’re using your loan – no hidden fees, no long-term commitments. Our 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 £200,000 For up to 12 months Borrow £6,000 Need help? call us This loan calculator is only an example, your actual rate 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 sole-trader, partnership or limited company 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: Previous 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 Dan Next Bridging loan Purchasing equipment Pay a due bill Purchasing stock Marketing These are only some examples of what you can do with the funds Apply now Loved by over 50,000 small businesses (and big names) since 2012 Excellent Trustpilot • 4,757 reviews Frequently asked questions Here are some questions our customers ask. If there’s anything we haven’t covered here, check our FAQ Will applying affect my credit score? Can I repay early? How are you different from a bank? How long does it take? What do your customers use their loans for? What if I need more? Questions? We're here to help Call us from Monday to Friday (9am - 6pm). We can take your application over the phone, or answer your questions about applying online. Apply now 02037780629 support@iwoca.co.uk Learn more About us Inside iwoca Careers Press and news Help Recovery Loan Scheme Support center Developers API Coronavirus update Resources Insights Finance explained Our partners Brokers Accountants Partners Products Flexi-Loan iwocaPay Terms & privacy Privacy policy Terms of use Use of cookies Complaint policy 020 3778 0274 contact@iwoca.co.uk Apply now iwoca Ltd, 3rd Floor 101 New Cavendish Street London, W1W 6XH iwoca Limited is authorised and regulated by the Financial Conduct Authority (reference number: 723378) in relation to regulated credit agreements and are a registered account information service provider (reference number: 791804). We're also registered with the Information Commissioners Office in relation to the processing of personal information (registration number: Z3007540). iwoca Limited is incorporated in England and Wales (company number: 07798925). Our registered office is 10 Queen Street Place, London, EC4R 1AG. £6,000 6 months