It's no secret that banks aren't lending to small businesses. That's why we're on a mission to break down the barriers small businesses and startups face when accessing finance. Our fast and flexible...
It's no secret that banks aren't lending to small businesses. That's why we're on a mission to break down the barriers small businesses and startups face when accessing finance. Our fast and flexible facilities between £1,000 - £100,000 can help small businesses place larger stock orders, bridge cash flow gaps, or invest in growth. It's free to apply and there are no long-term commitments, no hidden fees and no complex forms. Award-winning technology means iwoca makes faster, more accurate credit decisions than traditional lenders. We leverage online integrations with the high-street banks, payment processors and sector-specific providers to look at thousands of data points for each business. These feed into a risk engine that enables iwoca to make a fair assessment of any business – from a retailer to a restaurant, a factory to a farm – and approve a credit facility within hours. We're proud to partner with Accountants and Commercial Loan Brokers. With a few clicks, you can link a client's Xero data to iwoca, removing the need to upload additional documents to support their credit application. Since our launch in 2012, iwoca has lent over £260m to over 12,000 businesses across Europe. iwoca is based in London and has operations in Poland and Germany. For more information, visit iwoca.co.uk or email [email protected].