4000+ reviews

Compare iwoca Term business loans

Think Business Loans search over 200 lenders to find you the best funding options for your business.

  • Check your eligibility in minutes (without a credit check)
  • Our matching software, iFunds, will match you against our panel
  • One of our experts will call to discuss your options
  • Receive your funds and grow your business

NO Credit Check Required

Personal Lending Managers

Enter your details below to find out what's available to your business

Compare business loans from over 200 business lenders

Choose business rates from

Asset Finance from


Bridging Loans from

0.49% per month

Commercial Mortgagesfrom


Unsecured Business Loans from


Working Capitalfrom

0.40% per month

Choose Two Commercial Funding Products

IWOCA is a commercial lender that is ‘custom built for small businesses. IWOCA aims to make finance more accessible to Europe’s small businesses by offering two commercial finance loans:

  • Flexi-loan:loans from £1,000 up to £200,000 with rates from 2% per month, no set fees and a flexible 12-month facility.
  • Small business loan – loans from £5,000 to £250,000 with rates from 8.5%, 6% upfront fees and a term up to 5 years.

IWOCA business loans cover the any business sector. However, sole traders will need to provide additional documents before their application is approved. For more information, please visit

Key features of an IWOCA business loan

IWOCA business loans currently provides simplified commercial finance, with flexible terms for cashflow, stock or investments. A business loan with IWOCA provides SME’s with

  • Funding up to £250,000
  • Custom build lending, specially designed for small businesses
  • Fast and fair decisions on your application in as little as five minutes
  • No early repayment charges – IWOCA only charges interest for the days you have money
Unsecured Term
£25,000 - £100,000
6mths - 5yrs
Unsecured Term
£10,000 - £250,000
6mths - 5yrs
Working Capital Loan
£10,000 - £500,000
1mths - 2yrs
Unsecured Term
£5,000 - £250,000
6mths - 5yrs
Invoice Finance
£10,000 - £10m
Property Loan
£250,000 - £10m
5yrs - 30yrs
Working Capital Loan
£5,000 - £250,000
1mth - 1yr
Merchant Cash Advance
£3,500 - £500,000
Property Loan
£250,000 - £10m
5yrs - 30yrs
Merchant Cash Advance
£3,500 - £500,000
Unsecured Term
£10,000 - £500,000
6mths - 5yrs
Asset Finance
£5,000 - £10m
6mths - 7yrs
Term Loan
£5,000 - £25,000
6mths - 5yrs


IWOCA is a UK based lender that was founded in 2014. Its mission was to revolutionise the way companies obtain funding by providing a suite of flexible funding options tailored to a business’s individual needs.

About IWOCA Business Loans

IWOCA’s range of commercial finance options utilise lightning-fast software that allows you to obtain the funding you need as quickly as possible. From short term investments or to help a cashflow crisis, an IWOCA business loan makes finance feel like a superpower, not a headache.

IWOCA’s flexi-loan offers unsecured business loans for any company at any age including start-ups. This IWOCA business loan starts from £1,000 to £200,000 with a flexible 12-month facility. A flexi loan guarantees a decision within 24 hours, with the ability to overpay or settle at any time at no additional cost. It also provides competitive rates from 2% per month with no set up fees.

In addition to this, IWOCA also provides a unsecured small business loan for Ltd companies with 2+ years filed accounts. The IWOCA small business loan provides finance from £5,000 to £250,000 with terms up to 5 years. Unlike the flexi-loan, decisions are made within 1-2 days. It also provides rates from 8.5% per annum, with a 6% upfront fee.

Please note that the IWOCA small business loan will not lend to those with active CCJs and settled CCJs more than £1,000 within the last 12 months. This loan also requires a minimum turnover of £150,000 per year.

IWOCA Contact Info

iwoca Ltd, 247 Tottenham Court Road, London, W1T 7QX

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.

To contact IWOCA, email their team at[email protected]. You can also call them on020 3778 0274

Promotions & Offers

As of January 2020, IWOCA do not currently have any promotions or offers on their commercial funding products.

How to Apply

If you’re ready to grow your business with a IWOCA business loan, you’ll need to provide some information about you and your business. This will include:

  • 6 months bank statements
  • 4 VAT returns
  • Filed company accounts
  • Aged debtor report (if available)

When applying for a IWOCA Flexi business loan, you will be notified within 24 hours of the outcome of their initial checks. For IWOCA’s small business loan, it will take at least 2 day. You will then be provided with feedback on your applications and receive a drawdown process once you have chosen to proceed. Each business loan taken out through IWOCA is subject to normal lending assessment, status and application. Terms and conditions apply.

Frequently Asked Questions

What types of commercial funding does IWOCA offer?

IWOCA offers unsecured business loans, including Small business and Flexi loans. Each loan will lend up to a maximum of 1 months revenue, which can be topped up after a few successful repayment

How long does a IWOCA business loan take?

This depends on the type of loan you take out. If you’re applying for less than £15,000, we can give you a decision in seconds. Larger loans take up to 24 hours.

Does IWOCA offer business loans to all industries?

Yes. IWOCA offers business loans to any business sector.

Where are IWOCA business loans available?

IWOCA are able to lend to businesses based in England, Ireland, Scotland and Wales.

Can I check my eligibility before I apply?

Before you take out an IWOCA business loan, make sure to check the criteria before you apply. For more information, visit https://IWOCA.com/

Looking for something else?

4000+ reviews