iwoca Ltd

Iwoca Ltd is a UK fintech company that provides short-term working capital loans to small businesses. It focuses on quick, flexible lending for SMEs — particularly for cash flow needs, stock purchases, or bridging gaps between invoices.

Iwoca's lending decisions are technology-driven, using real-time business data including accounting software data, bank statements, and payment history to assess creditworthiness quickly. This allows faster decisions than traditional bank lending processes, sometimes within hours.

Products include revolving credit facilities and term loans for businesses. The revolving credit facility means businesses can draw down and repay funds repeatedly rather than taking one fixed loan. This flexibility is useful for businesses with variable cash flow needs.

Iwoca participated in government-backed lending schemes during the Covid-19 pandemic. It is one of the larger alternative business lenders in the UK and has lent to hundreds of thousands of small businesses.

If you have an Iwoca loan and need to contact them, details are available on their website at iwoca.co.uk. Iwoca Ltd is authorised and regulated by the Financial Conduct Authority.

Free business debt advice is available from Business Debtline on 0800 197 6026 if you are a business struggling with Iwoca repayments. Iwoca has established itself as a trusted name in UK small business lending. Its technology-led approach means decisions are fast and the application process is straightforward compared to traditional bank lending. As with all business borrowing, make sure any credit facility fits within your business's cash flow before drawing funds. If you are struggling to repay an Iwoca loan, contact them to discuss your options. Business Debtline on 0800 197 6026 provides free advice to small business owners in financial difficulty and can help you understand the options available if your business lending becomes unmanageable.