By: iwoca Ltd

Iwoca is a finance provider for small business across the UK. That includes restaurants, hotels, retailers, service providers, and mor1e. Businesses use iwoca from bridging short-term cash flow gaps to investing in stock opportunities. Users are free to make early repayments at any point to save interest. iwoca offers a new type of credit facility for small businesses, allowing them to take advantage of opportunities previously only available to their larger peers.

From: UK Web Visibility: 38.32%
Top Iwoca Alternatives
  • Credible
  • Lending Club
  • Earnest
  • UpStart
  • Zopa
  • Funding Circle
  • OnDeck
  • Fundbox
  • Fundation
  • SpringLeaf
  • Peerform
  • Lending Work
  • Smartbiz
  • Kabbage
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Top Iwoca Alternatives and Overview



Credible is the multi-place market lender that allows borrowers to receive competitive loan offers from its vetted partners.

By: Credible Labs Inc. From USA
Based on 14 Votes


Prosper is a marketplace that provides person-to-person lending utilizing a listing and bidding process to get competitive rates for loans.

By: Prosper Funding LLC From USA
Based on 1 Vote

Lending Club

Lending Club is the online credit marketplace, facilitating business loans, personal loans, and financing for elective medical procedures.

By: LendingClub Corporation From USA


Earnest is a technology-enabled lender that rewards financially responsible people with better interest rates.

By: Earnest Operations LLC From USA


Upstart is an online lending platform that finances people based on signals of their potential including work history, academic performance, the area of study, etc.

By: Upstart Network, Inc. From USA
Based on 2 Votes


Zopa is a peer-to-peer lending service. They offer borrowers competitive...

By: Zopa Limited From UK

Funding Circle

It aims to help businesses struggling to access mainstream sources of finance while providing individual...

By: Funding Circle Limited From USA


The platform uses data aggregation and electronic payment technology to analyze the financial health of...

By: On Deck Capital, Inc. From USA
Based on 1 Vote


For example, if you have outstanding invoices, it will advance 100% of your payment...

By: Fundbox ltd From USA
Based on 3 Votes


Their technology streamlines the small business loan application process by collecting third party data...

By: Fundation Group LLC From USA


It offers secured and unsecured personal loans...

By: Springleaf Finance, Inc. From USA


They provide borrowers with a positive experience when obtaining personal loans that are fast, clear...

By: Peerform, Inc. From USA

Lending Work

It offers borrowers great benefits like lower rates, pay out a loan within 2 working...

By: Lending Works Limited From UK


With low-interest rates, affordable monthly payments, and long repayment loans, Smartbiz helps...

By: SmartBiz Loans, LLC. From USA


It can approve you the loan within minutes when they are able to automatically obtain...

By: Kabbage Inc. From USA

Iwoca Review and Overview

Iwoca is an online small business trading company based in London. The company provides credit facilities to small and medium-sized businesses in two major countries –the UK and Germany, via online automated lending software. It is an independent, custom-built company who is aimed at providing straightforward access to finance as per the requirements of various organizations. It eliminates the time spent on paperwork and focuses on empowering the business activities to achieve the desired goals of the business. The company provides a new type of lending service to make things simpler and goal-focused. It works in just a few clicks from start to finish and approves funds based on the performances. Iwoca offers clear interest policies where you only pay interest for the days you have your funds without taking the time to stand in a queue to get your loans sanctioned. 

Simple to use

The application only takes s five minutes to proceed to the submission of the application and you can have your loan approved in just a couple of hours. It does not charge you any initial costs while applying and there is no commitment for any security-based purposes. There are no hidden fees or charges, whereas you only interest for the time being when you possess your funds. It also includes fair decision making with fair people, where if your business grows, your credit limit grows as well.

Full flexibility

The company allows you to borrow as many funds as you want as per your requirements up to your credit limit and keep the funds safe for any period up to 12 months without any commitments of longer periods. The company includes a dedicated UK based manager who is your manager to resolve your issues and queries related to the process. There are no call centers or waiting on hold; everything is performed with utmost automation without any gaps.

Great deal to grow

Iwoca, as your business partner, supports you in the lending process to make the financial load lighter. As your business grows, the perspective to look at it will mainly look at the increasing credit limit of your account and the reduced interest rates with time.

Company Information

Company Name: iwoca Ltd

Company Address: 39 - 45 Shaftesbury Avenue, London, UK

Founded in: 2011